M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company, or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB." M&T Bank Corporation had $123 billion in assets as of December 31, 2015, and is one of the 20 largest commercial bank holding companies in the U.S. M&T Bank has over 800 domestic branches & over 1,500 ATM's across New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and Washington D.C.The staff at M&T Bank come from unusually diverse demographic backgrounds. The company is 58.0% female and 42.2% ethnic minorities. Despite its diversity in other areas, M&T Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 68.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. M&T Bank has great employee retention with staff members usually staying with the company for 5.1 years.The average employee at M&T Bank makes $45,852 per year. Pay at M&T Bank is significantly lower than some of its highest paying competitors, like Morgan Stanley, BNY Mellon, and Bank of the West, which pay $103,933, $86,819, and $83,013, respectively.M&T Bank is an industry leader with 16,840 employees and an annual revenue of $499.0M that is headquartered in Buffalo, NY.
M&T Bank's Mission Statement
We strive to be the best company our employees ever work for, the best bank our customers ever do business with, and the best investment our shareholders ever make.
I have learned a lot of different jobs within my job and have plenty of experience with customers face to face and on the phone. I run the teller line and I am excellent in operations of the bank. My current title right now is ops coordinator
Cons of working at M&T Bank
There really are not too many. The first is pay for what you do there it is not upgraded a lot. The benefits are not the best and the chance for advancing there are minimal
M&T Bank Benefits
My favorite is working with people I love and not being pushed around to the other offices
What do you like best about M&T Bank's CEO and the leadership team?
is that they let you do your job and leave you alone unless there is a problem or you need help they are there for you.
How would you improve M&T Bank's culture?
I would pay people for what they deserve and I would have better cheaper benefits so that they could keep their families healthy
How did you prepare for the M&T Bank interview?
It was 37 years ago I don't quite remember. I would try to sell myself but I would not be a know it all person
How does your compensation at M&T Bank compare to the industry average?
I feel that it is lower than other places that I have heard about
What's the diversity at M&T Bank like?
I am not sure I believe everything they do is for everyone
What brings you the most joy at M&T Bank?
Helping people not just with banking but being friends with the customers and co workers
Is this useful?
4.0
A zippia user wrote a review on Aug 2023
Pros of working at M&T Bank
I love to work here for data analysis
Cons of working at M&T Bank
There has no senior above me
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5.0
A zippia user wrote a review on Jul 2023
Pros of working at M&T Bank
I thoroughly enjoyed working with my coworkers. It was a friendly atmosphere and I was motivated to go to work every day
Cons of working at M&T Bank
Discuss a positive aspect of your previous role. Talk about tasks and situations when highlighting your dislikes
M&T Bank Benefits
The best benefits for employee happiness. Greater recognition for their work
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5.0
A zippia user wrote a review on Apr 2023
Pros of working at M&T Bank
Diversity, Community & Management
M&T Bank Benefits
Bank matches 401k contributions up to 6%
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3.0
A zippia user wrote a review on Mar 2023
Pros of working at M&T Bank
Good Environment
Cons of working at M&T Bank
Development Limited, less intervention of Management during problems
M&T Bank Benefits
Allowances, working time
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5.0
A zippia user wrote a review on Mar 2023
Pros of working at M&T Bank
Choose not to say. I will rather keep it private
Cons of working at M&T Bank
Nothing. It is a great place to work
M&T Bank Benefits
Annual Lumpsum
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5.0
A zippia user wrote a review on Dec 2021
Pros of working at M&T Bank
Successful coal company in bogota, Colombia. Big company, a lot of work experience
Cons of working at M&T Bank
It is not located in the United States
M&T Bank Benefits
Family Business
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4.0
A zippia user wrote a review on Oct 2021
Pros of working at M&T Bank
The experience,
Cons of working at M&T Bank
There was no support in certain situations.
M&T Bank Benefits
The commission
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4.0
A zippia user wrote a review on Jun 2021
Pros of working at M&T Bank
Health insurance and great environment
Cons of working at M&T Bank
Not enough money and not being remote
M&T Bank Benefits
My co workers
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5.0
A zippia user wrote a review on Apr 2020
Pros of working at M&T Bank
Customer service, work/life balance, company cares, promotion
M&T Bank Benefits
Incentive bonus, Personal time off
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The team at M&T Bank
The founders of M&T Bank is MT Bank Rudina Seseri.
The key people at M&T Bank is Ren F. Jones Cpa.
Key People
R
Ren F. Jones Cpa
M&T Bank Rankings
M&T Bank is ranked #63 on the Best Finance Companies to Work For in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
The average a M&T Bank salary in the United States is $45,852 per year.
M&T Bank employees in the top 10 percent can make over $89,000 per year,
while M&T Bank employees at the bottom 10 percent earn less than $23,000 per year.
Average M&T Bank Salary
$45,852
yearly
$22.04 hourly
Updated March 14, 2024
And if you're looking for a job, here are the top jobs M&T Bank is hiring right now:
Rate M&T Bank's commitment to diversity and inclusion.
M&T Bank diversity
9.9
Diversity Score
We calculated M&T Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of M&T Bank’s workforce.
M&T; Bank diversity summary. Zippia estimates M&T; Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated M&T; Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of M&T; Bank's workforce.
M&T; Bank has 16,840 employees.
58% of M&T; Bank employees are women, while 42% are men.
The most common ethnicity at M&T; Bank is White (58%).
16% of M&T; Bank employees are Black or African American.
13% of M&T; Bank employees are Hispanic or Latino.
The average employee at M&T; Bank makes $45,852 per year.
M&T; Bank employees are most likely to be members of the democratic party.
Employees at M&T; Bank stay with the company for 5.1 years on average.
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
M&T; Bank currently has 499.3M in revenue. M&T; Bank's most recent quarter produced 129.5m (q3'2023).
M&T Bank annual revenue
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Highest paying M&T Bank competitors
Compare M&T; Bank salaries to competitors, including Morgan Stanley, BNY Mellon, and Bank of the West. Employees at Morgan Stanley earn the highest average yearly salary of $103,933. The salaries at BNY Mellon average $86,819 per year, and the salaries at Bank of the West come in at $83,013 per year.
Zippia gives an in-depth look into the details of M&T Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about M&T Bank. The employee data is based on information from people who have self-reported their past or current employments at M&T Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by M&T Bank. The data presented on this page does not represent the view of M&T Bank and its employees or that of Zippia.
M&T Bank may also be known as or be related to M And T Bank Welfare Benefits Trust, M&T, M&T Bank, M&T Bank Corp. (Investment Management), M&T Bank Corporation and M&T Bank Inc.