<SEC-DOCUMENT>0001171843-16-011829.txt : 20160817
<SEC-HEADER>0001171843-16-011829.hdr.sgml : 20160817
<ACCEPTANCE-DATETIME>20160817165639
ACCESSION NUMBER:		0001171843-16-011829
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20160817
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160817
DATE AS OF CHANGE:		20160817

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHEMUNG FINANCIAL CORP
		CENTRAL INDEX KEY:			0000763563
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				161237038
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35741
		FILM NUMBER:		161839202

	BUSINESS ADDRESS:	
		STREET 1:		ONE CHEMUNG CANAL PLZ
		STREET 2:		P O BOX 1522
		CITY:			ELMIRA
		STATE:			NY
		ZIP:			14902
		BUSINESS PHONE:		6077373711

	MAIL ADDRESS:	
		STREET 1:		ONE CHEMUNG CANAL PLZ
		STREET 2:		P O BOX 1522
		CITY:			ELMIRA
		STATE:			NY
		ZIP:			14902
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k_081716.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<P STYLE="font-size: 12pt; font-weight: bold; margin: 0pt 0; text-indent: 0.5in; border-bottom: Black 0.5pt solid">&nbsp;</P>

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<P STYLE="font-size: 12pt; font-weight: bold; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">UNITED STATES OF AMERICA</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">Washington, D.C. 20549</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">FORM 8-K</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; margin: 0pt 0">CURRENT REPORT</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; margin: 0pt 0">PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">Date of Report (Date of earliest
event reported): </FONT><B>August 17, 2016</B></P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 12pt; font-weight: bold; text-align: center; margin: 0pt 0">CHEMUNG FINANCIAL CORPORATION</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">(Exact name of registrant as specified
in its charter)</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal"></FONT></P>

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<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="font-size: 10pt; margin: 0pt 0; text-align: center; width: 33%"><B>New York</B></TD>
    <TD STYLE="font-size: 10pt; margin: 0pt 0; text-align: center; width: 34%"><B>0-13888</B></TD>
    <TD STYLE="font-size: 10pt; margin: 0pt 0; text-align: center; width: 33%"><B>16-1237038</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD NOWRAP STYLE="font-size: 10pt; margin: 0pt 0; text-align: center">(State or other jurisdiction</TD>
    <TD NOWRAP STYLE="font-size: 10pt; margin: 0pt 0; text-align: center">(Commission File Number)</TD>
    <TD NOWRAP STYLE="font-size: 10pt; margin: 0pt 0; text-align: center">(IRS Employer</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center">of incorporation)</TD>
    <TD STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Identification
No.)</TD></TR>
</TABLE>

<P STYLE="font-size: 12pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal"></FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0"><FONT STYLE="font-weight: normal"> </FONT></P>

<P STYLE="font-size: 10pt; text-indent: 0.5in; margin: 0pt 0"><FONT STYLE="font-weight: normal"> </FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; margin: 0pt 0">One Chemung Canal Plaza, Elmira, NY 14901</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">(Address of principal executive
offices) (Zip Code)</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; margin: 0pt 0">(607) 737-3711</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">(Registrant&rsquo;s telephone number,
including area code)</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; text-indent: 0.5in; margin: 0pt 0"><FONT STYLE="font-weight: normal">[&nbsp; &nbsp;] &nbsp;Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; text-indent: 0.5in; margin: 0pt 0"><FONT STYLE="font-weight: normal">[&nbsp;&nbsp; ] &nbsp;Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; text-indent: 0.5in; margin: 0pt 0"><FONT STYLE="font-weight: normal">[&nbsp;&nbsp;&nbsp;] &nbsp;Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; text-indent: 0.5in; margin: 0pt 0"><FONT STYLE="font-weight: normal">[&nbsp;&nbsp; ] &nbsp;Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.16e-4(c))</FONT></P>

