New York Bankers Association Names 2009 Officers

NEW YORK, NY (03/13/2009)(readMedia)-- (New York, NY) March 13, 2009 - Thomas L. Hoy, Chairman, President and Chief Executive Officer of Arrow Financial Corporation - parent of Glens Falls National Bank & Trust Company and Saratoga National Bank & Trust Company - and Mark J. Czarnecki, President of M&T Bank have been elected by the members of the New York Bankers Association (NYBA) to serve as the Chairman and Vice Chairman, respectively, of the banking trade group for 2009.

John R. Buran, President and Chief Executive Officer of Flushing Financial Corporation, parent of Flushing Savings Bank, FSB and Flushing Commercial Bank, was elected Treasurer and Chairman of the New Century Fund. The election of officers took place recently at NYBA's Annual Meeting and Legislative Conference in Albany, New York.

"I am pleased to serve as Chairman of NYBA this year, particularly in view of the vital issues and challenges our industry faces in Albany and in Washington," said Mr.Hoy. "The banking industry plays an important role in our state and local economies, and in New York's communities. It is our responsibility to help ensure that it remains a strong force for growth throughout the State."

NYBA is the primary banking trade group in New York State, representing independent, community, regional, and money center commercial banks and thrift institutions operating across New York State. NYBA members have aggregate assets in excess of $9 trillion and more than 250,000 New York employees.

"Tom Hoy, Mark Czarnecki and John Buran have the experience and vision to help lead our Association and industry during these challenging times. They have the absolute confidence of the members, who unanimously supported their election," said NYBA President & CEO Michael P. Smith.

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NOTE: Pictures of the new officers can be electronically sent. Requests for pictures should be emailed to: steve@greenbergpr.com