<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
CONSOLIDATED  FINANCIAL  STATEMENTS OF CNY FINANCIAL  CORPORATION AND SUBSIDIARY
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                               1,000
<CURRENCY>                                                  USD
       
<S>                                                  <C>              <C>
<PERIOD-TYPE>                                               YEAR            YEAR
<FISCAL-YEAR-END>                                    DEC-31-1998     DEC-31-1997
<PERIOD-START>                                       JAN-01-1998     JAN-01-1997
<PERIOD-END>                                         DEC-31-1998     DEC-31-1997
<EXCHANGE-RATE>                                                1               1
<CASH>                                                     4,432           4,093
<INT-BEARING-DEPOSITS>                                     6,104             586
<FED-FUNDS-SOLD>                                           4,000           3,400
<TRADING-ASSETS>                                               0               0
<INVESTMENTS-HELD-FOR-SALE>                               88,437          44,140
<INVESTMENTS-CARRYING>                                    10,318          12,550
<INVESTMENTS-MARKET>                                      10,404          12,569
<LOANS>                                                  161,701         157,565
<ALLOWANCE>                                                2,494           2,143
<TOTAL-ASSETS>                                           281,186         233,729
<DEPOSITS>                                               196,014         199,770
<SHORT-TERM>                                                   0               0
<LIABILITIES-OTHER>                                        5,102           3,219
<LONG-TERM>                                                1,000               0
<PREFERRED-MANDATORY>                                          0               0
<PREFERRED>                                                    0               0
<COMMON>                                                      54               0
<OTHER-SE>                                                79,016          30,740
<TOTAL-LIABILITIES-AND-EQUITY>                           281,186         233,729
<INTEREST-LOAN>                                           13,420          13,582
<INTEREST-INVEST>                                          4,583           4,085
<INTEREST-OTHER>                                               0               0
<INTEREST-TOTAL>                                          18,003          17,667
<INTEREST-DEPOSIT>                                         7,961           8,328
<INTEREST-EXPENSE>                                         7,986           8,328
<INTEREST-INCOME-NET>                                     10,017           9,339
<LOAN-LOSSES>                                                325           3,300
<SECURITIES-GAINS>                                             6              46
<EXPENSE-OTHER>                                            8,326           6,872
<INCOME-PRETAX>                                            2,949              56
<INCOME-PRE-EXTRAORDINARY>                                 1,679              72
<EXTRAORDINARY>                                                0               0
<CHANGES>                                                      0               0
<NET-INCOME>                                               1,679              72
<EPS-PRIMARY>                                                  0               0
<EPS-DILUTED>                                                  0               0
<YIELD-ACTUAL>                                              4.28            4.17
<LOANS-NON>                                                  920           3,785
<LOANS-PAST>                                                  15               9
<LOANS-TROUBLED>                                               0               0
<LOANS-PROBLEM>                                                0               0
<ALLOWANCE-OPEN>                                           2,143           1,952
<CHARGE-OFFS>                                                180           3,279
<RECOVERIES>                                                 206             170
<ALLOWANCE-CLOSE>                                          2,494           2,143
<ALLOWANCE-DOMESTIC>                                       2,494           2,143
<ALLOWANCE-FOREIGN>                                            0               0
<ALLOWANCE-UNALLOCATED>                                        0               0
        

</TABLE>