UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported)  January 17, 2007
                                                --------------------------------

                             Tompkins Trustco, Inc.
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               (Exact Name of Registrant as specified in Charter)

           New York                       1-12709                16-1482357
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 (State or other jurisdiction           (Commission            (IRS Employer
       of incorporation)                File Number)         Identification No.)


The Commons, PO Box 460, Ithaca, New York                           14851
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       (Address of Principal Executive Offices)                   (Zip Code)


Registrant's telephone number, including area code     (607) 273-3210
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         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17CFR 240.13e-4(c))


                 Section 5 - Corporate Governance and Management

Item 5.02.        Departure of Directors or Principal Officers; Election of
Directors;  Appointment of Principal Officers; Compensatory Arrangements of
Certain Officers

         At its January 17, 2007 meeting, the Executive/Compensation/Personnel
Committee of the Board of Directors of Tompkins Trustco, Inc. ("Tompkins
Trustco") granted Stephen S. Romaine, President & CEO, an option to purchase
15,000 shares of the Company's common stock at the exercise price equal to the
closing sale price reported by AMEX on January 17, 2007 [Incentive Stock Option
(right to buy) 4,368 shares; Non-Qualified Stock Option (right to buy) 10,632
shares]. The options were issued under the Tompkins Trustco, Inc. Stock Option
Plan of 2001, as amended, and become exercisable in six annual installments
commencing January 18, 2009. The Expiration Date of the options is January 18,
2017.





                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                               TOMPKINS TRUSTCO, INC.


Date:  January 19, 2007                        By: /s/ FRANCIS M. FETSKO
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                                                   Francis M. Fetsko
                                                   Executive Vice President and
                                                   Chief Financial Officer