SYRACUSE, N.Y., Oct. 7 /PRNewswire-FirstCall/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance during its third quarter and nine months ended September 30, 2008.

    What:         Community Bank System's Third Quarter 2008 Earnings
                  Conference Call
    When:         Monday, October 20, 2008 at 11:00 a.m. Eastern Time
    Where:        http://www.videonewswire.com/event.asp?id=52078
    How:          Live over the Internet -- at the address above, or by
                  dialing the number below
    Dial-In:      1-866-812-6491

The call is expected to last approximately 30 minutes, with a presentation followed by questions and discussion. President & Chief Executive Officer Mark E. Tryniski, along with Executive Vice President & Chief Financial Officer Scott A. Kingsley, will discuss the results and respond to investor questions. The company's third quarter earnings will be released prior to the market open on October 20, 2008, and will also be available in the 'Investor Relations' section of the company's website, www.communitybankna.com.

If you are unable to participate at the scheduled time, you may access an audio recording beginning one hour after its completion by dialing 1-888-284-7564, and entering the passcode: 239117. The audio recording will be available through December 31, 2008.

The call will also be archived on the company's website for one year, and can be accessed at any time and at no cost during this period.

Community Bank System, Inc., is based in DeWitt, N.Y., with $4.7 billion in assets and 140 customer facilities across Upstate New York, where it operates as Community Bank, N.A., and Northeastern Pennsylvania, where it is known as First Liberty Bank & Trust. Its other subsidiaries include: BPAS, an employee benefits administration and consulting firm with offices in Upstate New York, Pennsylvania, and Houston; the CBNA Insurance Agency, with offices in three northern New York communities; Community Investment Services, Inc., a broker-dealer delivering financial products throughout the company's branch network; and Nottingham Advisors, a wealth management and advisory firm with offices in Buffalo, N.Y., and North Palm Beach, Fla. For more information, please visit our websites at: www.communitybankna.com or www.communitybankna.com.

    For further information contact:
    Scott Kingsley
    E.V.P. & Chief Financial Officer
    (315) 445-3121

SOURCE Community Bank System, Inc.