ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), the holding company of Chemung Canal Trust Company and CFS Group, Inc., announced that its shareholders recently re-elected five members to the company’s board of directors.
Four directors were re-elected to three-year terms, including: Ronald M. Bentley, CEO of Chemung Canal Trust and Chemung Financial; Robert H. Dalrymple, secretary & VP of Dalrymple Gravel and Contracting; Clover M. Drinkwater, a partner in the law firm of Sayles & Evans; and Richard W. Swan, chairman of the board of Swan & Sons-Morss Co., Inc., according to a Chemung Financial news release.
Kevin B. Tully, a partner in the regional accounting firm of Teal, Becker and Chiaramonte, CPA’s PC, was elected to a two-year term on the Chemung Financial board.
Bentley, who will be retiring from his CEO posts at the end of 2016, joined the board in 2007, while Dalrymple was first elected in 1995. Drinkwater joined the board in 2005 and Swan has served as a director since 1984. Tully was appointed to the board in March 2016. All five serve as directors of Chemung Financial and Chemung Canal Trust.
William D. Eggers and Eugene M. Sneeringer, Jr. have now retired from the Chemung Financial and Chemung Canal Trust Company boards, the banking company said. Bentley thanked them for their years of “dedication, commitment and service to our Company.” Both attorneys, Eggers, who joined the board in 2002, is the former general counsel of Corning, Inc. Sneeringer had served as a director since Chemung Financial’s acquisition of Capital Bank & Trust in 2011. Sneeringer is a principal in the firm of Sneeringer Monahan Provost Redgrave Title Agency, Inc.
Founded in 1833 and headquartered in Elmira, Chemung Canal Trust is a community bank with full trust powers. It describes itself as “the oldest locally-owned and managed community bank in New York.”
CFS Group, a financial-services subsidiary started in 2001, offers non-traditional services including mutual funds, annuities, brokerage services, tax-preparation services, and insurance.
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