May 20, 2018 12:56 PM ET


Company Overview of Manufacturers & Traders Trust Company

Company Overview

Manufacturers & Traders Trust Company, a regional bank, provides institutional fiduciary and agency services. It offers personal banking products and services that include checking accounts, savings, CDs, debit cards, reorder checks, health savings accounts, and ATM/debit card overdrafts; Visa credit cards, loans and lines of credit options, home equity and mortgage loans, and mortgage transfers; and investment, retirement planning, education savings planning, wealth protection and transfer, Web trading, financial planning, life insurance, and personal property insurance options. The company also provides business banking products and services that include checking, online payroll, business ...

One M&T Plaza

Buffalo, NY 14203

United States

Founded in 1856

Key Executives for Manufacturers & Traders Trust Company

Chairman & CEO
Age: 52
President, COO & Director
Age: 56
Executive VP & CFO
Age: 47
Senior Vice President and President of Greater Washington Division
Senior Vice President and President of Philadelphia Division
Compensation as of Fiscal Year 2017.

Manufacturers & Traders Trust Company Key Developments

The U.S. Equal Employment Opportunity Commission Sues M&T Bank for Disability Discrimination at Hudson City Savings Bank

The U.S. Equal Employment Opportunity Commission (EEOC) filed suit against M&T Bank, charging the company with numerous violations of federal disability discrimination law. The EEOC said the violations were committed by Hudson City Savings Bank (HCSB), which was merged into M&T Bank in 2015. In its lawsuit, the EEOC charged that HCSB failed to accommodate bank branch employees who notified the bank of a disability or a need for accommodation and that HCSB instead required them to either provide a certification from a medical provider stating that they could work with no restrictions or else be placed on leave. Employees who did not provide a clearance soon enough were discharged. For example, when a bank teller in Harrison, N.Y., was diagnosed with Achilles tendonitis and bone spurs and prescribed a cam walker boot, the bank required her to take involuntary leave instead of simply permitting her to wear the boot at work. When her condition did not improve quickly, the bank terminated her, even though she could have easily performed her job wearing the boot. EEOC said Other employees in HCSB branches in New York, New Jersey, and Connecticut were treated similarly. The EEOC filed suit in U.S. District Court for the Southern District of New York.

M&T Bank Announces Demise of President and Chief Operating Officer Mark J. Czarnecki

M&T Bank announced that President and Chief Operating Officer Mark J. Czarnecki died February 26, 2017 after an extended illness. He was 61. Mr. Czarnecki served as President of M&T Bank, the principal banking subsidiary of M&T Bank Corporation for the past decade. He was a member of the Boards of Directors of M&T and M&T Bank, and sat on M&T's Management Committee.

M&T Bank Announces the Promotion of Patrick Shager to Assistant Vice President and Middle Market Relationship Manager

M&T Bank announced the promotion of Patrick Shager to assistant vice president and middle market relationship manager. Shager most recently served as senior credit analyst at M&T Bank. As a middle market relationship manager, Shager manages a portfolio of loan and deposit relationships with businesses in the Binghamton and Ithaca regions. Shager was recently named to the Board of Directors for the YMCA of Broome County.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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