Company Overview Visit mtb.com website
M&T Bank Corp headquarters located at Buffalo, New York and it is classified as a commercial bank with the federal government of the United States. This means it takes deposits and invests money for people and gives loans to individuals and commercial businesses. M&T Bank got this status on 1985 after buying People's bank based at Geneva, New York. After this merger, M&T expanded their business to other countries such as Pennsylvania, Maryland and Virginia.
M&T had more than 2000 employees working on 2005 and was ranked 40 th among top US banks by total assets (Moyle, 2011). It offers deposit products like checking accounts; savings accounts; IRA; mutual funds and certificates of deposit (CDs). It is known for giving its customers a high yield on their deposits. M&T Bank also offers lending products such as personal loans; home equity loans; car loans; commercial real estate loans and credit cards. The bank does not offer online banking but it has an interactive voice response system operating 24 hours a day, 7 days a week.