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Map of M&T Bank branches, as of February 2021 M&T Center, Buffalo. M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. [2] It operates 1,000+ branches in 12 states across the Eastern United States, from Maine to Central Virginia.
On August 27, 2012, Hudson City Bancorp agreed to a buy-out by Buffalo, New York–based M&T Bank for $3.7 billion. M&T was to gain $25 billion in deposits and $28 billion in loans, along with 135 branch locations, 97 of which are located in New Jersey. [3] [4] [11] Thereafter, Hudson City Bancorp became a better buyer of all specified pools ...
In 1992, Jones joined M&T Bank as an executive associate. [1] [2] From 2005 to 2016, Jones was CFO of M&T Bank. [3] In 2017, he was appointed as chairman and CEO of M&T Bank. [1] [2] [4] In 2022, he was elected a director of the Federal Reserve Bank of New York. His term will run through the end of 2024. [5]
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Bridgeport Center (also known as the People's Bank Building) is a continuous complex of low to mid-rise office buildings in downtown Bridgeport, Connecticut. The complex served as the headquarters of People's United Financial, now a subsidiary of M&T Bank. It is to serve as the regional headquarters of M&T Bank in New England. [2]
Like the rest of Long Island's North Shore, Sands Point is situated on a terminal moraine, known as the Harbor Hill Moraine. [ 9 ] [ 10 ] This moraine was formed by glaciers during the Wisconsin Glacial Episode , and is named for Harbor Hill in Roslyn ; Harbor Hill is the highest geographic point in Nassau County.
In 2005, the bank acquired Main Street Banks of metro Atlanta for $622 million. [48] In 2006, the bank acquired Coastal Federal Bank, based in Myrtle Beach. [49] In late 2008, the bank accepted $3.1 billion in bailout money through the sale of preferred shares to the U.S. Treasury's Troubled Asset Relief Program.