Chemung Financial Shareholders Re-elect Directors

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| Source: Chemung Financial Corporation

ELMIRA, N.Y., May 9, 2014 (GLOBE NEWSWIRE) -- Chemung Financial Corporation, the holding company of Chemung Canal Trust Company and CFS Group, Inc., announced that its Shareholders have re-elected six members to the corporation's Board of Directors. The announcement was made May 8th, during the Corporation's Annual Shareholders Meeting.

Re-elected to the Board were: Larry H. Becker, Chief Operating Officer of Windsor Development Group, Inc.; Bruce W. Boyea, Chairman, President & CEO of Security Mutual Life Insurance Company of New York; Steven M. Lounsberry, III, President of Applied Technology Manufacturing; Eugene M. Sneeringer, Jr., Principal in the firm of Sneeringer Monahan Provost Redgrave Title Agency, Inc.; G. Thomas Tranter, Jr., President of Corning Enterprises; and Thomas R. Tyrrell, Albany (NY) area Chairman of Arthur J. Gallagher & Co. Each Director, except Mr. Tyrrell, was re-elected for a three year term. Mr. Tyrrell was re-elected for a two year term.

Mr. Lounsberry has served as a Director since 1995. Mr. Becker, Mr. Boyea and Mr. Sneeringer have been members of the Board since 2011 and Mr. Tranter & Mr. Tyrrell joined the Board in February 2014. All Directors of Chemung Financial Corporation are also Directors of Chemung Canal Trust Company.

Chemung Financial Corporation, headquartered in Elmira, New York, was incorporated in 1985 as the parent holding company of Chemung Canal Trust Company, a full service community bank with full trust powers. 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 and insurance. CFS Group, Inc. was founded in 2001.

Michael J. Wayne
Senior Vice President
(607) 737-3762