Lehigh Valley Railroad Station, Ithaca, New York

Chemung Canal Trust Company is a

New York State New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. stat ...

chartered

trust company A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trust ...

based in

Elmira, New York Elmira () is a city and the county seat of Chemung County, New York, United States. It is the principal city of the Elmira, New York, metropolitan statistical area, which encompasses Chemung County. The population was 26,523 at the 2020 cens ...

. It was founded as a publicly traded bank in 1833. In 1857, the Arnot family gained control of the bank and operated a private family bank until 1903, when the bank again became publicly owned. Originally housed in the

Chemung Canal Bank Building The Chemung Canal Bank Building is located at 415 East Water Street in Elmira, New York, Elmira, Chemung County, New York, United States. It is thought to be the oldest commercial building in Elmira. The Chemung Canal opened in 1832 and constru ...

, the bank moved to 129 East Water Street in 1920, and then to its current home at One Chemung Canal Plaza in 1971. In 1951, the bank began expanding and currently has branches throughout the

Twin Tiers The Twin Tiers are the collective counties that lie on the New York-Pennsylvania border on either side of the 42nd parallel north. The region is predominantly rural and contains many small towns. Separately, the two halves of the Twin Tiers regi ...

. In 2011, the bank acquired the Fort Orange Financial Corp. and its subsidiary Capital Bank & Trust Company of Albany, New York, expanding its network to the Albany area.

References

External links

Chemung Canal Trust Company official website
Financial services companies based in New York (state) {{US-bank-stub