CORRECTION – Chemung Financial Corporation Announces Quarterly Dividend

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ELMIRA, N.Y., Dec. 16, 2019 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier on December 13, 2019 by Chemung Financial Corporation CHMG please note that in the first paragraph of the release, the date should be January 2, 2020, not January 2, 2019 as previously stated. The corrected release follows:

Chemung Financial Corporation CHMG announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per share, payable on January 2, 2020 to common stock shareholders of record as of the close of business on December 23, 2019.

Chemung Financial Corporation is a $1.8 billion financial services holding company headquartered in Elmira, New York and operates 33 retail offices through its principal subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers.  Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State.  Chemung Financial Corporation is also the 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., a captive insurance company based in the State of Nevada.

This press release may be found at www.chemungcanal.com

Contact:

Michael J. Wayne
Senior Vice President
(607) 737-3762
Mwayne@chemungcanal.com

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