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Chemung Financial Corporation (CHMG)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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42.87+0.23 (+0.54%)
As of 1:20PM EDT. Market open.

Chemung Financial Corporation

One Chemung Canal Plaza
Elmira, NY 14901
United States
607 737 3711

Sector(s)Financial Services
Full Time Employees341

Key Executives

NameTitlePayExercisedYear Born
Mr. Anders M. TomsonPres, CEO & Director788.72kN/A1967
Mr. Karl F. KrebsCFO, Exec. VP & Treasurer447.96kN/A1956
Mr. Loren D. ColeExec. VP & Chief Information Officer369.74kN/A1973
Mr. Peter K. CosgroveEVP, Chief Credit Officer & Chief Risk Officer385.88kN/A1961
Ms. Kathleen S. McKillipAssistant VP & Corp. Sec.N/AN/AN/A
Ms. Pamela D. BurnsSr. VP of HRN/AN/AN/A
Mr. Norman R. WardSVP, Chief Auditor & Sr. Investment OfficerN/AN/A1950
Mr. Thomas W. Wirth C.F.A., CFAExec. VP of Wealth Management Group at Chemung Canal Trust CompanyN/AN/A1966
Ms. Catherine Beth Crandall J.D., CFP®, CTFASr. VP of WMG Estate Admin.N/AN/AN/A
Mr. Robert M. PichetteSr. VP of Commercial LendingN/AN/AN/A
Amounts are as of December 31, 2020 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.


Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity loans; and letters of credit, wealth management, employee benefit plans, mutual fund, annuities, brokerage and services. In addition, the company provides guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. Further, it provides securities and insurance, tax preparation, and interest rate swap services. As of February 18, 2021, the company operated through 30 branch offices located in 12 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

Corporate Governance

Chemung Financial Corporation’s ISS Governance QualityScore as of April 30, 2021 is 7. The pillar scores are Audit: 1; Board: 3; 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.