CHEMUNG FINANCIAL CORP overview

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ALBANY, N.Y., Feb. 02, 2017 (GLOBE NEWSWIRE) -- (Nasdaq:CHMG) -- Capital Bank, a division of Chemung Canal Trust Company, has announced it is planning to open a new, full-service, branch at Mohawk Harbor, Schenectady’s $480 million waterfront development. Anders M. Tomson, President of the Capital Bank division of Chemung Canal Trust Company said, “we are very excited to be working with the Galesi Group to establish a bank location at Mohawk Harbor, the Capital Region’s new waterfront...

ELMIRA, N.Y., Jan. 26, 2017 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq:CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $10.0 million, or $2.11 per share, for the full year of 2016 compared to $9.4 million, or $2.00 per share, for the full year of 2015. Net income for the fourth quarter of 2016 of $3.0 million, or $0.62 per share, compared to $2.1 million, or $0.45 per share, for the fourth quarter of...

ELMIRA, N.Y., Dec. 22, 2016 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq:CHMG) today announced that its Board of Directors has appointed Anders M. Tomson President and Chief Executive Officer (“CEO”) of Chemung Financial Corporation (the “Corporation”) and its banking subsidiary, Chemung Canal Trust Company (the “Bank”) effective immediately. Tomson replaces Ronald M. Bentley who retired as CEO today, December 22, 2016. The transition had been previously announced this...

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ELMIRA, N.Y., Nov. 16, 2016 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq:CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per share, payable on January 3, 2017 to common stock shareholders of record as of the close of business on December 20, 2016. Chemung Financial Corporation is a $1.7 billion financial services holding company headquartered in Elmira, New York and operates 33 retail offices through its principal subsidiary, Chemung...

ELMIRA, N.Y., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq:CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income for the third quarter of 2016 of $2.7 million, or $0.58 per share, compared to $2.5 million, or $0.52 per share, for the third quarter of 2015. Ronald M. Bentley, Chemung Financial Corporation CEO, stated: “Our average earning assets for the third quarter this year were up over $100...