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Barton & Loguidice acquires JTM Associates of Bridgeport
SALINA, N.Y. — Barton & Loguidice (B&L) says it has acquired JTM Associates, LLC (JTM) of Bridgeport, effective March 6. The firm’s announcement didn’t include

Delta Air Lines plane went off taxiway at Syracuse airport Tuesday morning
SYRACUSE, N.Y. — A Delta Air Lines Airbus plane went off a taxiway at Syracuse Hancock International Airport shortly after 7:30 a.m. Tuesday morning. The

People news: Community Memorial Hospital adds orthopedic surgeon to staff
HAMILTON, N.Y. — Orthopedic surgeon Dr. Richelle Takemoto has joined the staff at Community Memorial Hospital (CMH) in Hamilton, the hospital announced. Takemoto is a

Construction work begins on glycol-recycling facility at Syracuse airport
SYRACUSE, N.Y. — The Syracuse Regional Airport Authority (SRAA) and Aéro Mag on Monday announced the beginning of construction on a new glycol recycling facility

In Cortland stop, Schumer outlines plan to combat the drug Xylazine
CORTLAND, N.Y. — U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Friday (March 10) revealed his three-pronged plan to combat the rise in the drug

People news: Herkimer College appoints campus peace officer
HERKIMER, N.Y. — Herkimer County Community College recently announced it has hired Joshua M. Muzzi as a campus peace officer. Muzzi, of Johnstown, previously

Syracuse University formally introduces Autry as the next men’s basketball coach
SYRACUSE, N.Y. — Syracuse University on Friday morning formally introduced Adrian Autry as the eighth head coach in the history of the men’s basketball program

Boeheim embraces retirement in press conference, will help Syracuse athletics moving forward
SYRACUSE, N.Y. — Saying he’s “thrilled to be retired,” former Syracuse University men’s basketball coach Jim Boeheim said he’s “felt better the last two days

Greater Utica Chamber honors Keida as Businessperson of the Year
UTICA, N.Y. — Jennifer Keida, president and CEO of Standard, Heating, Cooling & Insulating, is the Greater Utica Chamber of Commerce 2023 Businessperson of the

Chemung Financial to pay Q1 dividend of 31 cents in early April
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 31 cents a share of its common stock. The banking company will pay the dividend on April 3, to shareholders of record as of the close of business on March 20. At Chemung
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ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 31 cents a share of its common stock.
The banking company will pay the dividend on April 3, to shareholders of record as of the close of business on March 20.
At Chemung Financial’s current stock price, the payment yields about 2.5 percent on an annual basis.
Chemung Financial is a $2.6 billion financial-services holding company headquartered in Elmira. It generated $28.8 million in net income in 2022, up almost 9 percent from $26.4 million in 2021.
The company operates 31 offices through its main subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Founded in 1833, Chemung Canal Trust says it is the oldest locally owned and managed community bank in New York state.
Chemung Financial is also the parent of CFS Group, Inc., a financial-services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax-preparation services, and insurance, as well as Chemung Risk Management, Inc., an insurance company based in Nevada.
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