Item  8.01. Other Events.

On November 2, 2009, Alliance Financial Corporation (“Alliance” or the “Company”) announced the commencement of an underwritten public offering of approximately $25 million of its common stock, par value $1.00 per share (the “common stock”). The offer and sale would be made pursuant to the Company’s shelf registration statement on Form S-3 (Registration No. 333-161838), filed with the Securities and Exchange Commission on September 10, 2009 and declared effective on September 22, 2009.

The Company issued a press release announcing the Offering, a copy of which is attached hereto as Exhibit 99.1.

 

Item 9.01. Financial Statements and Exhibits.

(a) Not applicable

(b) Not applicable

(c) Not applicable

(d) Exhibits

 

99.1    Press Release of Alliance Financial Corporation, dated November 2, 2009.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    ALLIANCE FINANCIAL CORPORATION
Date: November 2, 2009   By:   /S/    J. DANIEL MOHR        
   

J. Daniel Mohr

    Treasurer and CFO

EXHIBIT INDEX

 

Exhibit

No.

  

Description

99.1    Press Release of Alliance Financial Corporation, dated November 2, 2009.