M&T Bank

Overview / Commentary
345 Main Street
Buffalo, NY 14203

M&T Bank is a publicly traded (NYSE: MTB), New York-based bank that offers an array of personal, business, and commercial banking products and services. With over 15,000 employees, and tens of billions of dollars in assets, M&T is one of the largest commercial banks in the United States.

On its personal banking side, M&T Bank offers checking, savings, Money Market, and Certificate of Deposit (CD) accounts, as well as investment guidance, retirement planning, and web trading services. Checking account options are numerous and range from free and basic to premium and interest bearing. The bank’s free and college checking account options are very similar and come with no monthly fees and a check card. The premium checking account offers minimal interest and has a monthly service charge that can be avoided by either keeping a minimum account balance or taking out a mortgage loan with the bank. All of M&T Bank’s checking accounts allow account holders to avoid an insufficient funds charge when the violating purchase is less than $5. A savings account is available with a low yield and a monthly service charge unless certain requirements are met. Two Money Market account options are available: one MMA has no monthly service fee but offers a low interest rate, and the other MMA offers more competitive rates with a monthly service charge. Certificates of Deposit (CDs) are available in term lengths ranging from 6 to 60 months.

M&T Bank online banking provides a secure system for account holders to view past transaction history, transfer funds, pay bills, and set account alerts. The M&T website is optimized for mobile banking, and the bank has released a smartphone app to make it easy and convenient to perform the above tasks while on the go.

M&T Bank was originally established in 1856 and is headquartered in Buffalo, New York. The bank is a subsidiary of M&T Bank Corporation, a bank holding company that has grown substantially through numerous acquisitions of financial institutions in the past 25 years. M&T Bank maintains a multitude of branches located throughout the Midwest, Northeast, and parts of south Florida.

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12 Month CD @ 5% - 7/24/2023

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M&T Bank, Nyack, NY

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Very friendly and very efficient service. Expert advice on mortgages and bank account strategies.

User Error Not The Bank

Posted by: |

Im reading all the bad reviews dying laughing at all the people blaming the bank who's following their rules for their stupidity. Take some responsibility once in awhile and realize the world doesn't revolve around you. And english is a must in the USA otherwise your fault. This country really needs to atop catering to non english speaking folks.
Anyway i agree their fees are excessive but just bank correctly and you won't have to deal with that and/or pay them fees. M&T has actually been a great bank for me and all the others have done me dirty. A block on overdrafts is imperative and should be used when i want it. M&t has where other banks go transaction crazy charging fee after fee just to increase that bill. Ive lost respect for most banks but m&t still keeps me going thankfully. When using your head regarding stuff and following their policies it's a good bank to use for direct deposit though they wait until the last second to release funds and to pay bills. Zelle is a bonus. For typical everyday money stuff they've been ok to me so far.

Backwoods Bank

Posted by: |

This bank is pretty lousy, they love to charges fees for everything like $3.00 to ach funds out for example.

Many items they are unable to do online but want you to go into the branch in 2023 - Do yourself a favor, Go anywhere but here... you will regret if you do anything here...

They Treat Family Of Their Deceased Customers Horribly

Posted by: |

Don’t work with MBT bank. My father in law passed away and he had a solar loan through them. The bank was horrible to work with, it was so hard to get in touch with them, they refused to work with us on the loan as we were trying to sell the house, sent us threatening letters demanding full payout of the loan, and the. They gave the title company the run around when we finally did get a buyer on his house. Not worth the headache!



Health Grade Components

FDIC Certificate #588
Year Established1856
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.4%
Return on Equity - YTD11.42%
Annual Interest Income$7.48B
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$208.6B$197.7B
LoansQ3 2023vs Q3 2022$130.3B$126.3B
DepositsQ3 2023vs Q3 2022$166.9B$167.1B
Equity CapitalQ3 2023vs Q3 2022$25.2B$24.18B
Loan Loss AllowanceQ3 2023vs Q3 2022$2.05B$1.87B
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$2.38B$2.43B
Real Estate OwnedQ3 2023vs Q3 2022$30.7MM$36.6MM
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† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

M&T Bank Savings Account Rates

0.01%$1$1mRelationship Savings
0.01%$1$1mM&T Starter Savings

M&T Bank Checking Account Rates

0.01%$1$1mMyChoice Premium Checking
0.01%$1$1mMyChoice Plus Checking

M&T Bank CD Rates

4.75%$1k$1m8 Month Promo CD
3.75%$1-24 Month Select CD


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