<SEC-DOCUMENT>0001171843-17-000657.txt : 20170203
<SEC-HEADER>0001171843-17-000657.hdr.sgml : 20170203
<ACCEPTANCE-DATETIME>20170202193719
ACCESSION NUMBER:		0001171843-17-000657
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170202
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170203
DATE AS OF CHANGE:		20170202

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:		17569948

	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_020317.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<html><head><title></title></head><body><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;"><font style="font-size: 10pt;">&#160;</font></div></div><p style="text-align: center;"><font style="font-size: 14pt;"><strong>UNITED STATES</strong><br><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br><strong>Washington, D.C. 20549</strong><br>_____________________</font></p><p style="text-transform: uppercase; text-align: center;"><font style="font-size: 14pt;"><strong>Form 8-K</strong><br>_____________________</font></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>CURRENT REPORT</strong></font></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</strong></font></p><p align="center"><font style="font-size: 10pt;">Date of Report (Date of earliest event Reported): <!--February 2, 2017-->February 2, 2017 &#160;</font></p><p align="center"><font style="font-size: 12pt;"><strong>CHEMUNG FINANCIAL CORPORATION</strong></font><br><font style="font-size: 10pt;">(Exact Name of Registrant as Specified in Charter)</font></p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td align="center" width="33%"><font style="font-size: 10pt;"><strong>New York</strong></font></td><td align="center" width="34%"><font style="font-size: 10pt;"><strong>0-13888</strong></font></td><td align="center" width="33%"><font style="font-size: 10pt;"><strong>16-1237038</strong></font></td></tr><tr valign="top"><td align="center" width="33%"><font style="font-size: 10pt;">(State or Other Jurisdiction of Incorporation)</font></td><td align="center" width="34%"><font style="font-size: 10pt;">(Commission File Number)</font></td><td align="center" width="33%"><font style="font-size: 10pt;">(I.R.S. Employer Identification Number)</font></td></tr></table><p><font style="font-size: 10pt;">&#160;</font></p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="bottom"><td align="center" width="50%"><font style="font-size: 10pt;"><strong>One Chemung Canal Plaza, Elmira, NY 14901</strong><!----></font></td></tr><tr valign="top"><td align="center" width="50%"><font style="font-size: 10pt;">(Address of Principal Executive Offices) (Zip Code)</font></td></tr></table><p align="center"><font style="font-size: 10pt;"><strong>(607) 737-3711</strong><br>(Registrant's telephone number, including area code)</font></p><p align="center"><font style="font-size: 10pt;"><strong></strong><br>(Former name or former address, if changed since last report)</font></p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td colspan="3"><font style="font-size: 10pt;">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:<br><br></font></td></tr><tr valign="top"><td width="21"><font style="font-size: 10pt;">&#160;</font></td><td width="40"><font style="font-size: 10pt;">[  ]</font></td><td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td></tr><tr valign="top"><td width="21"><font style="font-size: 10pt;">&#160;</font></td><td width="40"><font style="font-size: 10pt;">[  ]</font></td><td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></td></tr><tr valign="top"><td width="21"><font style="font-size: 10pt;">&#160;</font></td><td width="40"><font style="font-size: 10pt;">[  ]</font></td><td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></td></tr><tr valign="top"><td width="21"><font style="font-size: 10pt;">&#160;</font></td><td width="40"><font style="font-size: 10pt;">[  ]</font></td><td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></td></tr></table><div style="margin-top: 12pt; margin-bottom: 3pt;"><div style="font-size: 1pt; border-top: Black 1.1pt solid; border-bottom: Black 2.5pt solid; width: 100%;"><font style="font-size: 10pt;">&#160;</font></div>&#160;</div><hr style="page-break-after: always;" noshade="noshade"><p><font style="font-size: 10pt;">  <strong>  </strong></font></p><p><font style="font-size: 10pt;"><strong>Item 8.01. Other Events.</strong></font></p><p><font style="font-size: 10pt;"><p>On February 2, 2017, Chemung Financial Corporation (&#8220;the Corporation&#8221;) announced that Capital Bank, a division of Chemung Canal Trust Company, is currently exploring an opportunity to open a new, full-service branch in the Capital Region in the State of New York.&#160; Capital Bank is working with the Galesi Group to establish a bank location near the Rivers Casino &amp; Resort at Mohawk Harbor in Schenectady, New York.</p><p>The press release is furnished as Exhibit 99.1 to this report.</p></font></p><p><font style="font-size: 10pt;"><strong>  </strong></font></p><p><font style="font-size: 10pt;"><strong>Item 9.01. Financial Statements and Exhibits.</strong></font></p><p><font style="font-size: 10pt;"><table class="mce-item-table"><tr><td width="43"><p><font style="font-size: 10pt;">(d)</font></p></td><td width="102"><p><font style="font-size: 10pt;">Exhibits</font></p></td><td width="493"><p><font style="font-size: 10pt;">&#160;</font></p></td></tr><tr><td width="43"><p><br></p></td><td width="102"><p><strong><u><font style="font-size: 10pt;">Exhibit No.</font></u></strong></p></td><td width="493"><p><br></p></td></tr><tr><td width="43"><p><font style="font-size: 10pt;">&#160;</font></p></td><td width="102"><p><font style="font-size: 10pt;">99.1&#160;&#160;&#160;&#160;</font></p></td><td width="493"><p><font style="font-size: 10pt;">Press Release of Capital Bank, a division of Chemung Canal Trust Company dated February 2, 2017.