SOLVAY BANK CORP. DECLARES FOURTH QUARTER CASH DIVIDEND
Friday, December 22, 2006

The Board of Directors of Solvay Bank Corp., the holding company for Solvay Bank, declared a fourth quarter dividend of $.22 per share on December 19, 2006. The dividend is payable on January 23, 2007 to shareholders of record on January 2, 2007. The dividends declared in 2006 of $.82 per share reflect a 7.9% increase over dividends declared in 2005.

RESCUE MISSION DONATIONS ACCEPTED AT SOLVAY BANK LOCATIONS
Tuesday, November 28, 2006

Mission barrels have been delivered to the following Solvay Bank locations: Main Office at 1537 Milton Ave., Camillus, Fairmount, Liverpool, North Syracuse, downtown in the State Tower Office and Westvale. The public is invited to drop donations of new clothing items - hats, gloves, scarves, and coats - to any of the Solvay Bank branches by December 18th.

Solvay Bank, along with our Central New York community, will be providing gifts of warm clothing to almost 500 individuals in various Rescue Mission programs. According to Chasz Parker, Executive Director of the Rescue Mission, "This winter clothing is essential for the people we serve and will be given out not only to those who stay in our emergency shelter or residences, but will also be taken by our homeless van to those individuals who are not yet willing to leave the streets to come into our shelter." Parker, appreciative of the efforts of over 500 businesses supporting the Rescue Mission in 2006, would like to thank Solvay Bank for being one of the few organizations faithful and involved with the Rescue Mission on an annual basis for twenty years.

SOLVAY BANK CORP. ANNOUNCES RECORD PROFITS AND GROWTH
Wednesday, July 26, 2006

Solvay Bank Corp., the holding company for Solvay Bank, completed a very successful second quarter. Net income through the first half of 2006 was a record $2.4 million, increasing 2.3% over the same period in the prior year. Earnings for the second quarter were $1.2 million, up 2.5% over the second quarter earnings of 2005. Total assets were a record $470.0 million at June 30, 2006 for an increase of $25.9 million or 5.8%. "The increase in assets was the result of the growth in our customer base as well as the growth in deposits, which is very positive in this difficult interest rate environment," stated Paul P. Mello, President and Chief Executive Officer. Total deposits increased $23.3 million, or 5.8%, to $423.9 million. Total loans increased to an all-time high of $332.4 million, up $8.5 million or 2.6% from the prior year. "The steady loan growth," stated Mr. Mello, "can be attributed to increased commercial lending opportunities as well as growth within our retail mortgage and indirect consumer lending departments."

During the second quarter of 2006, Solvay Bank introduced Health Savings Accounts (HSAs) which enable consumers to save for qualified medical and retiree health expenses on a tax-advantaged basis. In order to qualify for an HSA, the consumer must be covered under a high deductible health plan. In our Trust and Investment Management Department, product offerings were expanded with the introduction of a multi-manager platform. This provides customers more investment options and combines the nation's top money managers into a single account while still providing a personal investment approach.

Solvay Bank is the oldest independent commercial bank headquartered and operating in Onondaga County and is committed to providing its customers with the very best in financial products and customer service. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay and six branches conveniently located in Camillus, Fairmount, Liverpool, North Syracuse, downtown Syracuse, and Westvale. Solvay Bank also owns a full service general insurance agency, Solvay Bank Insurance Agency, Inc. The Bank's Web site can be reached at www.solvaybank.com.

SOLVAY BANK CORP. DECLARES RECORD SECOND QUARTER CASH DIVIDEND
Wednesday, June 21, 2006

The Board of Directors of Solvay Bank Corp., the holding company for Solvay Bank, declared on June 20, 2006 a second quarter dividend of $.20 per share. The dividend is payable on July 21, 2006 to shareholders of record on July 3, 2006. The dividend represents an 11.1% increase ofer 2005's second quarter dividend of $.18 per share.

