Item 8.01. Other Events.

On January 27, 2020, Chemung Financial Corporation ("the Corporation") announced that Chemung Canal Trust Company ("the Bank"), the wholly-owned subsidiary of the Corporation has filed a notification with the New York State Department of Financial Services ("NYSDFS") and the Federal Reserve Bank of New York ("FRBNY"), that the Bank intends to close its Towanda, Pennsylvania branch office at 304 Main Street, Towanda, PA 18848, on or about April 30, 2020. The Bank will continue to serve Bradford County with its offices located in Canton and Troy, as well as the nearby Waverly Office.

As of December 31, 2019, the Corporation recognized a $300 thousand write down of the Towanda, Pennsylvania property. The closure is subject to customary conditions and contingencies including the non-objection of the FRB and NYSDFS, among others.

The press release is furnished as Exhibit 99.1 to this report.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

99.1 Press Release of Chemung Canal Trust Company dated January 28, 2020.

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