CHEMUNG FINANCIAL CORPORATION (NASDAQ:CHMG) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
CHEMUNG FINANCIAL CORP ExhibitEX-99.1 2 exh_991.htm PRESS RELEASE EdgarFilingEXHIBIT 99.1Chemung Financial Corporation Reports Second Quarter 2017 Net Income of $3.0 Million,…To view the full exhibit click here
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.
