Chemung Canal Trust Company Announces Opening of Temporary Branch at Owego Location

By WBNG News

Chemung Canal Trust Company Announces Opening of Temporary Branch at Owego Location

September 28, 2011 Updated Sep 28, 2011 at 7:33 PM EDT

Elmira, N.Y. (WBNG Binghamton) -- Chemung Canal Trust Company announced Wednesday that on Thursday, September 29th it will open a temporary branch facility on Route 17C in Owego. 

The facility sits in front of the former CCTC location, next to the Treadway Inn and in front of the Hampton Inn.

“Our two Owego branch offices have been closed since the flooding that devastated parts of the community earlier this month,” said Michael J. Wayne, CCTC Senior Vice President & Director of Marketing.  “We have worked diligently to restore banking access to our Owego customers and we hope the opening of this temporary branch will ease the inconvenience caused by this disaster.”

According to Wayne, the facility will be fully staffed and will accommodate all banking transactions and lending activities available prior to the flooding.  The branch will be open Monday through Wednesday from 8:30 a.m. until 5:00 p.m., Thursday and Friday from 8:30 a.m. until 6:00 p.m. and on Saturday’s from 9:00 a.m. until noon.  The office telephone number is (607) 687-5758.

“We have appreciated the patience shown by our Tioga County customers over the past several weeks while we worked to re-establish our presence,” Wayne said.  “It was important for us to open a full service, fully secure facility to accommodate the needs of our existing customers and to help our neighbors in their efforts to rebuild their homes and lives during the weeks and months to come.”

In order to accommodate on-site parking, there is no drive-in window at the temporary facility, Wayne said.  The Bank is continuing efforts to install an ATM either at this temporary facility or at Bank’s Main Street, Owego location.  In the meantime, Chemung Canal is waiving ATM fees for its’ Tioga, Broome or Bradford County customers using a non-CCTC owned ATM, although the owner of the ATM may assess a fee.

Wayne said the Bank is continuing the effort to clean and evaluate the condition of our two current Owego offices.  “We will be rebuilding,” he added “but it will be a project that will take many months to complete.”

“Our experience as a dislocated business has heightened our understanding of the challenges facing the residents and business owners impacted by the flooding,” Wayne added.  “We’re offering special loan products, counseling homeowners and businesses, and assisting charities and local relief efforts.  We’ve been a part of this region for more than 175 years; we recognize the significance of the obstacles ahead but have confidence in the resilience of our customers, friends and neighbors.  We are eager to play a role in rebuilding and revitalizing our communities”