Chemung Canal Trust Company announced its plans with the upcoming opening of Canal Bank, a division of Chemung Canal Trust Company. Additionally, Tomson introduced Vincent M. Cutrona, who will serve as Canal Bank's President when the office opens. Cutrona brings more than 25 years of banking experience to Canal Bank, most recently working for Uniland Development Company in Amherst as the Director of Capital Markets.

Prior to his time with Uniland, Cutrona worked in the commercial banking division of Evans Bank in Williamsville for over 15 years.