Chemung Financial (CHMG) 8-K Chemung Financial & Canton (PA) Bancorp to Merge

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):		December 17, 2008
Commission file number: 0-13888
CHEMUNG FINANCIAL CORPORATION (Exact name of Registrant as specified in its charter)
New York (State or other jurisdiction of incorporation or organization)		16-123703-8 (I.R.S. Employer Identification No.)
One Chemung Canal Plaza, Elmira, NY 14901 (Address of principal executive offices) (Zip Code) (607) 737-3711 (Registrant's telephone number including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(B) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 8.01	OTHER EVENTS
On December 17, 2008, Chemung Financial Corporation ("Chemung Financial") the holding company for Chemung Canal Trust Company and Canton Bancorp, Inc. ("Canton Bancorp"), the holding company for Bank of Canton, have executed a Letter of Intent to merge. Consummation of the merger is subject to the execution of a definitive agreement, receipt of regulatory approvals and the approvals of the shareholders of Canton Bancorp.
ITEM 9.01	FINANCIAL STATEMENTS AND EXHIBITS

Exhibit No.
99.1	Press Release dated December 17, 2008.

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
	CHEMUNG FINANCIAL CORPORATION
December 17, 2008	By: Ronald M. Bentley
	Ronald M. Bentley
	President & Chief Executive Officer