EXHIBIT (a)(3)
<PAGE>
NOTICE OF GUARANTEED DELIVERY
for
Tender of Shares of
Common Stock of
COHOES BANCORP, INC.
As set forth in Section 4 of the Offer to Purchase dated August 9, 2000
(the "Offer to Purchase"), this Notice of Guaranteed Delivery or one
substantially equivalent hereto must be used to accept the Offer (as defined
below) if certificates representing shares of common stock, par value $.01 per
share (the "Shares"), of Cohoes Bancorp, Inc., a Delaware corporation ("Cohoes")
are not immediately available or time will not permit all required documents to
reach D.F. King & Co., Inc. (the "Depositary") on or prior to the Expiration
Date (as defined in the Offer to Purchase), or the procedures for delivery by
book-entry transfer cannot be completed on a timely basis. This Notice of
Guaranteed Delivery may be delivered by hand or sent by telegram, facsimile
transmission or mail to the Depositary.
The Depositary for the Offer is:
D.F. King & Co., Inc.
Telephone Number:
(781) 799-4433
By Mail: By Facsimile: By Hand or Overnight Delivery
-------- ------------- -----------------------------
D.F. King & Co., Inc. D.F. King & Co., Inc. D.F. King & Co., Inc.
P.O. Box 859208 (781) 356-4987 165 Bay State Drive
Braintree, MA 02185-9208 Braintree, MA 02184
Confirm Facsimile by Telephone: (781) 799-4433
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN
AS SET FORTH ABOVE OR TRANSMISSION OF INSTRUCTIONS VIA A FACSIMILE TRANSMISSION
TO A NUMBER OTHER THAN AS SET FORTH ABOVE DOES NOT CONSTITUTE A VALID DELIVERY.
This Notice of Guaranteed Delivery is not to be used to guarantee
signatures. If a signature on a Letter of Transmittal is required to be
guaranteed by an "Eligible Institution" under the instructions thereto (see
Instructions 1 and 5 of the Letter of Transmittal), such signature guarantee
must appear on the applicable space provided in the signature box on the Letter
of Transmittal.
LADIES AND GENTLEMEN:
The undersigned hereby tenders to Ambanc Holding Co., Inc., a Delaware
corporation, upon the terms and subject to the conditions set forth in the Offer
to Purchase dated August 9, 2000 (the "Offer to Purchase") and in the related
Letter of Transmittal (which together constitute the "Offer"), receipt of each
of which is hereby acknowledged, the number of Shares indicated below pursuant
to the guaranteed delivery procedures set forth in Section 4 of the Offer to
Purchase.
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Number of Shares: ______________________________________________________________
Certificates No(s). (if available): EXPIRATION__________________________________
If Share(s) will be tendered by book-entry transfer, check ONE box.
Name of Tendering Institution:_________________________________________
Account Number:________________________________________________________
Transaction Code Number:_______________________________________________
Account Number: ________________________________________________________________
Date: __________________________________________________________________________
Name(s) of Record Holder(s):____________________________________________________
________________________________________________________________________________
Address(es):____________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
Area Code and Telephone Number(s):______________________________________________
________________________________________________________________________________
Signature(s): _________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
THE GUARANTEE BELOW MUST BE COMPLETED
GUARANTEE
(Not to be Used for Signature Guarantee)
The undersigned, a firm that is a bank, broker, dealer, credit union,
savings association or other entity which is a member in good standing of the
Securities Transfer Agent's Medallion Program hereby (a) represents that the
tender of shares effected hereby complies with Rule 14e-4 under the Securities
Exchange Act of 1934, as amended, and (b) guarantees the delivery to the
Depositary at one of its addresses set forth above, the certificates
representing all tendered Shares, in proper form for transfer, or confirmation
of a book-entry transfer of such Shares, together with a properly completed and
duly executed Letter of Transmittal (or facsimile thereof), with any required
signature guarantees, or an Agent's Message (as defined in the Offer to
Purchase) in the case of a book-entry delivery and any other documents required
by the Letter of Transmittal, all within three NASDAQ trading days after the
date of execution of this Notice of Guaranteed Delivery.
Name of Firm ___________________________________________________________________
Address ________________________________________________________________________
Area Code and Tele. Number:_____________________________________________________
________________________________________________________________________________
(AUTHORIZED SIGNATURE)
Title:__________________________________________________________________________
Name: __________________________________________________________________________
(PLEASE TYPE OR PRINT)
Date:___________________________________________________________________________
NOTE: DO NOT SEND CERTIFICATES FOR SHARES WITH THIS NOTICE OF GUARANTEED
DELIVERY. CERTIFICATES FOR SHARES SHOULD BE SENT WITH YOUR LETTER OF
TRANSMITTAL.
