Bank · FDIC insured
Chemung Canal Trust Company
A $2.8B bank headquartered in Elmira, NY, with 30 branches in 2 states. Best rates: CDs 4.00% and savings 0.02% APY.
Chemung Canal Trust Company Carrot Score
63
Carrot Score
Higher than 9% of U.S. banks and credit unions
#19 of 25 in Albany, NY metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Chemung Canal Trust Company
Chemung Canal Trust Company is the oldest locally owned and managed community bank in New York, operating since October 22, 1833.
Headquartered at One Chemung Canal Plaza since August 1971, the bank opened its first branch office in June 1951.
The bank acquired Capital Bank in 2011 to serve the greater Albany area and introduced Canal Bank in 2024 to expand into the Buffalo region.
- Headquarters
- 1 Chemung Canal Plz, Elmira, NY 14901
- FDIC certificate
- 597 ↗
Branches
30 branches in 2 states
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New York
28 branches
Albany area · 7
- State Street Branch132 State St, Albany, NY 12207Directions
- Wolf Road Branch65 Wolf Rd, Albany, NY 12205Directions
- Clifton Park Office Branch7 Southside Dr, Clifton Park, NY 12065Directions
- Latham Branch581 Loudon Road, Latham, NY 12110Directions
- Wilton Branch3057 Route 50, Saratoga Springs, NY 12866Directions
- Schenectady Branch2 Rush St, Schenectady, NY 12305Directions
- Slingerlands Office Branch1365 New Scotland Rd, Slingerlands, NY 12159Directions
Elmira area · 6
- Chemung Canal Trust CompanyMain office1 Chemung Canal Plz, Elmira, NY 14901Directions
- Southport Branch951 Pennsylvania Ave, Elmira, NY 14904Directions
- West Side Branch628 W Church St, Elmira, NY 14905Directions
- Elmira Heights Branch100 W Mccanns Blvd, Elmira Heights, NY 14903Directions
- Arnot Road Office Branch29 Arnot Rd, Horseheads, NY 14845Directions
- Horseheads Branch602 S Main St, Horseheads, NY 14845Directions
Binghamton area · 4
- Binghamton Branch127 Court St, Binghamton, NY 13901Directions
- 203 Main Street Branch203 Main St, Owego, NY 13827Directions
- Vestal Branch100 Rano Blvd, Vestal, NY 13850Directions
- Waverly Branch405 Chemung St, Waverly, NY 14892Directions
Auburn area · 2
- Auburn - Genesee St Branch120 Genesee St, Auburn, NY 13021Directions
- Grant Avenue Branch185 Grant Ave, Auburn, NY 13021Directions
Corning area · 2
- West Morris Street Branch201 Bath And Hammondsport Railroad, Bath, NY 14810Directions
- Corning Branch149 W Market St, Corning, NY 14830Directions
Ithaca area · 2
- Community Corners Branch909 Hanshaw Rd, Ithaca, NY 14850Directions
- Ithaca South Branch304 Elmird Road, Ithaca, NY 14850Directions
Buffalo area · 1
- Canal Bank Branch5529 Main St, Buffalo, NY 14221Directions
Cortland area · 1
- Groton Avenue Branch1094 Groton Ave, Cortland, NY 13045Directions
Montour Falls area · 1
- Montour Falls Branch303 W Main St, Montour Falls, NY 14865Directions
Seneca Falls area · 1
- Seneca Falls Branch54 Fall St, Seneca Falls, NY 13148Directions
Watkins Glen area · 1
- North Franklin Street Branch318 N Franklin St, Watkins Glen, NY 14891Directions
Pennsylvania
2 branches
- Canton Branch5 W Main St, Canton, PA 17724Directions
- Troy Branch159 Canton St, Troy, PA 16947Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 11.38% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.38% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.40% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $100 | $88 | — |
- CapitalLeverage ratio11.38%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.38%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.40%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$100Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Chemung Canal Trust Company are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.