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Chemung Financial Corp, founded in 1833 and based in Elmira, New York, is a financial institution offering a wide array of services. It serves customers with banking solutions like checking and savings accounts, money market accounts, and various loan options including commercial, agricultural, residential mortgages, and consumer loans. Beyond banking, it provides wealth management, insurance, mutual funds, brokerage services, and even tax preparation. Additionally, it offers specialized services such as guardian, custodian, trustee services, and supports employee benefit plans through various administrative services.
Regional bank Chemung Financial cleared consensus on earnings and revenue as a 2025 balance sheet repositioning paid dividends, driving net interest margin up 62 basis points to 3.67% and annualized commercial loan growth of 13%.
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