[3] After seventeen years of planning and a National Endowment for the Humanities Challenge Grant, renovations to the museum and head office building were completed in 1993.

The building was remodeled in 1903 by the architectural firm Pierce and Bickford when the Chemung Canal Bank merged with the Elmira Trust Company.

[3] At the heart of the Chemung County Historical Society lies its collection of documents, photographs, books, maps, and artifacts.

The Chemung Valley History Museum generally has upwards of 200 items on display, slightly less than 2% of the total collection.

[5] The long-term exhibit which was redone in early 2014, located in the Bank Gallery, which features an overview of Chemung County history and an in-depth view of Mark Twain's Elmira.

The society also received a Certificate of Commendation for the exhibit "Til Death Do Us Part: Wedding and Funeral Traditions in Chemung County" in 2013 from MuseumWise.

[7] The American Association for State and Local History has given their Award of Merit and Certificate of Commendation for Chemung Valley History Museum exhibitions and programs including: A Heritage Uncovered: the Black Experience in Upstate New York; Outsiders All: Nineteenth Century Prisons, Mental Hospitals and Asylums; and The High Line: A City Divided, A City United.

A National Award of Merit was presented to the society from the Retirement Research Foundation for the video, A Heritage Uncovered, and its subsequent broadcast on PBS Television Network.