SOLVAY BANK CORP. INCREASES CASH DIVIDEND
Monday, November 20, 2000

November 15, 2000: The Board of Directors of Solvay Bank Corp. has declared a dividend of $.14 per share on September 19, 2000 to shareholders of record on October 2, 2000. The dividends declared in 2000 of $.42 per share reflect a 12% increase over the dividends paid in the first three quarters of 1999, as adjusted for the four -to -one stock split in the form of a 300% stock dividend issued May 19, 2000. Net income per share was a record $2.29 per share compared to $2.18 per share in 1999, up 5.0%. Total assets were also a record at $340.4 million, up 8.5% over 1999. Total loans were an all -time high of $252.6 million, or 9.3% over 1999. Total deposits grew 8.8% to $312.7 million from $287.3 million in the prior year.

Solvay Bank, a locally owned and operated financial institution, specializes in small business lending, traditional consumer products, and trust and investment services. For the sixth consecutive year, the Small Business Administration's Office of Advocacy has named Solvay Bank one of the top small business lenders in New York State. The Company is the only independent commercial bank headquartered in Onondaga County. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay and five branches conveniently located in Fairmount, Camillus, North Syracuse, downtown Syracuse, and Westvale.

SOLVAY BANK SPONSORS 8TH ANNUAL COMMUNITY CHRISTMAS PARTY
Wednesday, November 08, 2000

November 8, 2000: Solvay Bank will sponsor its eighth annual Community Christmas Party on Sunday, December 10th from 2 to 4 pm at the Solvay -Geddes Community Youth Center.  "This is truly one of our favorite events of the year," said Alvin D. Falso, President & CEO of Solvay Bank. "It is a community -wide celebration that gives us the opportunity to thank our customers for banking with a local bank that is genuinely interested in their personal and business interests. The party is always fun, and generates tremendous community spirit!"

This free event is open to the public and will feature music provided by the Mario DeSantis Orchestra along with entertainment, refreshments, and a visit by Santa and Mrs. Claus. Donations of canned food items will be accepted to help replenish the shelves of neighborhood food pantries.

Solvay Bank, a locally owned and operated financial institution, specializes in small business lending, traditional consumer products, and trust and investment services. For the sixth consecutive year, the Small Business Administration's Office of Advocacy has named Solvay Bank one of the top small business lenders in New York State. The Company is the only independent commercial bank headquartered in Onondaga County. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay, and five branches conveniently located in Fairmount, Camillus, North Syracuse, downtown Syracuse, and Westvale.


SOLVAY BANK AWARDS SCHOLARSHIPS TO LOCAL GRADUATES
Friday, September 29, 2000

Each year Solvay Bank awards two scholarships to outstanding Solvay High School graduates who intend to pursue a post - secondary program of studies in business administration, management, accounting, marketing, banking and/or finance.  The recipients for the year 2000 are Christopher A. Lasinski and Kathryn M. Altenburg. Kathryn is attending Marist College in Poughkeepsie, New York where she will also pursue a Bachelor's Degree in Business Administration. Solvay Bank, a locally owned and operated financial institution, specializes in small business lending, traditional consumer products, and trust and investment services. For the sixth consecutive year, the Small Business Administration's Office of Advocacy has named Solvay Bank one of the top small business lenders in New York State. The Company is the only independent commercial bank headquartered in Onondaga County. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay, and five branches conveniently located in Fairmount, Camillus, North Syracuse, downtown Syracuse, and Westvale.


SOLVAY BANK ELECTS JIM BOEHEIM TO BOARD OF DIRECTORS
Thursday, May 25, 2000

Solvay Bank recently elected Syracuse University Varsity Basketball Head Coach Jim Boeheim to its Board of Directors.  "We feel strongly about the importance of a local Board of Directors, and are fortunate to have Jim Boeheim, an individual with such outstanding experience and expertise in the Syracuse Community, join our Board," said Alvin D. Falso, President of Solvay Bank.  Boeheim enthusiastically agreed to the bank's request that he consider a position on the Board of the entirely locally owned and operated Solvay Bank. The Bank officially elected Boeheim to the 12 -member, locally represented Board of Directors on May 16th.

