ELMIRA — Chemung Financial Corp. will pay a cash dividend of 25 cents per share on Oct. 1 to shareholders of record as of Sept. 17.
The company reported net income of $2.4 million, or 53 cents a share, in the second quarter, down 7 percent from $2.6 million, or 57 cents a year ago.
Headquartered in Elmira, Chemung Financial is the holding company for Chemung Canal Trust Co. and CFS Group, Inc., a financial-services company. Chemung Canal Trust has 28 bank branches in eight New York counties and Bradford County, Pa.
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