Alliance Financial Corporation operates as the holding company for Alliance Bank, N.A. that provides retail and commercial banking, and investment management services in New York. Its depository account services include interest and non-interest-bearing checking accounts, money market accounts, savings accounts, time deposit accounts, and individual retirement accounts. The company originates residential and commercial mortgage loans, business lines of credit, working capital facilities, and business term loans, as well as installment loans, home equity loans, and personal lines of credit. It also offers investment management and trust services comprising personal trust, employee benefit trust, investment management, custodial, and financial planning; and financial counseling and brokerage services. In addition, the company provides safe deposit boxes, wire transfers, collection services, drive-up banking facilities, night depositories, automated teller machines, telephone banking, and Internet banking. As of May 29, 2012, it operated 29 offices in Cortland, Madison, Oneida, Onondaga, and Oswego counties, as well as an investment management administration center in Buffalo, New York. The company was founded in 1984 and is headquartered in Syracuse, New York.

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