<SEC-DOCUMENT>0000717538-17-000134-index.html : 20170809
<SEC-HEADER>0000717538-17-000134.hdr.sgml : 20170809
<ACCEPTANCE-DATETIME>20170809130819
ACCESSION NUMBER:		0000717538-17-000134
CONFORMED SUBMISSION TYPE:	S-3
PUBLIC DOCUMENT COUNT:		6
FILED AS OF DATE:		20170809
DATE AS OF CHANGE:		20170809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARROW FINANCIAL CORP
		CENTRAL INDEX KEY:			0000717538
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				222448962
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-219822
		FILM NUMBER:		171017211

	BUSINESS ADDRESS:	
		STREET 1:		250 GLEN ST
		CITY:			GLENS FALLS
		STATE:			NY
		ZIP:			12801
		BUSINESS PHONE:		5184154299

	MAIL ADDRESS:	
		STREET 1:		250 GLEN STREET
		CITY:			GLENS FALLS
		STATE:			NY
		ZIP:			12801

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARROW BANK CORP
		DATE OF NAME CHANGE:	19900710
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-3
<SEQUENCE>1
<FILENAME>s-3arow2017espp.htm
<DESCRIPTION>S-3
<TEXT>
Document 1 - file: s-3arow2017espp.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>arow2017s-3esppexhibit51.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
Document 2 - file: arow2017s-3esppexhibit51.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-15.1
<SEQUENCE>3
<FILENAME>arow2017s-3esppexhibit151.htm
<DESCRIPTION>EXHIBIT 15.1
<TEXT>
Document 3 - file: arow2017s-3esppexhibit151.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>4
<FILENAME>arow2017s-3esppexhibit231.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
Document 4 - file: arow2017s-3esppexhibit231.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>S-3
<SEQUENCE>5
<FILENAME>arow2017s3espp.pdf
<DESCRIPTION>S-3
<TEXT>
Document 5 - file: arow2017s3espp.pdf

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>arrowlogoa01.jpg
<TEXT>
Document 6 - file: arrowlogoa01.jpg

</DOCUMENT>
</SEC-DOCUMENT>