8-K

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):		June 2, 2009
Commission file number: 0-13888
CHEMUNG FINANCIAL CORPORATION (Exact name of Registrant as specified in its charter)
New York (State or other jurisdiction of incorporation or organization)		16-123703-8 (I.R.S. Employer Identification No.)
One Chemung Canal Plaza, Elmira, NY 14901 (Address of principal executive offices) (Zip Code) (607) 737-3711 (Registrant's telephone number including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(B) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.01	COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On May 29, 2009, Chemung Financial Corporation completed its purchase of Canton Bancorp., Inc., a Pennsylvania corporation and the parent of Bank of Canton, as set forth in the Agreement and Plan of Merger dated as of January 21, 2009. For additional information, a press release dated June 2, 2009 is included as Exhibit 99.1 to this report.
ITEM 9.01	FINANCIAL STATEMENTS AND EXHIBITS
(d)	Exhibits

Exhibit No.
99.1	Press Release dated June 2, 2009 announcing the completion of the purchase of Canton Bancorp, Inc.

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
	CHEMUNG FINANCIAL CORPORATION
June 2, 2009	By: Ronald M. Bentley
	Ronald M. Bentley
	President & Chief Executive Officer

EX-99.1

For Immediate Release: June 2, 2009	Contact: Michael J. Wayne Vice President (607) 737-3762 mwayne@chemungcanal.com

Chemung Canal Trust Company Expands Into Pennsylvania
Chemung Financial completes acquisition of Canton Bancorp, Inc.

Chemung Canal Trust Company (CCTC) today announced that its parent company, Chemung Financial Corporation, has completed the acquisition of Canton Bancorp, Inc, the parent company of the Bank of Canton (PA). As a result, all three Bank of Canton offices opened on June 1^st as full service branches of Chemung Canal Trust Company.

"We are excited to join forces with a bank that is rich in history and shares our banking philosophy and business model," said Ronald M. Bentley, President and Chief Executive Officer of Chemung Canal Trust Company. "We are pleased with the warm welcome we have received during the conversion process and look forward to the opportunity to enhance our relationship with the residents of northeastern Pennsylvania through our extensive menu of products and services, combined with our high touch approach to quality customer service," Bentley added.

Chemung Canal reported that more than 10,000 accounts representing $70 million of deposits and $60 million in loans were transferred as a result of the acquisition.

According to Bentley, nearly all of the Bank of Canton employees are remaining with Chemung Canal as a result of the acquisition. "Our new employees are the same friendly, helpful and knowledgeable staff of professional bankers that our converting customers are accustomed to working with," Bentley said. With the addition of the three new branches, Chemung Canal Trust Company now employs 350 people.

In addition to the three new Bradford County, PA offices, Chemung Canal operates 20 other full service offices in Broome, Chemung, Steuben, Schuyler, Tioga and Tompkins counties in New York state. The Bank also operates full service Trust and Investment Centers in downtown Elmira, Binghamton and Herkimer, NY.

Chemung Canal Trust Company, established in 1833 and headquartered in Elmira, is a full service community bank with full trust powers. It is a subsidiary of Chemung Financial Corporation, a public corporation traded in the over-the-counter market, under the symbol CHMG.OB. Chemung Financial Corporation is also the parent of CFS Group, Inc., a financial services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services and insurance. CFS Group, Inc. was founded in 2001.

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