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   <title>Form  8-K        COMMUNITY FINANCIAL SYST  For: Jun 01</title>
   <link>http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++COMMUNITY+FINANCIAL+SYST++For%3A+Jun+01/26578916.html</link>
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   <title>Form  8-K        COMMUNITY FINANCIAL SYST  For: Jun 01</title>
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   <title>Community Financial System completes ClearPoint Federal acquisition for $39M</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Community+Financial+System+completes+ClearPoint+Federal+acquisition+for+%2439M/26578742.html</link>
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&lt;p&gt;Community Financial System Inc. (NYSE: CBU) completed its acquisition of ClearPoint Federal Bank &amp; Trust in an all-cash transaction valued at $39 million, subject to potential purchase price adjustments, according to a company statement.&lt;/p&gt;

&lt;p&gt;ClearPoint operates as a trust administrator for the death care industry, managing over $1.5 billion in assets and serving a market the company describes as worth approximately $20 billion. The acquired business reported a three-year revenue compound annual growth rate of 9.7%.&lt;/p&gt;

&lt;p&gt;The acquisition expands Community Financial System's wealth management services through its Nottingham Financial Group division. ClearPoint will operate as ClearPoint Trust, a division of Community Bank,</description>
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   <title>Community Financial System completes ClearPoint Federal acquisition for $39M</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Community+Financial+System+completes+ClearPoint+Federal+acquisition+for+%2439M/26578742.html</link>
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&lt;p&gt;Community Financial System Inc. (NYSE: CBU) completed its acquisition of ClearPoint Federal Bank &amp; Trust in an all-cash transaction valued at $39 million, subject to potential purchase price adjustments, according to a company statement.&lt;/p&gt;

&lt;p&gt;ClearPoint operates as a trust administrator for the death care industry, managing over $1.5 billion in assets and serving a market the company describes as worth approximately $20 billion. The acquired business reported a three-year revenue compound annual growth rate of 9.7%.&lt;/p&gt;

&lt;p&gt;The acquisition expands Community Financial System's wealth management services through its Nottingham Financial Group division. ClearPoint will operate as ClearPoint Trust, a division of Community Bank,</description>
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   <title>Community Financial System completes ClearPoint Federal acquisition for $39M</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Community+Financial+System+completes+ClearPoint+Federal+acquisition+for+%2439M/26578742.html</link>
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&lt;p&gt;Community Financial System Inc. (NYSE: CBU) completed its acquisition of ClearPoint Federal Bank &amp; Trust in an all-cash transaction valued at $39 million, subject to potential purchase price adjustments, according to a company statement.&lt;/p&gt;

&lt;p&gt;ClearPoint operates as a trust administrator for the death care industry, managing over $1.5 billion in assets and serving a market the company describes as worth approximately $20 billion. The acquired business reported a three-year revenue compound annual growth rate of 9.7%.&lt;/p&gt;

&lt;p&gt;The acquisition expands Community Financial System's wealth management services through its Nottingham Financial Group division. ClearPoint will operate as ClearPoint Trust, a division of Community Bank,</description>
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   <title>Community Financial System completes ClearPoint Federal acquisition for $39M</title>
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&lt;p&gt;Community Financial System Inc. (NYSE: CBU) completed its acquisition of ClearPoint Federal Bank &amp; Trust in an all-cash transaction valued at $39 million, subject to potential purchase price adjustments, according to a company statement.&lt;/p&gt;

&lt;p&gt;ClearPoint operates as a trust administrator for the death care industry, managing over $1.5 billion in assets and serving a market the company describes as worth approximately $20 billion. The acquired business reported a three-year revenue compound annual growth rate of 9.7%.&lt;/p&gt;

&lt;p&gt;The acquisition expands Community Financial System's wealth management services through its Nottingham Financial Group division. ClearPoint will operate as ClearPoint Trust, a division of Community Bank,</description>
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   <title>Community Financial System completes ClearPoint Federal acquisition for $39M</title>
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&lt;p&gt;Community Financial System Inc. (NYSE: CBU) completed its acquisition of ClearPoint Federal Bank &amp; Trust in an all-cash transaction valued at $39 million, subject to potential purchase price adjustments, according to a company statement.&lt;/p&gt;

