M&T Bank and First Horizon National Corp.
"This is a tremendous opportunity to expand our presence in the Mid-Atlantic region, a dynamic and important market for our company. The transaction expands our branch network, adds new deposit, loan and investment balances and gives us new customers to serve," said Atwood "Woody" Collins III, President of M&T's Mid-Atlantic Division. "Our new customers will find the same friendly and experienced associates and a wider network of branches and ATMs to choose from, and our new employees will find that M&T Bank is deeply committed to their success and to the success of the customers and communities we serve."
As a result of the transaction, M&T Bank increases its branch number in the Greater Washington market to 56 and in Greater Baltimore to 77. The transaction is subject to regulatory approvals.
M&T Bank is the principal bank subsidiary of M&T Bank Corporation
Web site: http://www.mtb.com/