<P STYLE="font-size: 12pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>



<P STYLE="font-size: 12pt; margin: 0pt 0"></P>
<P STYLE="margin: 0"></P>

<P STYLE="font-size: 12pt; font-weight: bold; margin: 0pt 0; text-indent: 0.5in; border-bottom: Black 0.5pt solid">&nbsp;</P>

<P STYLE="font-size: 12pt; font-weight: bold; margin: 0pt 0"></P>

<P STYLE="font-size: 12pt; font-weight: bold; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 55pt; text-align: left">ITEM 1.01</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT</TD>
</TR></TABLE>

<P STYLE="font-size: 11pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">On August 17, 2016, Chemung Canal
Trust Company (the &ldquo;Bank&rdquo;), a subsidiary of Chemung Financial Corporation (the &ldquo;Corporation&rdquo;), and Kimberly
A. Hazelton, Executive Vice President of Retail Client Services of the Bank, executed a Change of Control Agreement (the &ldquo;Agreement&rdquo;).
The Agreement provides that if, during the 12 month period after the occurrence of a Change of Control, as defined in the Agreement:
i) Ms. Hazelton&rsquo;s employment is terminated by the Bank without Cause (also as defined in the Agreement); or ii) Ms. Hazelton
terminates her employment with the Bank for any reason, the Bank shall pay to Ms. Hazelton, in addition to any other compensation
or benefits due to her, an amount equal to two (2.00) times the highest annual compensation (salary and bonuses) paid by the Bank
to Ms. Hazelton for any of the two (2) calendar years ending with the year in which her employment is terminated. The severance
payments would be paid in equal monthly installments for the 24 months immediately following the effective date of the termination
of Ms. Hazelton&rsquo;s employment. The Agreement provides further that it is subject to all applicable laws and regulations and
that the amount payable to Ms. Hazelton is subject to reduction to the extent necessary to ensure that such payment is not an &ldquo;excess
parachute payment&rdquo; as defined in Section 280-g of the Internal Revenue Code.</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; font-weight: bold; margin-top: 0pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: left">ITEM 5.02</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT
OF PRINCIPAL OFFICERS</TD>
</TR></TABLE>

<P STYLE="font-size: 11pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">On August 17, 2016, Chemung Canal
Trust Company (the &ldquo;Bank&rdquo;), a subsidiary of Chemung Financial Corporation (the &ldquo;Corporation&rdquo;), issued a
press release announcing the appointment of Kimberly A. Hazelton to Executive Vice President of Retail Client Services of the Bank.
The appointment of Ms. Hazelton fills the position left vacant after Mr. DiFabio&rsquo;s promotion to Executive Vice President
of Business Client Services of the Bank in September 2015. Mr. Tomson, the Corporation&rsquo;s and Bank&rsquo;s current Chief Operating
Officer has served as the interim Retail Client Services executive of the Bank since Mr. DiFabio&rsquo;s promotion.</FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">Ms. Hazelton, joins the Bank with
30 years of banking experience and has served in senior management positions with NBT, Fifth Third Bank, and TD Bank. Ms. Hazelton
most recently served as Chief Operations Officer of Alternatives Federal Credit Union in Ithaca, NY. Ms. Hazelton earned her B.S.
in Business Management from the University of Phoenix.</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">The Agreement is furnished as
Exhibit 10.1 to this report. The Press Release is furnished as Exhibit 99.1 to this report.</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

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<TD STYLE="width: 55pt; text-align: left">ITEM 9.01</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><U>Financial Statements and Exhibits</U></TD>
</TR></TABLE>

<P STYLE="font-size: 11pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0"><FONT STYLE="font-weight: normal"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3">(d) Exhibits</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 84%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: center"><U>Exhibit
No.</U></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">10.1</TD>
    <TD>Kimberly
A. Hazelton Change of Control Agreement.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">99.1</TD>
    <TD>Press
Release of Chemung Canal Trust Company dated August 17, 2016.</TD></TR>
</TABLE>