&lt;p&gt;ClearPoint operates as a trust administrator for the death care industry, managing over $1.5 billion in assets and serving a market the company describes as worth approximately $20 billion. The acquired business reported a three-year revenue compound annual growth rate of 9.7%.&lt;/p&gt;

&lt;p&gt;The acquisition expands Community Financial System's wealth management services through its Nottingham Financial Group division. ClearPoint will operate as ClearPoint Trust, a division of Community Bank,</description>
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   <title>Community Financial System completes ClearPoint Federal acquisition for $39M</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Community+Financial+System+completes+ClearPoint+Federal+acquisition+for+%2439M/26578742.html</link>
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&lt;p&gt;Community Financial System Inc. (NYSE: CBU) completed its acquisition of ClearPoint Federal Bank &amp; Trust in an all-cash transaction valued at $39 million, subject to potential purchase price adjustments, according to a company statement.&lt;/p&gt;

&lt;p&gt;ClearPoint operates as a trust administrator for the death care industry, managing over $1.5 billion in assets and serving a market the company describes as worth approximately $20 billion. The acquired business reported a three-year revenue compound annual growth rate of 9.7%.&lt;/p&gt;

&lt;p&gt;The acquisition expands Community Financial System's wealth management services through its Nottingham Financial Group division. ClearPoint will operate as ClearPoint Trust, a division of Community Bank,</description>
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   <title>Community Financial System completes ClearPoint Federal acquisition for $39M</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Community+Financial+System+completes+ClearPoint+Federal+acquisition+for+%2439M/26578742.html</link>
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&lt;p&gt;Community Financial System Inc. (NYSE: CBU) completed its acquisition of ClearPoint Federal Bank &amp; Trust in an all-cash transaction valued at $39 million, subject to potential purchase price adjustments, according to a company statement.&lt;/p&gt;

&lt;p&gt;ClearPoint operates as a trust administrator for the death care industry, managing over $1.5 billion in assets and serving a market the company describes as worth approximately $20 billion. The acquired business reported a three-year revenue compound annual growth rate of 9.7%.&lt;/p&gt;

&lt;p&gt;The acquisition expands Community Financial System's wealth management services through its Nottingham Financial Group division. ClearPoint will operate as ClearPoint Trust, a division of Community Bank,</description>
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   <title>Community Financial System completes ClearPoint Federal acquisition for $39M</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Community+Financial+System+completes+ClearPoint+Federal+acquisition+for+%2439M/26578742.html</link>
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&lt;p&gt;Community Financial System Inc. (NYSE: CBU) completed its acquisition of ClearPoint Federal Bank &amp; Trust in an all-cash transaction valued at $39 million, subject to potential purchase price adjustments, according to a company statement.&lt;/p&gt;

&lt;p&gt;ClearPoint operates as a trust administrator for the death care industry, managing over $1.5 billion in assets and serving a market the company describes as worth approximately $20 billion. The acquired business reported a three-year revenue compound annual growth rate of 9.7%.&lt;/p&gt;

