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): November 27, 2012

ALLIANCE FINANCIAL CORPORATION

(Exact name of Registrant as specified in its charter)


New York	000-15366	16-1276885
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

120 Madison Street, Syracuse, New York		13202
(Address of principal executive offices)		(Zip Code)

(315) 475-2100

(Registrant’s telephone number, including area code)

(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 (17CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.

Other Events

On November 27, 2012, Alliance Financial Corporation announced that its Board of Directors declared a quarterly dividend of $0.32 per common share. The dividend is payable on December 19, 2012, to shareholders of record on December 11, 2012.

Item 9.01.

Financial Statements and Exhibits

(d) Exhibits


Exhibit No.		Description

99.1		Press Release, dated November 27, 2012.

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.


	ALLIANCE FINANCIAL CORPORATION

Date: November 27, 2012

	By:	/s/ J. Daniel Mohr
		J. Daniel Mohr Executive Vice President and CFO

INDEX TO EXHIBITS


Exhibit No.		Description

99.1		Press Release, dated November 27, 2012.

ALLIANCE FINANCIAL CORP /NY/ 8-K