BUFFALO, N.Y., Dec. 14, 2016 -- Effective Thursday, December 15, 2016, M&T Bank (NYSE: MTB) will increase its prime lending rate from 3.50% to 3.75%.

About M&T Bank:

M&T Bank is a financial holding company headquartered in Buffalo, New York.  M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia.  Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.

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