CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02
On February 17, 2017, Chemung Financial Corporation’s bank subsidiary, Chemung Canal Trust Company (the “Bank”), determined that Louis DiFabio, Executive Vice President – Business Client Services and Thomas Wirth, Executive Vice President – Wealth Management Group are now eligible to participate in the Bank’s defined contribution supplemental executive retirement plan, with annual contributions of 20% of base salary.
About CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG)
Chemung Financial Corporation is a bank holding company. The Company, through its subsidiaries, Chemung Canal Trust Company (the Bank) and CFS Group, Inc. (CFS), provides a range of banking, financing, fiduciary and other financial services to its clients. The Company manages its operations through two segments: core banking and Wealth Management Group (WMG). The core banking segment receives deposits from the general public and uses such funds to originate consumer, commercial, commercial real estate and residential mortgage loans, mainly in its local markets and to invest in securities. The WMG services segment provides trust and investment advisory services to clients. The Company’s financial services include demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services. CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG) Recent Trading Information
CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG) closed its last trading session up +0.20 at 35.96 with 2,569 shares trading hands.