Chemung Financial Corp 8-K, filed Oct 21, 2020
Chemung Financial Corp (CHMG)
About this 8-K
Chemung Financial Corp filed this 8-K on October 21, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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| ITEM 8.01 | OTHER ITEMS |
On October 21, 2020 Chemung Financial Corporation (“the Corporation”) announced that Chemung Canal Trust Company (“the Bank”), the wholly-owned subsidiary of the Corporation, intends to expand its lending operations to serve the City of Buffalo, as well as Erie and Niagara Counties, in Western New York, with the intention of opening a Loan Production Office (LPO) in the near future.
The press release is furnished as Exhibits 99.1 to this report.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
| (d) | Exhibits | ||
| Exhibit No. | |||
| 99.1 | Press Release of Chemung Canal Trust Company dated October 21, 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 | |||
| October 21, 2020 | By: | /s/ Karl F. Krebs | |
| Karl F. Krebs | |||
| Chief Financial Officer and Treasurer | |||
Exhibit 99.1
For Immediate Release:
October 21, 2020
| Contact: | |
| Scott T. Heffner | |
| Vice President | |
| Director of Marketing | |
| stheffner@chemungcanal.com |
Chemung Canal Trust Company Announces
Expansion into Buffalo Market
Chemung Canal Trust Company (CCTC) today announced that it will expand its lending operations to serve the City of Buffalo, as well as Erie and Niagara Counties, with the intention of opening a Loan Production Office (LPO) in the near future.
“I am happy to announce that the bank will be entering the Western New York market with a dedicated lending presence,” said Anders M. Tomson, President & Chief Executive Officer of Chemung Canal Trust Company. “Buffalo, along with its surrounding communities, makes up the largest market in all of Upstate New York, and we are excited to extend our brand of professional, personal and high-touch lending services to the region,” Tomson added.
CCTC also announced that Michelle Maloney has been hired as Senior Vice President and in-market Commercial Lending Officer. Michelle brings over 30 years of leadership and commercial-lending experience in the Western New York Region to the company. Most recently, Michelle served as Senior Vice President and Chief Lending Officer at the Bank of Akron, which, until recently, was headquartered in Akron, NY. “Michelle is a banker with a tremendous track record and reputation in Western New York,” said Tomson. “We are thrilled to have another community-minded banker on our team, and I am confident she will be an asset to both the community and our company.”
Chemung Canal Trust Company, headquartered in Elmira, NY, is a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State.