Chemung Financial Corp Salary

As of October 2026, the average annual salary for employees at Chemung Financial Corp in the United States is $100,638. This translates to an approximate hourly wage of $48. Salaries at Chemung Financial Corp typically range from $88,181 to $114,220 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Chemung Financial Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Chemung Financial Corp. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $779,030. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Chemung Financial Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Chemung Financial Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Bank of Nevada $104,837
+4.2%
Adjusted for higher cost-of-living indices in Bank of Nevada's primary metro hubs.
Sparus Holdings Inc $101,778
+1.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Mei Retail Holdings I LLC $110,121
+9.4%
Reflects structural premiums typical of Mei Retail Holdings I LLC's large-cap national operations.
First National Bank - Tinker Air Force $95,797
-4.8%
First National Bank - Tinker Air Force likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $121,514
+20.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Chemung Financial Corp

Considering a career at Chemung Financial Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
There isn’t much room to innovate, but deadlines and responsibilities are consistently met. Fast-paced, but rewarding environment. What sets this financial company apart is its unwavering focus on client success. The company's strong performance, even in challenging markets, speaks to leadership's effectiveness. Management leads by example, emphasizing long-term relationships over short-term gains...
Strong focus on innovation and results. Leadership actively promotes equity through hiring practices, ERGs, and unconscious bias training. I’ve learned a lot and felt supported the whole time. Leaders are open-minded, coworkers are motivated, and the goals are ambitious but attainable. There’s a genuine effort to match people’s roles with their long-term strengths and interests. Promotions happen ...
A solid company with strong systems in place. The financial tools are advanced, and coworkers collaborate effectively. Ethical standards guide daily operations strongly.

Chemung Financial Corp Overview

Website
www.chemungcanal.com
Founded In
1833
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
1 Chemung Canal Plz Elmira New York NY 14902
Revenue
$50 Million - $200 Million
Phone Number
+1 6077373711
Social Media
About Chemung Financial Corp
Chemung Financial Corporation is a financial services holding company headquartered in Elmira, New York and operates retail offices through its principal subsidiary, Chemung Canal Trust Company, a full service community bank with trust powers.

What Benefits Does Chemung Financial Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Chemung Financial Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Binghamton?

Understanding the cost of living near Binghamton is key to truly evaluating a salary offer or your current compensation at Chemung Financial Corp.
Binghamton's Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 33.2% less than NY average). Southern Tier city (Binghamton Univ.), affordable. BC Transit. When planning your budget based on a salary from Chemung Financial Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Chemung Financial Corp salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (BC Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,120 - $3,430+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Chemung Financial Corp

1. What is the average salary for employees at Chemung Financial Corp?

The average annual total compensation for employees at Chemung Financial Corp is approximately $100,638. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,181 to $114,220, depending on factors like job role, experience, and location.

2. How much does Chemung Financial Corp pay compared to Bank of Nevada?

The average annual salary at Chemung Financial Corp is $100,638, or an hourly wage of $48, in comparison to Bank of Nevada which pays $104,837 per year or $50 per hour.

3. What is the lowest salary at Chemung Financial Corp?

The lowest-paying job at Chemung Financial Corp is a Manager, Loans Operations with a salary of $153,931 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Chemung Financial Corp?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Chemung Financial Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Chemung Financial Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Binghamton?

While some companies offer formal COLA, many, including potentially Chemung Financial Corp, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Chemung Financial Corp?

Most companies, likely including Chemung Financial Corp, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.