# Glens Falls National

Glens Falls National is a Bank / Wealth / Trust based in Glens Falls, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Glens Falls, United States
- **Region:** North America
- **Address:** Glens Falls, NY, United States
- **Founded:** 1851
- **Assets under management:** Undisclosed
- **Website:** gfnational.com
- **LinkedIn:** linkedin.com/company/glens-falls-national-bank

## Regulatory record

- **Reports private funds:** No

## About

Glens Falls National is a wealth management firm based in Glens Falls, New York. It focuses on wealth management services in North America.

## Sectors

- Financial Services

## People

- Thomas L. Hoy — Chairman and CEO

## Questions

### Does Glens Falls National make direct investments in private companies?

There is no public evidence that Glens Falls National's trust or wealth-management division engages in direct private equity, venture capital, or hedge fund investing. Its fiduciary activities center on personal trust administration, estate settlement, and investment management through publicly traded securities and bond ladders. The bank's commercial-lending arm makes loans to local businesses, but those are credit extensions, not equity stakes.

### Who runs investment policy at Glens Falls National?

Thomas L. Hoy serves as Chairman and CEO of Arrow Financial Corporation and Glens Falls National. Day-to-day investment-committee and trust-administration decisions are made by the bank's trust officers and wealth-management professionals operating under a fiduciary framework regulated by the Office of the Comptroller of the Currency. Specific portfolio managers are not publicly named.

### What asset classes does the trust division manage?

The trust division manages personal trusts, estates, and investment-management accounts with allocations to publicly traded equities, fixed income, municipal bonds, and cash equivalents. The bank also holds real estate assets that flow through trust and estate settlements, primarily agricultural or residential property in the Adirondack region. No alternative-asset programs are publicly disclosed.

## Related profiles

- [Glenn Foundation for Medical Research](https://altss.com/profile/glenn-foundation-for-medical-research)
- [Glenwood Investment Group](https://altss.com/profile/glenwood-investment-group)

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Last updated: 2026-06-03T20:00:00.000Z

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