Exhibit 99.1

[TOMPKINS FINANCIAL LOGO]

                                                   For more information contact:
                                             Stephen S. Romaine, President & CEO
                                                       or Francis M. Fetsko, CFO
                                     Tompkins Financial Corporation 607.273.3210
                                ------------------------------------------------
                                             Gerald J. Klein, Jr. (845) 278-1050
                                          President & CEO, Mahopac National Bank
                                ------------------------------------------------
                                    John J. Hughes, Jr. (914) 631-5200, ext. 230
                                        Chairman, President & CEO, Sleepy Hollow

For Immediate Release
Tuesday, November 13, 2007

                    TOMPKINS FINANCIAL CORPORATION TO ACQUIRE
                           SLEEPY HOLLOW BANCORP, INC.
       Merger Increases Tompkins Financial Presence in Westchester County

Ithaca and Sleepy Hollow, NY - Tompkins Financial Corporation (TMP-American
Stock Exchange) and Sleepy Hollow Bancorp, Inc., announced today that they have
entered into a definitive agreement under which Tompkins Financial will acquire
Sleepy Hollow in a cash transaction valued at $30.2 million, subject to various
regulatory approvals.

Tompkins Financial is a $2.3 billion financial services company headquartered in
Ithaca, NY, and the parent of Tompkins Trust Company, The Bank of Castile,
Mahopac National Bank, Tompkins Insurance Agencies, Inc., and AM&M Financial
Services, Inc. Each Tompkins Financial subsidiary operates with a community
focus, meeting the unique needs of the customers and communities it serves.
Through its Mahopac National Bank subsidiary, Tompkins Financial currently
operates nine offices in the Hudson Valley region, including one branch in
Westchester County, NY.

Headquartered in Sleepy Hollow, NY, Sleepy Hollow Bancorp, has assets of
approximately $245 million and is the parent company of Sleepy Hollow Bank,
which operates five full-service offices and one limited-service facility, all
in Westchester County, NY. Sleepy Hollow Bank has approximately $160 million in
loans and $225 million in deposits.

Tompkins Financial President and CEO, Stephen S. Romaine said, "The merger with
Sleepy Hollow Bancorp offers Tompkins Financial an excellent opportunity to
expand our presence in Westchester, one of the nation's most attractive markets,
with established locations and experienced staff. Both organizations share the
core values of true community banking - service excellence, local decisions, and
commitment to the customers and local communities we serve."



John J. Hughes, Jr., Chairman, President, and CEO of Sleepy Hollow Bancorp
added, "The affiliation with Tompkins Financial is an excellent fit with the
community banking culture of Sleepy Hollow Bank and will bring added
capabilities to our customers, including expanded lending resources, enhanced
technology, and a broader array of high-quality financial services and
products."

Upon completion of the transaction, Sleepy Hollow Bank and Mahopac National Bank
will be combined, resulting in a $750 million community bank, with fourteen
branches and one limited-service office serving Westchester, Putnam and Dutchess
Counties. William D. Spain, Jr., Chairman of Mahopac National Bank said, "We are
enthusiastic about bringing together these two leading community banks, backed
by the strength of Tompkins Financial to provide full financial services
capabilities." Gerald J. Klein, Jr., President and CEO of Mahopac National Bank,
will become President and CEO of the combined bank. Klein said, "I look forward
to working with John Hughes as we bring together these two leading community
banks to form an even stronger one. I've known John for many years, and am
pleased that he will continue working with us in a key business development
role."

Mr. Romaine added, "We are excited by this opportunity that will allow us to
leverage our resources to create even more value for our customers, shareholders
and communities, and we expect this transaction to be accretive to earnings in
2008." The transaction has been approved by the Board of Directors of each
company, and is subject to certain conditions, including various regulatory
approvals and approval by Sleepy Hollow Bancorp common stockholders. The
transaction is expected to close in the first quarter of 2008.

Sleepy Hollow Bancorp was represented in the transaction by Sandler & O'Neill
Partners, L.P., who served as financial advisors and by Thacher Proffitt & Wood,
LLP who served as legal advisors. Tompkins Financial was represented by Harris
Beach, PLLC, who served as legal advisors.

"Safe Harbor" Statement under the Private Securities Litigation Reform of 1995:

This press release may include forward-looking statements with respect to
revenue sources, growth, market risk, and corporate objectives. The Company
assumes no duty, and specifically disclaims any obligation, to update
forward-looking statements, and cautions that these statements are subject to
numerous assumptions, risk, and uncertainties, all of which could change over
time. Actual results could differ materially from forward-looking statements.