Approval of Application by Five Star Bank, Warsaw, New York

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Press Release

Approval of Application by Five Star Bank, Warsaw, New York

June 6, 2012

The Federal Reserve Bank of New York approved the application by Five Star Bank, Warsaw, New York, to purchase certain assets and assume certain liabilities of four branches of First Niagara Bank N.A., Buffalo, New York.

According to standard procedure, the proposal cannot be completed for 15 days.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.

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