M&T Bank

Also Known As: M&T Bank, M and T Bank, M&T, M and T, MT Bank

Commercial Lending

GENERAL INFO

Headquarters: Buffalo, NY
750 offices
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THE BUZZ…

NEWS AND UPDATES

Vault's Scoop

Uppers

“Very flexible in terms of work hours”
“Tremendous focus on efficiency”

Downers

“Work is needed” for retaining minorities
"Slow to adopt new technologies"

ABOUT THIS COMPANY:

Buffalo’s best
M&T Bank has been headquartered in Buffalo, N.Y., since 1856 when the Manufacturers and Traders Bank opened for business. Today, M&T trades on the New York Stock Exchange under its own name and symbol, MTB, which represents its holding company’s current title—M&T Bank Corporation.

From its base in Buffalo, M&T has extended its reach through New York, Maryland, Pennsylvania, Virginia, West Virginia, Delaware, New Jersey and Washington, D.C. With more than 750 branches, more than 1,800 ATMs and approximately $68.4 billion in assets as of March 31, 2010, M&T has become one of the top regional banks in the U.S.

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From the Community

REVIEWS

Inside opinions that matter, collected by Vault from employees at companies around the world.

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SALARIES

M&T Bank salary & compensation reviews include all signing and year-end bonuses, vacation time and other perks and reimbursements that make up total compensation.

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SURVEY SAYS

Sense of pride
The M&T culture is “collegial, with a strong sense of pride in the company.” Respondents call their bank “very down-to-earth,” even “old-school” and “pragmatic, with tremendous focus on efficiency.” The corporate headquarters “takes on the almost-Midwestern personality that is prevalent in Buffalo.” In other words, this can mean a “conservative and traditional” feel, though “people are generally pretty nice,” especially at company headquarters. “Other locations have more fragmented cultures,” a source reports. Another describes the bank as being distinctly divided between “Western New York and the Mid-Atlantic.”

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DISCUSSIONS

New Topic: Starting MDP in Baltimore July '07
I just completed the interview process and have been offered a position in the MDP starting in July of '07. Any other offers out there? I'm l …

New Topic: Summer EA Program
I have an on-campus interview next week with M&T, does anyone have any info on types of questions to be ready for? Thanks. …

Getting Hired

Tips from the inside

Plenty of opportunities
Recruiters at M&T “look for fit more than anything else,” according to insiders. “The firm is fairly” (or “moderately”) selective for most positions, with the exception of its executive associate program, which is described as “very selective.”

M&T seeks candidates at a number of schools, including University of Virginia, University of Maryland, Duke, Harvard, University of Michigan, University at Buffalo, University of Rochester, Georgetown, University of Chicago, Cornell, Penn and Carnegie Mellon. “If your educational background is from a top-tier undergrad school or one of the recruited MBA programs, and your work experience shows loyalty to one employer with substantial experience, the process runs smoothly,” a source says. Adds another, “If you make it out of the initial on-campus interview process, they do a good job of giving you opportunities to interview with multiple groups in multiple locations.”

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Company Initiatives

Leadership Development Programs

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