&lt;p&gt;The acquisition expands Community Financial System's wealth management services through its Nottingham Financial Group division. ClearPoint will operate as ClearPoint Trust, a division of Community Bank,</description>
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   <title>Community Financial System, Inc. Completes Acquisition of ClearPoint Federal Bank &amp;amp; Trust</title>
   <link>http://www.streetinsider.com/Press+Releases/Community+Financial+System%2C+Inc.+Completes+Acquisition+of+ClearPoint+Federal+Bank+%26amp%3B+Trust/26578735.html</link>
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion of its acquisition of ClearPoint Federal Bank &amp;amp; Trust (“ClearPoint”). ClearPoint is a national leader in trust administration for the approximately $20 billion death care industry, with over $1.5 billion of assets under management and a historical three-year revenue compound annual growth rate of 9.7%. The transaction significantly expands the revenue and offerings of Nottingham Financial Group (“NFG”), the Company’s wealth management services business, and is consistent with the Company’s strategic focus</description>
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   <title>Community Financial System, Inc. Completes Acquisition of ClearPoint Federal Bank &amp;amp; Trust</title>
   <link>http://www.streetinsider.com/Press+Releases/Community+Financial+System%2C+Inc.+Completes+Acquisition+of+ClearPoint+Federal+Bank+%26amp%3B+Trust/26578735.html</link>
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion of its acquisition of ClearPoint Federal Bank &amp;amp; Trust (“ClearPoint”). ClearPoint is a national leader in trust administration for the approximately $20 billion death care industry, with over $1.5 billion of assets under management and a historical three-year revenue compound annual growth rate of 9.7%. The transaction significantly expands the revenue and offerings of Nottingham Financial Group (“NFG”), the Company’s wealth management services business, and is consistent with the Company’s strategic focus</description>
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   <title>Community Financial System, Inc. Completes Acquisition of ClearPoint Federal Bank &amp;amp; Trust</title>
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion of its acquisition of ClearPoint Federal Bank &amp;amp; Trust (“ClearPoint”). ClearPoint is a national leader in trust administration for the approximately $20 billion death care industry, with over $1.5 billion of assets under management and a historical three-year revenue compound annual growth rate of 9.7%. The transaction significantly expands the revenue and offerings of Nottingham Financial Group (“NFG”), the Company’s wealth management services business, and is consistent with the Company’s strategic focus</description>
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   <title>Community Financial System, Inc. Completes Acquisition of ClearPoint Federal Bank &amp;amp; Trust</title>
   <link>http://www.streetinsider.com/Press+Releases/Community+Financial+System%2C+Inc.+Completes+Acquisition+of+ClearPoint+Federal+Bank+%26amp%3B+Trust/26578735.html</link>
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion of its acquisition of ClearPoint Federal Bank &amp;amp; Trust (“ClearPoint”). ClearPoint is a national leader in trust administration for the approximately $20 billion death care industry, with over $1.5 billion of assets under management and a historical three-year revenue compound annual growth rate of 9.7%. The transaction significantly expands the revenue and offerings of Nottingham Financial Group (“NFG”), the Company’s wealth management services business, and is consistent with the Company’s strategic focus</description>
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion of its acquisition of ClearPoint Federal Bank &amp;amp; Trust (“ClearPoint”). ClearPoint is a national leader in trust administration for the approximately $20 billion death care industry, with over $1.5 billion of assets under management and a historical three-year revenue compound annual growth rate of 9.7%. The transaction significantly expands the revenue and offerings of Nottingham Financial Group (“NFG”), the Company’s wealth management services business, and is consistent with the Company’s strategic focus</description>
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion of its acquisition of ClearPoint Federal Bank &amp;amp; Trust (“ClearPoint”). ClearPoint is a national leader in trust administration for the approximately $20 billion death care industry, with over $1.5 billion of assets under management and a historical three-year revenue compound annual growth rate of 9.7%. The transaction significantly expands the revenue and offerings of Nottingham Financial Group (“NFG”), the Company’s wealth management services business, and is consistent with the Company’s strategic focus</description>
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion of its acquisition of ClearPoint Federal Bank &amp;amp; Trust (“ClearPoint”). ClearPoint is a national leader in trust administration for the approximately $20 billion death care industry, with over $1.5 billion of assets under management and a historical three-year revenue compound annual growth rate of 9.7%. The transaction significantly expands the revenue and offerings of Nottingham Financial Group (“NFG”), the Company’s wealth management services business, and is consistent with the Company’s strategic focus</description>
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
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&lt;p&gt;    SYRACUSE, N.Y.--(BUSINESS WIRE)--
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