<P STYLE="font-size: 11pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

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<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
hereunto duly authorized.</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>CHEMUNG FINANCIAL CORPORATION</B></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 33%">August 17, 2016</TD>
    <TD STYLE="width: 4%">By:&nbsp;</TD>
    <TD STYLE="width: 30%; border-bottom: Black 1pt solid">/s/
Karl F. Krebs</TD>
    <TD STYLE="width: 33%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Karl F. Krebs</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD NOWRAP>Chief Financial
Officer and Treasurer</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

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<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal"></FONT></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal"></FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font-size: 11pt; font-weight: bold; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 11pt; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>



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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exh_101.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<P STYLE="margin: 0; text-align: right">EXHIBIT 10.1</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">CHANGE OF CONTROL AGREEMENT</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-transform: uppercase">This Change of Control Agreement</FONT>
(&ldquo;Agreement&rdquo;) is hereby entered into on this 17<SUP>th</SUP> day of August, 2016, by and between CHEMUNG CANAL TRUST
COMPANY, a trust company chartered under the laws of the State of New York with its principal office located at One Chemung Canal
Plaza, Elmira, New York 14902 (&ldquo;Bank&rdquo;), and Kimberly A. Hazelton, of 617 Creek Road, Genoa, NY 13071 (&ldquo;Executive&rdquo;).</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">WHEREAS, Executive serves as the Executive Vice President; and</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">WHEREAS, the Bank desires to set forth the severance benefits Executive
would receive in the event of a termination of Executive&rsquo;s employment with the Bank following the occurrence of a Change
of Control;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">NOW THEREFORE, to ensure Executive&rsquo;s continued dedication to
the Bank and to induce Executive to remain and continue in the employ of the Bank, and for other good and valuable consideration,
the receipt and adequacy of which is hereby acknowledged, the parties hereby agree as follows:</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">1. <U>CHANGE OF CONTROL.</U> This Agreement shall become operative
only if and when there has occurred a &ldquo;Change of Control&rdquo; of the Bank. A &ldquo;Change of Control&rdquo; shall mean
(1) any merger, consolidation or other corporate reorganization in which the Bank is not the surviving corporation, (2) the event
that any &ldquo;person&rdquo; (as that term is used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934) becomes
the beneficial owner, directly or indirectly, of securities of the Bank representing thirty percent (30%) or more of the combined
voting power of the Bank&rsquo;s then outstanding securities, provided that the acquisition of additional securities or voting
power by a person who, as of the date of this Agreement, already is the direct or indirect beneficial owner of twenty percent (20%)
of such combined voting power, shall not constitute a Change of Control, or (3) the event in which a majority of the members of
the Bank&rsquo;s Board of Directors is replaced during any twenty-four (24) month period by Directors whose appointment or election
is not endorsed by two-thirds (2/3) of the members of the Bank&rsquo;s Board of Directors prior to the date of appointment or election.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">2. <U>TERMINATION.</U></P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(a)&#9;If, after the occurrence of a Change of Control, Executive&rsquo;s employment
is terminated by the Bank without Cause within the twelve (12) month period immediately following the effective date of the Change
of Control or if the Executive terminates his or her employment with the Bank for any reason, within such period, the Bank shall
pay to Executive, in addition to any other compensation, remuneration, or benefits due to Executive under any other plan, contract,
or arrangement with the Bank, the Severance Pay described in Section 3 of this Agreement in equal monthly installments for the
twenty-four (24) months immediately following the effective date of the termination of Executive&rsquo;s employment, with the first
such installment to be paid on the first day of the first month immediately following the month in which Executive&rsquo;s employment
is terminated.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

