Chemung Financial Corporation Appoints Jeffrey P. Kenefick as Regional President
January 05, 2021 at 04:12 pm EST
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Chemung Financial Corporation announced that Jeffrey P. Kenefick has been named Regional President. Mr. Kenefick, who will also become part of the bank’s Executive Management Team, joined Chemung Canal in 2019 and currently serves as Senior Vice President and Commercial Loan Manager. As Regional President, Mr. Kenefick will provide leadership throughout the Chemung Canal markets, identifying opportunities for growth and outreach in partnership with the bank’s Market Teams. These markets includes the Southern Tier, the Finger Lakes, Central and Western New York, and Bradford County, Pennsylvania. In addition to his oversight of the bank’s expansion into Buffalo, Mr. Kenefick will continue to manage the Commercial Lending Department and will take over responsibility for the Residential and Consumer Lending Departments. Mr. Kenefick has more than 31 years of banking experience, including a significant concentration in commercial banking. Prior to joining Chemung Canal, Mr. Kenefick served as an Executive Vice President and Regional President at Five Star Bank. He is an active community supporter, currently serving on the Boards of Directors at Corning Guthrie Hospital (Vice Chairman), the Chemung County Chamber of Commerce (Chairman), Three Rivers Development Corporation (Treasurer), Southern Tier Economic Growth, and several others.
Chemung Financial Corporation is a financial services holding company. The Company operates about 31 offices through its principal subsidiary, Chemung Canal Trust Company (the Bank), a full-service community bank. The Company is also the parent company of CFS Group, Inc., a financial services subsidiary offering non-traditional services, including mutual funds, annuities, brokerage services, tax preparation services and insurance. The Company, through the Bank and CFS, provides a range of financial services, including demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services. Its core banking segment attracts deposits from the general public and uses such funds to originate consumer, commercial, commercial real estate, and other loans. Its WMG services segment offers trust and investment advisory services to clients.