OWEGO, N.Y. — Chemung Canal Trust Company announced it plans to consolidate its Owego branch offices into one location at 203 W. Main St.
The other Owego office, located at 1057 Route 17-C, will close permanently, according to news release from the banking company.
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 Nov. 20 of this year. Chemung Canal Trust will contact customers of the Route 17-C office regarding details of the transition.
(Sponsored)
Small Business Accounting Errors and How to Avoid Them
Running a small business presents many challenges, which can draw your attention in multiple directions at once. Keeping track of your company’s finances is essential to its long-term success and
Vishing, Phishing, Smishing – What You Need to Know
By Dan Smith Director of Engineering Services It might be tough to keep track of all the different terms for cyber scams these days. First, “phishing” was the term for
No employees will lose their jobs as a result of the closing, the bank said.
About the banking company
Chemung Canal Trust, which operates 32 branch offices, is a community bank with trust powers. Established in 1833, Chemung Canal Trust is the oldest locally owned and managed community bank in New York.
It’s a subsidiary of Chemung Financial Corp. (NASDAQ: CHMG), a $2 billion financial-services holding company headquartered in Elmira. Chemung Financial is also 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., an insurance company based in Nevada.