Falso said Boeheim will be an asset to the board, contributing strong business skills, financial acumen, and an in -depth knowledge of the local community and people. Boeheim has been involved in Syracuse Basketball since 1962, first as a player, then as an assistant coach, and now as head coach. He has led the team to more than 1,400 victories, has broken numerous records, and received many coaching awards and honors, including an induction into the Greater Syracuse Sports Hall of Fame in 1991.

Boeheim's local community involvement and charitable work is substantial. He has been honorary chairman of the Kidney Foundation, and has worked with organizations for Multiple Sclerosis, Cystic Fibrosis, Children's Miracle Network, Easter Seals, Special Olympics, Rescue Mission, and many more. He has been a guiding force behind the local campaign for "Coaches vs. Cancer" that for two years has raised the most money for cancer research of all participating teams in the nation. Jim is married and lives in DeWitt with his wife, Juli Greene, and their son, James Arthur Boeheim, III and recently born twins, Jack and Jamie. Jim also has a daughter, Elizabeth.

Solvay Bank, a locally owned and operated financial institution, specializes in small business lending, traditional consumer products, and trust and investment services. For the sixth consecutive year, the Small Business Administration's Office of Advocacy recently announced that Solvay Bank is one of the top small business lenders in New York State. The Company is the only independent commercial bank headquartered in Onondaga County. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay, and five branches conveniently located in Fairmount, Camillus, North Syracuse, downtown Syracuse, and Westvale.


SOLVAY BANK OPENS NEW BRANCH IN NORTH SYRACUSE
Tuesday, March 07, 2000

March 2000: SOLVAY BANK announces the opening of a 6th branch at the corner of Route 11 and Taft Road in the new Peter's Shopping Plaza in North Syracuse to accommodate its growing customer base. The new branch is scheduled to open to the public on March 13, 2000.

Solvay Bank will be extending a special Certificate of Deposit promotion to new customers for the month of March at the North Syracuse Branch. For its commercial customers, the new branch is offering low loan rates, low bank fees, and a broad range of business -oriented services that are customary to Solvay Bank's community - minded approach to banking. Pat Carbone, a resident of North Syracuse, has been appointed to branch manager of the new office. He brings with him many years of banking experience in knowledge of the North Syracuse area.

In addition to its new office, Solvay Bank recently completed a 5,000 square foot expansion of its Main Office, located at 1537 Milton Avenue. During the year, the Bank plans to introduce a cash management system for its business customers and will be expanding the functionality of its web site (www.solvaybank.com) as Internet solutions become more viable for its customer base. Solvay Bank is also reviewing the possibilities of offering limited insurance products to its customers.

Solvay Bank Corp. and its wholly owned subsidiary, Solvay Bank, announced record profits for 1999 of $3.2 million, up 19.8% over the previous year. Net income per share grew 21.0% to $11.63 per share compared to the prior year. The company also declared a record dividend of $2.25 per share for 1999, representing a 21.6% increase. Alvin D. Falso, President and CEO attributed the solidperformance to strong loan growth, control of operating costs and a reduction in the provision for possible loan losses.


1999 IS SOLVAY BANK'S MOST SUCCESSFUL YEAR IN 83 -YEAR HISTORY
Wednesday, January 19, 2000

Solvay Bank Corp., the holding company for Solvay Bank, closed out the millennium with its most successful year in its 83 year history with record highs for earning assets, loans and deposits for the fifth consecutive year. Earnings increased nearly 20% and assets grew 10%. Loans grew 16% and deposits were up 9%.

At year - end, Solvay Bank Corp. experienced no Y2K - related problems and entered the new year more confident than ever before that 2000 will be yet another successful year for the company. In March, Solvay Bank's sixth banking office will be opening in North Syracuse, and the 5,000 square foot addition to its main office will be completed around the same time. During the year, the Bank plans to introduce a cash management system for its business customers and will be expanding the functionality of its web site (www.solvaybank.com) as E -Commerce solutions become more viable for its customer base. Finally Solvay Bank is reviewing the possibilities of offering limited insurance products to its customers.

Solvay Bank is the only independent, commercial bank headquartered in Onondaga County and is committed to providing its customers with the very best in financial products and customer service.