Chemung Canal Trust Company Enhances Services to Non-Profit Organizations

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Trust Company initiates web-based platform to serve philanthropic organizations and their donors.

Stellar Technology Solutions LLC (http://www.stellartechsol.com), a leading provider of web-based philanthropic management software, today announced that the Chemung Canal Trust Company (Elmira, NY) has implemented Stellar’s Participant Accounting Operations Platform®. The platform supports the processing needs of endowment type philanthropic organizations and the funds of their donors.

Chemung Canal Trust Company is an independent community bank which has served the financial needs of businesses and individuals for over 175 years. Chemung Canal Trust Company plans to use the Stellar platform to enhance its service offerings to the philanthropic market in the communities served by the Company.

About Chemung Canal Trust Company
Established in 1833 and headquartered in Elmira, Chemung Canal Trust Company, is a full service community bank with full trust powers. Chemung Canal operates 23 full service branches, with offices located in Broome, Chemung, Steuben, Schuyler, Tioga and Tompkins counties in New York and in Bradford County, Pennsylvania. In April 2011 Chemung Canal purchased Capital Bank & Trust in Albany, NY and now operates 5 additional full service offices in Albany and Saratoga counties under the name: Capital Bank, a division of Chemung Canal Trust Company. Chemung Financial Corporation, headquartered in Elmira, New York, was incorporated in 1985 as the holding company for Chemung Canal Trust Company. Chemung Financial Corporation is also the parent of CFS Group, Inc., a financial services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance. CFS Group, Inc. was founded in 2001.

About Stellar Technology Solutions LLC
Stellar Technology Solutions, LLC is a leading provider of integrated enterprise level philanthropic management software for charitable organizations and for financial institutions providing services to nonprofit organizations. Stellar’s iPhi CoreEnterprise® and iPhi Participant Accounting Operations Platform® administer over $12 billion in assets for some of the largest and most well-respected Community Foundations, Religious Endowment Philanthropies and Commercially Sponsored Donor Advised Fund, Planned Giving and Endowment Programs in the nation.

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John Coogan

Yvonne Albee
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