Chemung Financial CHMG Savings deposits
Savings deposits at other companies
Other financials
Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDepositLiabilities.
The official record: Chemung Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Chemung Financial's savings deposits?
- Chemung Financial (CHMG) reported savings deposits of $1.67B in Q1 2026.
- How has Chemung Financial's savings deposits changed year-over-year?
- Chemung Financial's savings deposits decreased by 7.8% year-over-year, from $1.81B to $1.67B.
- What is the long-term trend for Chemung Financial's savings deposits?
- Over 5 years (2020 to 2025), Chemung Financial's savings deposits has grown at a 3.0% compound annual growth rate (CAGR), from $1.42B to $1.65B.
- What does savings deposits mean?
- This category encompasses interest-bearing savings and money market accounts that provide customers with liquidity while earning a modest return. These deposits serve as a stable, core funding base for the bank's lending activities. The growth and retention of these balances are critical indicators of the bank's ability to attract and maintain retail and commercial customer relationships.