Manufacturers And Traders Trust Company
FDIC #588
📍 Buffalo, New York
Manufacturers And Traders Trust Company is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 01/01/1856. With assets of $208.61 Billion, it operates 985 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: May 22, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
May 22, 2023
Outstanding
September 7, 2020
Outstanding
September 29, 2014
Outstanding
🏛️ CFPB Complaint Summary
1,744
Total Complaints Filed (Last 3 Yrs)
Timely Response Rate100%
Dispute Rate0%
Top Complaint Categories:
- Checking or savings account 41%
- Mortgage 29%
- Mortgage 29%
💰 Financial Strength
Total Assets$208.61 Billion
Total Deposits$166.86 Billion
Equity Capital$25.20 Billion
Net Income$2.14 Billion
📈 Performance
ROA1.40%
ROE11.42%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1856
FDIC Cert588
Holding CoM&t Bank Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeJune 14, 2023
Foreign Offices3
SAIF InsuredNo
State CharteredYes
📜 Institutional History
9999
Relocation
Moved HQ to: 1 M And T Plz, Buffalo, NY 14203.
2022
Merger / Acquisition
Acquired: People's United Bank, National Association
2015
Merger / Acquisition
Acquired: Hudson City Savings Bank
2009
Merger / Acquisition
Acquired: Provident Bank Of Maryland
2008
Merger / Acquisition
Acquired: Partners Trust Municipal Bank