Chemung Financial Corporation's subsidiary, Chemung Canal Trust Company, filed an application on April 3, 2026, to convert from a New York chartered trust company to a national bank, subject to OCC approval.
Key takeaways
Chemung Canal Trust Company, a wholly owned subsidiary of Chemung Financial Corporation, filed an application with the OCC on April 3, 2026.
The application seeks to convert the subsidiary from a New York chartered trust company to a national bank.
The conversion is subject to approval by the Office of the Comptroller of the Currency, the regulator of national banks.