Chemung Financial unit seeks national bank charter

Chemung Financial Corporation reports that its wholly owned subsidiary, Chemung Canal Trust Company, has applied to the Office of the Comptroller of the Currency to convert from a New York chartered trust company to a national bank.

Accepted by SEC EDGAR 04/07/2026 - 10:30 AM EDT

Filing Impact

(High)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

8-K

Rhea-AI Filing Summary

Chemung Financial Corporation reports that its wholly owned subsidiary, Chemung Canal Trust Company, has applied to the Office of the Comptroller of the Currency to convert from a New York chartered trust company to a national bank.

The conversion will proceed only if the OCC, the regulator of national banks, approves the application.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Terms

national bank, Office of the Comptroller of the Currency, Emerging growth company, Inline XBRL

4 terms

national bank financial

"to convert from a New York chartered trust company to a national bank"

Office of the Comptroller of the Currency regulatory

"filed an application with the Office of the Comptroller of the Currency"

A U.S. federal regulator that oversees and enforces rules for nationally chartered banks and federal savings associations, acting like a referee to make sure those institutions operate safely and follow banking laws. Investors care because the agency’s supervision, rule changes, or enforcement actions can affect a bank’s safety, profitability, lending ability and legal risks — all of which influence the value and stability of bank stocks and related financial assets.

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Inline XBRL technical

"Cover Page Interactive Data File (embedded within the Inline XBRL document)"

Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What regulatory change did Chemung Financial Corporation (CHMG) announce?

Chemung Financial Corporation announced that its subsidiary, Chemung Canal Trust Company, filed an application with the OCC to convert from a New York chartered trust company to a national bank, which would place it under national bank regulation if approved.

Which Chemung Financial (CHMG) subsidiary is involved in the charter conversion?

The subsidiary is Chemung Canal Trust Company, a wholly owned unit of Chemung Financial Corporation. It currently operates as a New York chartered trust company and has applied to become a national bank regulated by the Office of the Comptroller of the Currency.

Who must approve Chemung Financial’s proposed national bank conversion?

The Office of the Comptroller of the Currency (OCC) must approve the application. The filing states that Chemung Canal Trust Company’s conversion from a New York chartered trust company to a national bank is subject to OCC approval as the regulator of national banks.

How did Chemung Financial Corporation (CHMG) disclose the charter conversion plan?

Chemung Financial Corporation disclosed the plan in a current report, stating that Chemung Canal Trust Company filed an application with the OCC to convert to a national bank. The disclosure identifies the OCC as the approving regulator for the proposed conversion.

What is Chemung Canal Trust Company’s current charter status within Chemung Financial?

Chemung Canal Trust Company is currently a New York chartered trust company and a wholly owned subsidiary of Chemung Financial Corporation. The company has now applied to the OCC to change its status and operate as a national bank instead.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

UNITED STATES OF AMERICA

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): April 7, 2026 (April 3, 2026)

CHEMUNG FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

New York		001-35741		16-1237038
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

One Chemung Canal Plaza, Elmira, NY 14901

(Address of principal executive offices) (Zip Code)

(607) 737-3711

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class		Trading symbol		Name of exchange on which registered
Common stock, par value $0.01 per share		CHMG		The Nasdaq Stock Market LLC

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:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 8.01

Other Events

On April 3, 2026, Chemung Canal Trust Company, the wholly owned subsidiary of Chemung Financial Corporation, filed an application with the Office of the Comptroller of the Currency (the “OCC”) to convert from a New York chartered trust company to a national bank. The conversion is subject to the approval of the OCC, the regulator of national banks.

ITEM 9.01

Financial Statements and Exhibits

(d) Exhibits

	Exhibit No.

	104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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.

	CHEMUNG FINANCIAL CORPORATION

April 7, 2026	By: /s/ Dale M. McKim III
	Dale M. McKim III
	Chief Financial Officer and Treasurer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents