Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - ALLIANCE FINANCIAL CORP /NY/ | d8k.htm |
Exhibit 99.1
| NEWS RELEASE | FOR IMMEDIATE DISTRIBUTION |
Alliance Financial Corporation Announces Quarterly Dividend
Syracuse, NY, May 31, 2011 - Alliance Financial Corporation (the “Company”) (NASDAQ: ALNC), the holding company for Alliance Bank, N.A., announced that its Board of Directors has declared a quarterly dividend of $0.30 per common share. The dividend is payable on July 1, 2011 to shareholders of record on June 17, 2011.
Alliance Financial Corporation is an independent financial holding company with Alliance Bank, N.A. as its principal subsidiary that provides retail and commercial banking, and investment management services through 29 offices in Cortland, Madison, Oneida, Onondaga and Oswego counties. Alliance also operates an investment management administration center in Buffalo, N.Y. and an equipment lease financing company, Alliance Leasing, Inc.
| Contact: |
Alliance Financial Corporation | |
| J. Daniel Mohr, Executive Vice President and CFO (315) 475-4478 | ||
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