0001171843-20-006030.txt : 20200820 0001171843-20-006030.hdr.sgml : 20200820 20200820163322 ACCESSION NUMBER: 0001171843-20-006030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20200818 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20200820 DATE AS OF CHANGE: 20200820 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHEMUNG FINANCIAL CORP CENTRAL INDEX KEY: 0000763563 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 161237038 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35741 FILM NUMBER: 201120395 BUSINESS ADDRESS: STREET 1: ONE CHEMUNG CANAL PLZ STREET 2: P O BOX 1522 CITY: ELMIRA STATE: NY ZIP: 14902 BUSINESS PHONE: 6077373711 MAIL ADDRESS: STREET 1: ONE CHEMUNG CANAL PLZ STREET 2: P O BOX 1522 CITY: ELMIRA STATE: NY ZIP: 14902 8-K 1 f8k_082020.htm FORM 8-K
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UNITED STATES OF AMERICA

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): August 20, 2020 (August 18, 2020)

 

CHEMUNG FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

 

New York   0-13888   16-1237038
(State or other jurisdiction of incorporation)    (Commission File Number)   (IRS 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)

 

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class   Trading symbol   Name of exchange on which registered
Common stock, par value $0.01 per share   CHMG   Nasdaq Stock Market LLC

 

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:

 

   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.16e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company   

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

 

 

 

 

ITEM 8.01OTHER EVENTS

 

On August 18, 2020 and August 20, 2020, Chemung Financial Corporation (“the Corporation”) announced that Chemung Canal Trust Company (“the Bank”), the wholly-owned subsidiary of the Corporation, intends to consolidate two branches on or about November 20, 2020. The Big Flats, New York branch office at 437 Maple Street, Big Flats, NY 14814, will be consolidated into the nearby Arnot Road Office at 29 Arnot Road, Horseheads, NY 14845. The Owego, New York branch at 1054 state Route 17C, Owego, New York 13827, will be consolidated into the nearby Owego branch office at 203 Main Street, Owego, NY 13827.

 

The press releases are furnished as Exhibits 99.1 and 99.2 to this report.

 

 

ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS

 

(d) Exhibits
     
  Exhibit No.
     
  99.1 Press Release of Chemung Canal Trust Company dated August 18, 2020.
     
  99.2 Press Release of Chemung Canal Trust Company dated August 20, 2020.
     
  104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

 

 

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, hereunto duly authorized.

 

 

  CHEMUNG FINANCIAL CORPORATION
       
       
August 20, 2020 By:  /s/ Karl F. Krebs  
    Karl F. Krebs  
    Chief Financial Officer and Treasurer

 

 

 

 

 

 

 

 

 

 

EX-99.1 2 exh_991.htm EXHIBIT 99.1

Exhibit 99.1

 

 

 

 

For Immediate Release:

August 18, 2020

 

 

Chemung Canal Trust Company Announces

Upcoming Consolidation of Big Flats Office

 

Chemung Canal Trust Company (CCTC) today announced that it will be consolidating its office located at 437 Maple Street in Big Flats into its nearby Arnot Road Office at 29 Arnot Road, across from the Arnot Mall. The bank reported that no employees will lose their jobs as a result of the consolidation.

 

In addition to the Arnot Road Office, the bank operates offices in Horseheads, Elmira Heights, Elmira and Southport. Additionally, customers may continue utilizing the bank’s many digital banking channels to access their accounts 24/7, including Mobile Banking, Web Banking, ATMs and Telephone Banking.

 

The Big Flats Office, which has been closed since April 13 due to the COVID-19 pandemic, will remain closed until the official consolidation date of November 20, 2020. Customers of the office will receive communications from the bank regarding details of the transition.

 

Chemung Canal Trust Company, which operates 32 branch offices, is a full-service community bank with full trust powers, and is a subsidiary of Chemung Financial Corporation, a $2.0 billion financial services holding company headquartered in Elmira, New York.  Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State.  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, tax preparation services and insurance, and Chemung Risk Management, Inc., a captive insurance company based in the State of Nevada.

 

Contact:

Scott T. Heffner
Vice President

Director of Marketing

stheffner@chemungcanal.com

 

EX-99.2 3 exh_992.htm EXHIBIT 99.2

Exhibit 99.2

 

 

 

 

For Immediate Release:

August 20, 2020

 

 

Chemung Canal Trust Company Announces

Upcoming Consolidation of Owego Route 17-C Office

 

Chemung Canal Trust Company (CCTC) today announced that it will be consolidating its Owego office, located at 1057 Route 17-C, into its nearby Owego office at 203 W. Main Street. The bank reported that no employees will lose their jobs as a result of the closing.

 

Along with the Main Street office in Owego, Chemung Canal operates offices in Waverly, Vestal and Binghamton. Additionally, customers may continue utilizing the bank’s many electronic banking channels to access their accounts 24/7, including Mobile Banking, Web Banking, ATMs and Telephone Banking.

 

The Route 17-C Owego Office, which has been closed since April 13 due to the COVID-19 pandemic, will remain closed until the official consolidation date of November 20, 2020. Customers of the office will receive communications from the bank regarding details of the transition.

 

Chemung Canal Trust Company, which operates 32 branch offices, is a full-service community bank with full trust powers, and is a subsidiary of Chemung Financial Corporation, a $2.0 billion financial services holding company headquartered in Elmira, New York.  Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State.  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, tax preparation services and insurance, and Chemung Risk Management, Inc., a captive insurance company based in the State of Nevada.

 

Contact:

Scott T. Heffner
Vice President

Director of Marketing

stheffner@chemungcanal.com

 

 

 

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XML 8 f8k_082020_htm.xml IDEA: XBRL DOCUMENT 0000763563 2020-08-18 2020-08-18 iso4217:USD shares iso4217:USD shares 0000763563 false 8-K 2020-08-18 CHEMUNG FINANCIAL CORPORATION NY 0-13888 16-1237038 One Chemung Canal Plaza Elmira NY 14901 (607) 737-3711 Common stock, par value $0.01 per share CHMG NASDAQ false false false false false XML 9 R1.htm IDEA: XBRL DOCUMENT v3.20.2
Cover
Aug. 18, 2020
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Aug. 18, 2020
Entity File Number 0-13888
Entity Registrant Name CHEMUNG FINANCIAL CORPORATION
Entity Central Index Key 0000763563
Entity Tax Identification Number 16-1237038
Entity Incorporation, State or Country Code NY
Entity Address, Address Line One One Chemung Canal Plaza
Entity Address, City or Town Elmira
Entity Address, State or Province NY
Entity Address, Postal Zip Code 14901
City Area Code (607)
Local Phone Number 737-3711
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, par value $0.01 per share
Trading Symbol CHMG
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
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