Approval of Application by Chemung Financial Corporation, Elmira, New York

The Federal Reserve Bank of New York approved applications by Chemung Financial Corporation, Elmira, New York, for prior approval of the Board to acquire Fort Orange Financial Corp., and its wholly-owned subsidiary, Capital Bank Trust Company, both of Albany, New York.

Date

January 24, 2011

Cross References (links may require a Cabinet subscription)

Sections 3(a)(3) and 3(a)(5) of the BHCA