M&T Bank announced today it has become a new sponsor of the Ferrario Southern Tier Jazz Festival, the premier summer jazz concert in the Elmira and Corning area. To celebrate its sponsorship, M&T Bank will launch a new initiative to collect musical instruments for local students at the Jazz Festival.
M&T Bank, which leads the multi-stakeholder not-for-profit BPN, will invest approximately $1.6 million to renovate the first floor of a building on the Gerard Place campus to serve as the ‘Buffalo Promise Neighborhood Children’s Academy at Gerard Place.’
M&T Bank Corporation ("M&T") (NYSE: MTB) announced today that the Federal Reserve did not object to M&T’s 2017 Capital Plan and its proposed capital actions for the four quarter period beginning July 1, 2017.
M&T Bank has received an “Outstanding” Community Reinvestment Act (CRA) rating from the New York State Department of Financial Services, representing the highest possible rating of how well the bank helps meet the credit needs of the entire community, including low-to-moderate income neighborhoods within New York State.
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