</font></p></td></tr></table><div id="mceResizeHandlen" class="mce-resizehandle" style="cursor: n-resize; margin: 0px; padding: 0px; left: 329.167px; top: 4px;">&#160;<br></div><div id="mceResizeHandlee" class="mce-resizehandle" style="cursor: e-resize; margin: 0px; padding: 0px; left: 653.333px; top: 73.1667px;">&#160;<br></div><div id="mceResizeHandles" class="mce-resizehandle" style="cursor: s-resize; margin: 0px; padding: 0px; left: 329.167px; top: 141.333px;">&#160;<br></div><div id="mceResizeHandlew" class="mce-resizehandle" style="cursor: w-resize; margin: 0px; padding: 0px; left: 4px; top: 73.1667px;">&#160;<br></div><div id="mceResizeHandlenw" class="mce-resizehandle" style="cursor: nw-resize; margin: 0px; padding: 0px; left: 4px; top: 4px;">&#160;<br></div><div id="mceResizeHandlene" class="mce-resizehandle" style="cursor: ne-resize; margin: 0px; padding: 0px; left: 653.333px; top: 4px;">&#160;<br></div><div id="mceResizeHandlese" class="mce-resizehandle" style="cursor: se-resize; margin: 0px; padding: 0px; left: 653.333px; top: 141.333px;">&#160;<br></div><div id="mceResizeHandlesw" class="mce-resizehandle" style="cursor: sw-resize; margin: 0px; padding: 0px; left: 4px; top: 141.333px;">&#160;<br></div></font></p><p><font style="font-size: 10pt;"></font></p><p><font style="font-size: 10pt;"></font></p><hr style="page-break-after: always;" noshade="noshade"><p align="center"><font style="font-size: 10pt;"><strong>SIGNATURE</strong></font></p><p><font style="font-size: 10pt;">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><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td valign="top" width="49%"><font style="font-size: 10pt;">&#160;</font></td><td style="font-size: 12pt;" colspan="2" valign="top"><font style="font-size: 10pt;"><strong>CHEMUNG FINANCIAL CORPORATION</strong></font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;">&#160;</font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;"></font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">Date: February 2, 2017</font></td><td width="2%"><font style="font-size: 10pt;">By:&#160;</font></td><td style="text-decoration: underline;" width="49%"><font style="font-size: 10pt;">/s/ Karl F. Krebs&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;">Karl F. Krebs</font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;">Chief Financial Officer and Treasurer</font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;"></font></td></tr></table><p></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<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>Capital Bank Plans Branch at Mohawk Harbor</strong></p><p style="text-align: center;"><p><p align="justify">ALBANY, N.Y., Feb.  02, 2017  (GLOBE NEWSWIRE) -- (Nasdaq:CHMG)&#160;-- Capital Bank, a division of Chemung Canal Trust Company, has announced it is planning to open a new, full-service, branch at Mohawk Harbor, Schenectady&#8217;s $480 million waterfront development.&#160;<br></p><p align="justify">Anders M. Tomson, President of the Capital Bank division of Chemung Canal Trust Company said, &#8220;we are very excited to be working with the Galesi Group to establish a bank location at Mohawk Harbor, the Capital Region&#8217;s new waterfront destination including the Rivers Casino &amp; Resort.&#8221; &#160;Capital Bank&#8217;s current footprint includes five full-service offices in the region, including two in Albany, plus locations in Latham, Slingerlands and Clifton Park.&#160; This branch would be Capital Bank&#8217;s first de novo office since the bank merged with Chemung Canal Trust Company in 2011.</p><p align="justify">&#8220;Mohawk Harbor is a truly transformational project,&#8221; said Tomson.&#160; &#8220;The mixture of the casino, hotel &amp; restaurants, waterfront apartments, new retail, office space and the new Courtyard Marriott will serve as a springboard for the community, and are an exciting new phase of the Schenectady renaissance,&#8221; he added. &#160;&#8220;We&#8217;re excited because we believe that Mohawk Harbor will be a wonderful place to have fun, work, live, shop, and of course bank,&#8221; Tomson said.&#160;</p><p align="justify">Tomson, who is President and CEO of Chemung Canal Trust Company, indicated that the bank is considering a 2,100 square foot, state-of-the-art branch that would include a drive-up teller.&#160; &#8220;While discussions are ongoing, the final agreement would be subject to regulatory approval,&#8221; Tomson said.</p><p align="justify">&#8220;We are very encouraged to have Capital Bank join Mohawk Harbor,&#8221; said David M. Buicko, President &amp; CEO of the Galesi Group.&#160; &#8220;The new bank is part of the waterfront community that we are building that includes office, retail and waterfront living and of course the brand new Rivers Casino &amp; Resort.&#8221;</p><p align="justify">This branch expansion would extend Capital Bank&#8217;s continuing investment in the Capital Region.&#160; In January 2015 the bank relocated its Washington Ave. office, opening a new, 11,000 square feet, regional headquarters on State Street - the first completed tenant of Wellington Row, a redevelopment project that is a significant part of downtown Albany&#8217;s revitalization efforts.&#160; Additionally, Capital Bank has relocated branches in Latham, Clifton Park and on Wolf Road, and made substantial capital improvements to its Slingerlands office.</p><p align="justify">Capital Bank, originally formed in 1995, was merged into Chemung Canal Trust Company in 2011.&#160; With assets of $1.7 billion and operating through 33 offices within 11 counties in New York State and one county in Northern Pennsylvania, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State.</p><p>This press release may be found at: www.capitalbank.com and www.chemungcanal.com</p></p><p>Media Contacts:<br>Michael J. Wayne <br>Senior Vice President <br>(607) 737-3762<br>mwayne@chemungcanal.com</p></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
