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Home > Company Index > Banking > Banking - Northeast > Alliance Financial Corporation

Alliance Financial Corporation
Nasdaq (SC): ALNC
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 PROFILE
Alliance Financial Corporation, formed by the merger of Cortland First Financial and Oneida Valley Bancshares, is the holding company for Alliance Bank, which operates more than 20 branches in central New York. Targeting individuals and small to midsized businesses, Alliance offers such retail banking products as checking and savings accounts, IRAs, and CDs. Lending activities are focused on residential real estate mortgages (nearly 40% of the loan portfolio), commercial real estate mortgages, SBA loans, installment loans, and consumer loans. The bank also offers investment management, insurance trusts, estate planning, and brokerage services.

 COMPETITION
First Niagara Financial Group, Inc. (FNFG)
M&T Bank Corporation (MTB)
Oneida Financial Corp. (ONFC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 46.70
1-Yr. Sales Growth: 19.4%
Employees: 288
Revenue per employee: $162,152.78

 KEY PEOPLE
• John C. Mott
    CEO
• David P. Kershaw
    CFO

 CONTACT INFO
65 Main St.
Cortland, NY 13045
US
Phone: 607-758-1228
Fax: 607-758-1300

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