ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents per share.

The banking company will pay the dividend on April 2 to common stock shareholders of record as of the close of business on March 19, according to a Chemung Financial news release.

At its current stock price, the dividend yields about 2.3 percent on an annual basis.

Chemung Financial is a $1.7 billion financial-services holding company, headquartered in Elmira, which operates 34 branches through its main subsidiary, Chemung Canal Trust Company. Started in 1833, Chemung Canal Trust says it is the oldest locally owned and managed community bank in New York state. 

Chemung Canal Trust ranks eighth in deposit market share in the 16-county Central New York area, according to the latest FDIC data. It has 20 branches, with more than $968 million in deposits, in the region.

Chemung Financial is also the parent of CFS Group, Inc., a financial-services subsidiary offering mutual funds, annuities, brokerage services, tax preparation services, and insurance. It also has an insurance company subsidiary called Chemung Risk Management, Inc., which is based in Nevada.

Chemung Financial reported net income of $10.4 million, or $2.16 per share, for the full year of 2017, up from $10 million, or $2.11 a share, in 2016.

Donald Radke of Syracuse took the oath of office Feb. 6 for a third term as the 2018 Central Region VP of the New York State Association of Realtors (NYSAR) during the association’s inauguration ceremony at the Desmond Hotel and Conference Center in Albany.

Radke, a realtor for more than 40 years, is the broker/owner of FM Realty Group in Fayetteville.

He is an active member and past president of the Greater Syracuse Association of Realtors, where he has chaired the Legislative Committee and served on multiple others, according to a NYSAR news release. He is president of the Central New York Information Service, Inc., and serves on the board of managers for the New York State Alliance of MLSs. Radke is also a state-certified real-estate instructor.

At the state level, Radke is a member of the NYSAR board of directors and has served on several committees. 

On the national level, Radke has served on the National Association of Realtors Board of Directors. 

Locally in his community, Radke is chairman of the City of Syracuse Landmark Preservation Board and serves on the city’s new Land Use Rezone plan task force. Radke is also president of Focus Greater Syracuse, a citizen-engagement organization, and the president of the GR Barnes Foundation.