Chemung Financial Stock Price. Everything You Need To Know About The Chemung Financial Stock!

Chemung Financial Corp. is a holding company that operates in the financial industry, with its headquarters located in Elmira, New York. The company currently employs 340 full-time employees and offers a range of financial services.

The Bank, which is a subsidiary of Chemung Financial Corp., provides demand, savings, and time deposits, commercial, residential, and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, and mutual funds and brokerage services. The company’s captive insurance company, CRM, insures against certain risks to the operations of the Company and its subsidiaries.

Chemung Financial Corp. operates through two segments: the core banking segment and the WMG services segment. The core banking segment attracts deposits from the general public and uses such funds to originate consumer, commercial, commercial real estate, and residential mortgage loans primarily in the Company’s local markets and to invest in securities. The WMG services segment provides trust and investment advisory services to clients.

Investors interested in the stock price of financial services companies should keep an eye on Chemung Financial Corp. and its subsidiaries. The company’s diverse range of financial services may present an attractive investment opportunity for those looking to diversify their portfolio. However, it is essential to research and stay informed about companies like Chemung Financial Corp. to make informed investment decisions and potentially benefit from stock price increases in the future.