Chemung Financial subsidiary completes conversion to national bank

Chemung Financial Corporation (CHMG) reported on October 1, 2026, that its wholly owned subsidiary, Chemung Canal Trust Company, has completed its conversion from a New York chartered trust company to a national bank. The change follows approval from the Office of the Comptroller of the Currency (OCC). With this transition, the subsidiary will now operate under the name Chemung Canal Trust Company, National Association.

The bank will continue to function as the same corporate entity and maintain the same structural framework it held prior to the conversion. However, its regulatory status has shifted, meaning it is now subject to supervision, regulation, and examination by the OCC. This move places the institution under federal oversight rather than state-level regulation for its trust company operations.

Dale M. McKim III, Chief Financial Officer and Treasurer of Chemung Financial Corporation, signed the Form 8-K filing on behalf of the company. The report was submitted to the Securities and Exchange Commission on October 1, 2026, marking the date of the earliest event reported. The filing identifies Chemung Financial Corporation as a New York corporation with principal executive offices located at One Chemung Canal Plaza in Elmira, New York.

The securities of Chemung Financial Corporation are registered pursuant to Section 12(b) of the Exchange Act, with common stock trading on The Nasdaq Stock Market LLC under the symbol CHMG. The company is not classified as an emerging growth company for this filing. The document includes an interactive data file as an exhibit, embedded within the Inline XBRL document, to provide structured financial data alongside the narrative report.