SYRACUSE, N.Y., Feb. 24 /PRNewswire-FirstCall/ -- Alliance Financial Corporation (the "Company") , the holding company for Alliance Bank, N.A., announced that its Board of Directors has declared a quarterly dividend of $0.26 per common share. The dividend is payable on April 6, 2009 to shareholders of record on March 26, 2009.
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., an equipment lease financing company, Alliance Leasing, Inc., and a multi-line insurance agency, Ladd's Agency, Inc.
Contact: Alliance Financial Corporation
J. Daniel Mohr, Treasurer and CFO (315) 475-4478