Solvay Bank is the oldest independent commercial bank headquartered and operating in Onondaga County and is committed to providing its customers with the very best in financial products and customer service. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay and six branches conveniently located in Camillus, Fairmount, Liverpool, North Syracuse, downtown Syracuse and Westvale. Solvay Bank also owns a full service general insuracne agency, Solvay Bank Insurance Agency, Inc. The Bank's Web site can be reached at www.wolvaybank.com

SOLVAY BANK CORP. ANNOUNCES RECORD EARNINGS
Friday, April 28, 2006

Solvay Bank Corp., the holding company for Solvay Bank, achieved record earnings for the first quarter of 2006. Net income was $1.2 million, up 2.1% over the first quarter of 2005. Total assets also grew to a record $464.6 million at March 31, 2006, up 8.6% over the prior year. Deposits were up $34.2 million, or 8.9%, compared to March 2005, and total loans reached an all time high of $327.0 million, up 4.2%. "We are very pleased with our financial results," stated Paul P. Mello, CPA, President and Chief Executive Officer, "given the current market conditions and a continued flat yield curve which puts pressure on our net interest margin."

Solvay Bank is the oldest independent commercial bank headquartered and operating in Onondaga County and is committed to providing its customers with the very best financial products and customer service. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay and six branches conveniently located in Camillus, Fairmount, Liverpool, North Syracuse, downtown Syracuse, and Westvale. Solvay Bank also owns a full service general insurance agency, Solvay Bank Insurance Agency, Inc. (SBIA). The Bank's Web site can be reached at www.solvaybank.com.

SOLVAY BANK CORP. DECLARES RECORD FIRST QUARTER DIVIDEND
Friday, March 24, 2006

The Board of Directors of Solvay Bank Corp. declared, on March 21, 2006, a record first quarter dividend of $.20 per share. The dividend is payable on April 21, 2006 to shareholders of record on March 27, 2006. The dividend represents an 11.1% increase over 2005's first quarter dividend of $.18 per share.

Solvay Bank is the oldest independent commercial bank headquartered and operating in Onondaga County and is committed to providing its customers with the very best in financial products and customer service. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay and six branches conveniently located in Fairmount, Camillus, Liverpool, North Syracuse, downtown Syracuse and Westvale. Solvay Bank also owns a full service general insurance agency, Solvay Bank Insurance Agency, Inc. (SBIA). The Bank's Web site can be reached at www.solvaybank.com

SOLVAY BANK CORP. ACHIEVES RECORD RESULTS IN 2005
Friday, January 27, 2006

Solvay Bank Corp., the holding company for Solvay Bank, achieved all-time highs in 2005, for net income, assets, loans, and deposits. For the eighth year in a row, net income reached a record, increasing to $5.0 million, up $1.8% over the prior year. Cash dividends declared on common stock were a record payout of $.76 per share, increasing 8.6% over 2004. Total assets, at the end of 2005, were a record $452.9 million, growing $14.8 million or 3.4%, and total loans grew $15.1 million or 4.8% to reach an all-time high of $327.5 million. Total deposits were a record $407.6 million, increasing $11.5 million or 2.9% as compared to the prior year. "The Corporation performed extremely well," stated Paul P. Mello, CPA, President and Chief Executive Officer, "despite the costs associated with the opening of our seventh branch location in Liverpool, an unfavorable interest rate environment for banks, in general, and intense competition for deposits in our local marketplace."

Founded in 1917, Solvay Bank is the oldest independent commercial bank headquartered and operating in Onondaga County and is committed to providing its customers with the very best in financial products and customer service. Solvay Bank has a main office located at 1537 Milton Avenue in Solvay and six branches conveniently located in Fairmount, Camillus, Liverpool, North Syracuse, downtown Syracuse, and Westvale. Solvay Bank also owns a full service general insurance agency, Solvay Bank Insurance Agency, Inc. The Solvay Bank Web site can be reached at www.solvaybank.com.