M&T Bank was founded as the Manufacturers & Traders Bank. Today, M&T Bank is one of the top 20 banks in the nation, but they operate as a community bank committed to strengthening their service areas. As they have grown, their approach to banking has not changed as they are actively involved in their communities and focused on understanding their customers’ needs.
In 2022, M&T Bank acquired People’s United Bank. Founded in 1842, People’s United Bank, a premier, community-based, regional Northeast bank with more than 5,500 employees offering commercial and retail banking, as well as wealth management services, has a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine. They also offered over 148 convenient Stop & Shop branch locations in Connecticut and New York, offering full-service, extended hour banking, seven days a week.