Chemung Financial (NASDAQ:CHMG) (NASDAQ: CHMG) is a bank holding company headquartered in Elmira, New York, offering a full suite of financial services through its primary subsidiary, Chemung Canal Trust Company. The company provides a range of retail and commercial banking products, including checking and savings accounts, consumer and commercial lending, mortgage financing, and cash management solutions. Chemung Financial also delivers trust and wealth management services, pension administration, and specialized treasury operations tailored to individual, business, and institutional clients.
On the retail side, Chemung Financial serves depositors with traditional checking and savings vehicles, certificates of deposit, and IRAs alongside digital and mobile banking platforms. Commercial clients benefit from working capital lines of credit, equipment financing, commercial real estate loans, and industry-specific lending programs. The company’s mortgage division originates and services home loans, emphasizing personalized service and competitive structuring for first-time buyers, refinancers, and investors.
Geographically, Chemung Financial maintains a network of full-service branches across New York’s Southern Tier and northern Pennsylvania, with additional lending centers in key regional markets. Its community focus extends to supporting local development projects, small businesses, and agricultural enterprises, reflecting a commitment to economic growth in its service area. Online and mobile platforms augment the branch network, enabling customers to access banking, investing, and account administration tools around the clock.
Founded in 1857 as Chemung Canal Trust Company, the firm has evolved through more than a century and a half of regional banking, adapting to changing market conditions while preserving its community-oriented ethos. The leadership team combines deep local roots with extensive banking expertise, guiding the company’s strategic expansion and service enhancements. Under the direction of its board and senior management, Chemung Financial continues to balance technological innovation with personalized customer relationships.
