On April 10, 2009, Tompkins Financial Corporation (the "Company"), completed an offering of $15 million aggregate liquidation amount of 7.00% cumulative trust preferred securities (the "Trust Preferred Securities"), through a newly-formed subsidiary, Tompkins Capital Trust I, a wholly-owned Delaware statutory trust ("Tompkins Capital Trust I"). The Trust Preferred Securities were offered and sold in reliance upon the exemption from registration provided by Rule 506 of Regulation D of the Securities Act of 1933, as amended (the "Securities Act"). The net proceeds of the offering will be used to support business growth and for general corporate purposes.

The Trust Preferred Securities and the Company's debentures have a 30 year maturity, and carry a fixed rate of interest of 7%. The Trust Preferred Securities have a liquidation amount of $1,000 per security. The Company has retained the right to redeem the Trust Preferred Securities at par (plus accrued but unpaid interest) at a date which is no earlier than 5 years from the date of issuance. Commencing in 2019, during specified annual windows, Holders may convert the Preferred Securities into shares of the Company's common stock at a conversion price equal to the greater of (i) $41.35, or (ii) the average closing price of Tompkins Financial Corporation's common stock during the first three months of the year in which the conversion will be completed.

The Company has guaranteed the distributions with respect to, and amounts payable upon liquidation or redemption of, the Trust Preferred Securities on a subordinated basis as and to the extent set forth in the Preferred Securities Guarantee Agreement entered into on April 10, 2009, between the Company and Wilmington Trust Company, as Preferred Guarantee Trustee (the "Guarantee"). The Trust Preferred Securities are not being registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

As previously announced in the Company's Current Report on Form 8-K dated February 4, 2009, the planned offering amount of the Trust Preferred Securities was to be between $15 million and $30 million. The Company reserves the right issue additional securities under this offering at a later date. This notice does not and will not constitute an offer to sell, or the solicitation of an offer to buy, the securities described in this Item 1.01. This notice is being filed pursuant to and in accordance with Rule 135c under the Securities Act of 1933.

This discussion contains forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding expectations, beliefs, intentions or strategies regarding the future. All forward-looking statements included in this document are based on the information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statement.

For additional information concerning the Trust Preferred Securities, the debentures and the Guarantee, please refer to the Indenture, the form of Subordinated Debenture, the Amended and Restated Trust Agreement, the form of Convertible Preferred Security Certificate, the Preferred Securities Guarantee Agreement and the Agreement as to Expenses and Liabilities, filed as Exhibits 4.1, 4.2, 4.3, 4.4, 4.5 and 4.6 respectively, to this Report and incorporated herein by reference.

The disclosure contained under Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 2.03 by reference.

On April 15, 2009, the Company issued a press release announcing the issuance by Tompkins Capital Trust I of $15 million aggregate liquidation amount of the Trust Preferred Securities. A copy of the press release regarding this issuance is attached as Exhibit 99.1 hereto and incorporated herein by reference.

(d) Exhibits.

4.1      -      Indenture, dated as of April 10, 2009

4.2      -      Form of Subordinated Debenture (included as Exhibit A to Exhibit
                4.1)

4.3      -      Amended and Restated Trust Agreement, dated as of April 10, 2009

4.4      -      Form of Convertible Preferred Security Certificate of Tompkins
                Capital Trust I (included as Exhibit D to Exhibit 4.3)

4.5      -      Preferred Securities Guarantee Agreement, dated as of April 10,
                2009

4.6      -      Agreement as to Expenses and Liabilities, dated as of April 10,
                2009

99.1     -      Press Release dated April 15, 2009, announcing the completion of an
                offering of 7.00% Cumulative Trust Preferred Securities of Tompkins
                Capital Trust I