Chemung Financial Corp

Chemung Financial Corporation is a $2.9 billion financial services holding company and the parent of Chemung Canal Trust Company, National Association, a full-service community bank with trust powers established in 1833. The bank operates 30 retail offices across the Southern Tier, Capital Region, and Western New York through its divisional brands (Chemung Canal Trust Company, Capital Bank, and Canal Bank), which are being unified under the Canal Bank & Trust name. The Corporation provides commercial banking, residential mortgage lending, consumer lending (including indirect auto and home equity), and wealth management services. Its Wealth Management Group manages approximately $2.3 billion in assets under management or administration. The Corporation also operates CFS Group, Inc., a subsidiary offering mutual funds, annuities, brokerage services, tax preparation, and insurance products. The bank recently converted from a New York State trust company charter to a national bank charter under the supervision of the OCC. Updated Oct 22, 2026