CHMG - Chemung Financial Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Chemung Financial Corporation

One Chemung Canal Plaza
Elmira, NY 14901
United States
607-737-3711
http://www.chemungcanal.com

SectorFinancial Services
IndustryBanks—Regional
Full Time Employees374

Key Executives

NameTitlePayExercisedYear Born
Mr. Anders M. TomsonPres, CEO & Director676.96kN/A1967
Mr. Karl F. KrebsCFO, Exec. VP & Treasurer374.8kN/A1956
Ms. Karen R. MakowskiExec. VP & Chief Risk Officer - Chemung Canal Trust Company330.75kN/A1957
Mr. Daniel D. FarielloPres of Capital Bank Division - Chemung Canal Trust Company298.55kN/A1977
Ms. Kathleen S. McKillipAssistant VP & Corp. Sec.N/AN/AN/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Chemung Financial Corporation operates as a bank. The bank offers demand deposits and interest and non-interest bearing time and savings deposits. It's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. The company offers consumer loans, including credit card loans, revolving credit plans, and automotive loans. The company offers commercial real estate loans for land development and on-site construction of industrial, commercial, residential, or farm buildings in the United States; real estate-backed residential loans; and commercial loans collateralized by real estate properties. The company offers domestic and foreign commercial and industrial loans. The company offers loans for the purpose of financing agricultural production; loans which include planned and unplanned overdrafts, to governments in non-U.S. countries, to their official institutions, and to international and regional institutions. For 2017, it has an asset value of 1.7 million USD. The bank has generated a net income of 7,430 USD in December 31, 2017. Chemung Financial Corporation was founded in 1833 and is based in Elmira, New York.

Corporate Governance

Chemung Financial Corporation’s ISS Governance QualityScore as of October 4, 2019 is 8. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 5; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.