![]() The company opened its first office on August 29 of that year at 2 East Swan Street in Buffalo. Henry Martin, former president of the Attica and Buffalo Railroad, is appointed the first president and assigned a salary of $1,000 a year. As a result, businessmen Pascal Pratt and Bronson Rumsey founded M&T Bank in 1856 as "Manufacturers and Traders Trust Company". In the mid-19th century, few banking options existed for the growing number of manufacturers in the city of Buffalo. Wilmington Trust is a subsidiary of M&T Bank Corporation, offering global corporate and institutional services, private banking, investment management, and fiduciary services. M&T Bank is the official bank of the Buffalo Bills in Western New York and of their home Bills Stadium in Orchard Park, New York. It also sponsors M&T Bank Stadium, home of the Baltimore Ravens, as well as the University at Buffalo (M&T Bank Auditorium, M&T Bank Atrium). ![]() The bank owns the Buffalo Savings Bank building in downtown Buffalo, Bridgeport Center in Bridgeport, Connecticut, and the M&T Tech Hub in the Seneca One Tower. Other than Northern Trust, M&T was the only bank in the S&P 500 Index not to lower its dividend during the financial crisis of 2007–2008. M&T Bank has been profitable in every quarter since 1976. Until May 1998, the bank's holding company was named First Empire State Corporation. It operates 1,000+ branches in 12 states across the Eastern United States, from Maine to Northern Virginia. ![]() M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. Map of M&T Bank branches, as of February 2021 M&T Center, Buffalo ![]()
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