Chemung Canal Trust Company has announced it will consolidate its office 1057 Route 17-C into its nearby Owego office at 203 W. Main St. The bank reported no employees will lose their jobs as a result of the closing.
Along with the Main Street office in Owego, Chemung Canal operates offices in Waverly, Vestal and Binghamton. Additionally, customers may continue utilizing the bank’s many electronic banking channels to access their accounts 24/7, including Mobile Banking, Web Banking, ATMs and Telephone Banking.
The Route 17-C office, which has been closed since April 13 due to the COVID-19 pandemic, will remain closed until the official consolidation date of November 20, 2020. Customers of the office will receive communications from the bank regarding details of the transition.
Chemung Canal Trust Company, which operates 32 branch offices, is a full-service community bank with full trust powers, and is a subsidiary of Chemung Financial Corporation, a $2 billion financial services holding company headquartered in Elmira, New York. 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.
