The Chiefs were admitted into the newly created seven team
Atlantic Coast Hockey League in September 1981. With the IMHL now indefinitely suspended, Critelli focused being the owner of the Chiefs and hired Pete Crawford as the team's coach and general manager. The Chiefs would play the first game in ACHL history, defeating the
Cape Cod Buccaneers 5-2 on October 24, 1981 in front of a small crowd of 650 fans. The team was relatively successful on the ice, going 4–4 in their first eight games. However, Critelli had financial problems with the team. He could not produce the $15,000 performance bond, which was required by the league prior to the start of the season. The team suspended play and the league subsidized the Chiefs, primarily to help Critelli sell the team. After an 8–2 loss against the
Salem Raiders in front of 350 fans, officials decided to suspend the franchise again on November 11, 1981. The league attempted to move the franchise to
Richmond without success. After no local buyers were willing to take over the team, the league held a meeting on November 15, 1981 in which they voted to terminate the Chiefs effective on the 16th. With six of their nine games being played at the Schenectady Civic Center, the Chiefs averaged less than 400 fans a game. ==Season-by-season results==