UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 9, 2008
| Community Bank Systems, Inc. |
(Exact name of registrant as specified in its charter)
| Delaware | 001-13695 | 16-1213679 |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
| 5790 Widewaters Parkway, DeWitt, New York | 13214 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (315) 445-2282
| (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 8 – Other Events
Item 8.01 Other Events
On July 9, 2008, Community Bank System, Inc., a Delaware corporation, announced that it has acquired through a subsidiary, Benefit Plans Administrative Services, Inc., the assets of the Philadelphia division of Alliance Benefit Group – MidAtlantic, LLC and Manchester Advisors, Ltd., both subsidiaries of BenefitStreet, Inc. The acquired business provides retirement plan consulting, daily valuation administration, actuarial and ancillary support services consistent with its existing business. A copy of the press release issued for this acquisition is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
The following Exhibits are filed as exhibits to this Form 8-K.
Exhibit No. Description
| | 99.1 | Press Release, dated July 9, 2008, issued by Community Bank System, Inc. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | Community Bank System, Inc. |
| | | | By: /s/ Mark E. Tryniski |
| | | | Name: Mark E. Tryniski |
| | | | Title: President and Chief Executive |
Dated: July 9, 2008
EXHIBIT INDEX
Exhibit No. Description
| | 99.1 | Press Release, dated July 9, 2008, issued by Community Bank System, Inc. |
