M&T Bank

M&T Bank Corporation is a United States bank holding company. Founded in 1856 in western New York state as "Manufacturers and Traders Trust Company", the company is today headquartered in Buffalo.

As of 2014, M&T Bank held $134.4 billion in assets, making it the 17th largest commercial bank holding company in the U.S. It operates more than 700 branches in New York, New Jersey, Pennsylvania, Maryland, Delaware, Virginia, West Virginia, and Washington, D.C. It also operates private wealth offices across the United States and in Europe.

Warren Buffett's Berkshire Hathaway financial investment syndicate owns 5.66% of M&T's shares. The bank owns the original Buffalo Savings Bank building in downtown Buffalo. M&T Bank also sponsors M&T Bank Stadium, home of the Baltimore Ravens.

History

From 1987 to 2009, M&T Bank acquired 20 companies.

In 1998, M&T Bank acquired the assets of OnBank in Syracuse, New York.In 1999 M &T Bank acquired 29 chase bank branches in New York State with the exception of Rochester and Syracuse Branches.

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