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<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(b)&#9;For the purposes of this section, the Bank shall have &ldquo;Cause&rdquo;
to terminate Executive&rsquo;s employment if Executive engages in personal dishonesty, willful misconduct, breach of fiduciary
duty, willful violation of any law, rule, or regulation (other than traffic violations or similar offenses), gross insubordination,
or gross negligence. For the purposes of this paragraph, no act or failure to act shall be considered &ldquo;willful&rdquo; unless
done or omitted to be done, by the Executive not in good faith and without a reasonable belief that Executive&rsquo;s action or
omission is in the best interests of the Bank. In no event shall Executive be deemed to have been terminated for Cause unless and
until there shall have been delivered to Executive a copy of a certification by a majority of the non-officer members of the Board
of Directors finding that the Executive was guilty of conduct deemed to be Cause within the meaning of this paragraph.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">3. <U>SEVERANCE PAY.</U> Except as provided in Section 4 of this
Agreement, Severance Pay payable to the Executive pursuant to this Agreement shall mean two (2.0) times the highest annual compensation
(including only salary and bonuses) paid by the Bank to Executive for any of the two (2) calendar years ending with the year in
which Executive&rsquo;s employment is terminated. Severance Pay shall be reduced by all amounts that are required to be withheld
or deducted under federal, state or municipal law.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">4. <U>LIMITATIONS ON SEVERANCE PAY.</U></P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(a)&#9;Notwithstanding any other provision of this Agreement, in no event shall the
Bank be required to pay to Executive any amount under this Agreement which would, in the opinion of counsel to the Bank, constitute
an &ldquo;excess parachute payment&rdquo; as that term is defined by Section 280G and/or Section 4999 of the Code. The Bank shall
not be required to make any payment under this Agreement if, in the opinion of counsel to the Bank, such payment or the amount
thereof would violate any applicable Federal, state or local law or regulation.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(b) &#9; In the event that the Bank is notified of any determination by counsel to
the Bank that the Bank&rsquo;s payment of any amount under this Agreement would violate paragraph 4(a), the Bank shall provide
Executive written notice of such determination within five (5) business days of the date of such determination, which notice shall
indicate the amount by which any payment will be reduced as a result of such determination.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(c)&#9;All payments of Severance Pay pursuant to this Agreement shall be reduced
by the Bank as may be necessary to avoid violation of this Section 4. In the event that any government or other authority of competent
jurisdiction determines that any amount received by Executive pursuant to this Agreement constitutes an &ldquo;excess parachute
payment,&rdquo; or unreasonable compensation for the services performed or to be performed by Executive for the Bank, Executive
agrees to immediately repay to the Bank the amount determined to be an &ldquo;excess parachute payment&rdquo; or unreasonable compensation.
In the event that any such authority determines that any aspect of the transactions between Executive and the Bank pursuant to
this Agreement violates any federal, state or local law or regulation, the parties hereto agree to cooperate to take all steps
necessary to cure such violation.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

