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COMMUNITY BANK SYSTEM DECLARES DIVIDEND

 COMMUNITY BANK SYSTEM DECLARES DIVIDEND
 SYRACUSE, N.Y., May 21 /PRNewswire/ -- Community Bank System, Inc.


(NASDAQ: CBSI) announced that its board of directors has declared a quarterly cash dividend of $.20 per share on its common stock. The dividend will be payable July 10, 1992, to stockholders of record June 15, 1992.
 Community Bank System, Inc. is a $650 million registered bank holding company based in Dewitt, N.Y. Through its wholly-owned national banking subsidiary, Community Bank, N.A., CBSI operates a full service banking network with 32 branches located throughout Northern New York, the Finger Lakes Region, the Southern Tier, and Southwestern New York, as well as a representative office in Ottawa, Canada.
 -0- 5/21/92
 /CONTACT: Edwin J. Lyons, president and CEO of Community Bank System, 315-445-2282/
 (CBSI) CO: Community Bank System, Inc. ST: New York IN: FIN SU: DIV


KD -- NY066 -- 2850 05/21/92 12:44 EDT
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Publication:PR Newswire
Date:May 21, 1992
Words:152
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