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<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">5. <U>REGULATORY LIMITS.</U> The provisions of this Section 5 shall
control as to continuing rights and obligations under this agreement notwithstanding any other provision of this Agreement, for
so long as the Bank shall be regulated by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation,
the New York State Banking Department or any other federal or state banking agency (each a &ldquo;Regulator&rdquo;).</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(a)&#9;All obligations under this Agreement shall be terminated, except to the extent
determined by any Regulator that continuation thereof is necessary for the continued operation of the Bank at the time the Regulator
enters into an agreement to provide assistance to or on behalf of the Bank, or approves a supervisory merger to resolve problems
related to the operation of the Bank, or when the Bank is determined by a Regulator to be in an unsafe or unsound condition, notwithstanding
the vesting of any rights of the parties.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(b)&#9;All obligations under this Agreement shall be subject to and conditioned upon
the Bank&rsquo;s satisfaction of and compliance with all state and federal laws, rules, and regulations applicable to the Bank,
notwithstanding the vesting of any rights hereunder. The Bank shall be relieved of all obligations under this Agreement to the
extent that performance or satisfaction of such obligations would violate or be inconsistent with any federal or state law, rule,
or regulation (including, without limitation, safety and soundness standards and related regulatory guidance), any order, directive
or notice from a Regulator, or any formal or informal agreement, safety and soundness compliance plan, or other agreement or plan
entered into by and between the Bank and any Regulator. Whether the obligations of this Agreement are inconsistent with any law,
rule, regulation, order, directive, notice, agreement, or plan just described shall be deemed determined if so found by any Regulator
or by an opinion of the Bank&rsquo;s counsel, a copy or written summary of which finding or opinion of counsel shall be provided
by the Bank to Executive within five (5) business days of the Bank&rsquo;s notice of such a determination.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(c)&#9;The payment, accrual and/or vesting of any Severance Pay shall be suspended
in the event the Bank receives any notice from any Regulator indicating an intent to issue an order or directive requiring the
Bank to take prompt corrective action or to take or refrain from taking any other action.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(d) &#9;In the event that any Regulator terminates or requires the Bank by order
or directive to terminate Executive, Bank shall be relieved of all obligations under this Agreement and this Agreement shall be
terminated and shall have no further force and effect.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">(e) &#9;In the event that the Bank is relieved of any or all of its obligations under
this Agreement as a result of the application of this Section 5 or that any or all of such obligations is suspended, the Bank shall
provide, within five (5) business days of the Bank&rsquo;s notice of relief or suspension, written notice to Executive describing
the extent to which the Bank has been relieved of its obligations under this Agreement or to which such obligations have been suspended
and the reason(s) therefor.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font-size: 10pt; margin: 0pt 0"><B></B></P>

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<P STYLE="font-size: 10pt; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">6. <U>SUCCESSORS.</U> This Agreement shall inure to the benefit of
and be enforceable by Executive&rsquo;s personal representatives and heirs. In the event that Executive dies while any amounts
remain payable to Executive hereunder, all such amounts shall be paid in accordance with the terms of this Agreement to designee(s)
or, if there is no such designee, to Executive&rsquo;s estate.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">7. <U>SEVERABILITY.</U> In the event that any court or other authority
of competent jurisdiction determines that any provision of this Agreement is invalid, illegal or unenforceable, such invalidity,
illegality or unenforceability shall be limited to such provision and shall not affect the validity, legality, or enforceability
of any other provision. Any provision in this Agreement which is invalid, illegal or unenforceable in any jurisdiction shall, as
to such jurisdiction, be invalid, illegal or unenforceable, only to the extent required by such jurisdiction and without rendering
such provision invalid, illegal, or unenforceable in any other jurisdiction.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">8. <U>NO RIGHT TO CONTINUE EMPLOYMENT.</U> This Agreement shall not
give Executive any right to remain in the employ of the Bank. Subject to the severance provisions in this Agreement or in any other
written agreement between the Bank and Executive, the Bank reserves the right to terminate Executive&rsquo;s employment at any
time.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">9. <U>AMENDMENT; WAIVER.</U> No provision of this Agreement may be
modified or waived except by a written instrument executed by Executive and on behalf of the Bank by an authorized representative,
which instrument specifically refers to this Section 9. No waiver of compliance with any condition or provision of this Agreement
shall be deemed or constitute a waiver of any other provision or condition of this Agreement and shall not operate to preclude
or limit any future waivers or modifications of the Agreement.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">10. <U>NOTICES.</U> For the purposes of this Agreement, notices and
all other communications provided for in the Agreement shall be in writing ands shall be deemed to have been duly given when delivered
or mailed by United States first-class registered or certified mail, return receipt requested, postage prepaid, addressed as follows:</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 20%">If to Executive:</TD>
    <TD STYLE="width: 64%">Kimberly A. Hazelton</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>617 Creek Road</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Genoa, NY 13071</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>If to the Bank</TD>
    <TD>Chemung Canal Trust Company</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>One Chemung Canal Plaza</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>P.O. Box 1522</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Elmira, New York 14902-1522</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

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<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">or at such other address as any party may furnish to the other in writing. Notices of
change of address shall be effective only upon receipt.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">11. <U>ENTIRE AGREEMENT.</U> This Agreement constitutes the entire
agreement between the parties and supersedes all current and prior agreements and understandings, whether written or oral, between
the parties, with respect to the subject matter hereof.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">12. <U>GOVERNING LAW.</U> This Agreement shall be interpreted and
construed in accordance with the laws of the State of New York, without regard to any conflicts of law rules or principles.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">13. <U>JURISDICTION; VENUE; WAIVER OF JURY TRIAL.</U> The Bank and
Executive agree that any action or proceeding seeking to enforce any provision of, or based on any claim arising out of, or otherwise
relating to this Agreement shall be brought in the courts of the State of New York, or, if it has or can acquire jurisdiction,
in the United States District Court for the Western District of new York. The Bank and Executive each give their consent to the
jurisdiction of these courts in any such action or proceeding and hereby waive any object to venue being laid in such courts. The
Bank and Executive further agree to waive their respective rights to a trial by jury in any such action or proceeding.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">14. <U>SECTION HEADINGS.</U> All Section headings herein are included
for the purposes of convenience only and shall not be deemed to have any effect on the construction or interpretation of any provision
of this Agreement.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, the parties hereto have hereby executed this
Agreement as of the date set forth above.</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">CHEMUNG CANAL TRUST COMPANY,</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 33%">&nbsp;</TD>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="width: 3%">By:&nbsp;</TD>
    <TD STYLE="width: 30%; border-bottom: Black 1pt solid">/s/ Ronald M. Bentley</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Its: Chief Executive Officer</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">EXECUTIVE</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Kimberly A. Hazelton 8/17/16</TD></TR>
</TABLE>

<P STYLE="font-size: 10pt; margin: 0pt 0"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font-size: 10pt; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin: 0pt 0">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; text-align: center; margin-bottom: 0pt">5 of 5</P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>exh_991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252"><meta name="GENERATOR" content="MSHTML 8.00.7601.18094"></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: center;"><strong>Chemung Canal Names New Management Team Member</strong></p><p style="text-align: center;">Hazelton to join as Retail Banking Executive</p><p><p align="left">ELMIRA, N.Y., Aug.  17, 2016  (GLOBE NEWSWIRE) -- Chemung Canal Trust Company (the &#8220;Bank&#8221;), subsidiary of Chemung Financial Corporation (Nasdaq:CHMG), today announced the appointment of Kimberly A. Hazelton as Executive Vice President of Retail Client Services. Ms. Hazelton joined the Bank earlier this week.<br></p><p>A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ff9381da-ad1e-4b30-8a7a-ec7735e4e865</p><p>A native of Broome County, Ms. Hazelton has 30 years of banking experience and has served in senior management positions with NBT, Fifth Third Bank and TD Bank.&#160; In 2014 she relocated back to New York State and has most recently served as the Chief Operations Officer of Alternatives Federal Credit Union in Ithaca, NY.</p><p>&#8220;We are excited to have Kim join our management team,&#8221; said Anders M. Tomson, President of Chemung Canal Trust Company.&#160; &#8220;She has a wealth of banking experience and will bring a unique perspective, after having served in leadership roles with community banks and large banking companies,&#8221; Tomson added.</p><p>Ms. Hazelton will oversee Retail Client Services which includes 33 full service branches, and the residential and consumer lending operations of the Bank.&#160;&#160;</p><p>A resident of Cayuga County, just outside of Ithaca, Ms. Hazelton is active in the MADD program and she serves as Board Member of Habitat for Humanity of Tompkins and Cortland counties.&#160;</p><p align="justify">Established in 1833, Chemung Canal Trust Company, a full service community bank with full trust powers, is the oldest, locally-owned and managed community bank in New York State, with offices located in 11 counties in New York State and Bradford County in northern Pennsylvania.&#160;</p></p><p>Media Contact:<br>Michael J. Wayne<br>Senior Vice President<br>(607) 737-3762<br>mwayne@chemungcanal.com</p></body></html>
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