M&T Bank

Mobile Banking Use Fueled by Enhanced Financial Management Tools, Improved Demos and Advancing Virtual Assistant Skills

Retrieved on: 
Wednesday, September 13, 2023
BMO, Scorecard, Counties of South Sudan, M&T Bank, TD, PNC, Intelligence, Toronto-Dominion Bank, Bank, Region, PFM, Truist, Bank of America, Risk, Digital, API, Wells Fargo, Mobile app, Financial management, Mobile phone, U.S. Bancorp

WILMINGTON, Del., Sept. 13, 2023 /PRNewswire-PRWeb/ -- Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the Q3 2023 edition of its semi-annual Mobile Banker Scorecard. For the fifth consecutive time, U.S. Bank earned top honors for its mobile banking capabilities and customer experience, ranking No. 1 for Overall Score in an evaluation of the country's 17 leading mobile banking offerings and placing first for Mobile App banking as well.

Key Points: 
  • For the fifth consecutive time, U.S. Bank earned top honors for its mobile banking capabilities and customer experience, ranking No.
  • 1 for Overall Score in an evaluation of the country's 17 leading mobile banking offerings and placing first for Mobile App banking as well.
  • --Susan Foulds, Managing Director, Keynova Group
    The Q3 2023 Mobile Banker Scorecard reveals a rise in personal financial management (PFM) tools for mobile, the growing importance of demonstrating banks' mobile apps to prospective customers with informative self-directed tours or videos, and advancements in intelligent virtual assistant skills.
  • Simulated tours of mobile apps that showcase customer journeys for various banking and payment activities, including virtual assistants and financial management resources, is crucial to winning new customers."

Catholic Partnership Schools’ Executive Director Named A Finalist For 2023 Opus Prize and Its $1 Million Award to Organization

Retrieved on: 
Wednesday, August 30, 2023
Opus, The Mr. Holland's Opus Foundation, Poverty, M&T Bank, Education, Villanova, Hope, Walker, OSA, Grandparent, Doctor of Philosophy, Organization, Villanova University, Student, Restless, Work, MD, Trustee, Restless Hearts, CPS, Child, City, Catholic Church, Family, Tutoring, Nursing, Pharmaceutical industry, Delaware Valley

CAMDEN, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Jameka Walker, Executive Director of Catholic Partnership Schools (CPS), has been named a finalist for the 2023 Opus Prize, an annual faith-based humanitarian award that recognizes social entrepreneurship.

Key Points: 
  • CAMDEN, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Jameka Walker, Executive Director of Catholic Partnership Schools (CPS), has been named a finalist for the 2023 Opus Prize, an annual faith-based humanitarian award that recognizes social entrepreneurship.
  • The 2023 Prize, which comes with $1 million to the winner’s organization, will be awarded at Villanova University on November 9, 2023.
  • 2023 Opus Prize jury members include leaders from the Greater Philadelphia arts, business, non-profit, faith and civic communities.
  • For more information on the 2023 Opus Prize, please visit the Villanova University Opus Prize website - www.villanova.edu/university/opus-prize

M&T Bank Announces New Branch in Bridgeport's East End Following Community's Input

Retrieved on: 
Wednesday, August 30, 2023
Honey, Workforce, State, M&T Bank, ATM, MTB, City, M&T, NYSE, Central Avenue, Clothing, Bank, Creative industries

BRIDGEPORT, Conn., Aug. 30, 2023 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced that it will open a new branch in Bridgeport's East End neighborhood.

Key Points: 
  • BRIDGEPORT, Conn., Aug. 30, 2023 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced that it will open a new branch in Bridgeport's East End neighborhood.
  • It is designed to address the city's needs, specifically its East End and East Side residents.
  • The East End branch will employ bankers with the cultural and linguistic skills to serve the surrounding community.
  • I applaud M&T bank for listening to the residents and small businesses on the dire need for a bank in the East End and delivering for the community," said Bridgeport Mayor Joe Ganim.

M&T CHARITABLE FOUNDATION ANNOUNCES CALL FOR PROPOSALS FOR AMPLIFY FUND PHASE II

Retrieved on: 
Wednesday, August 23, 2023
RFP, M&T Bank, Education, People's United Financial, Woman, Tenant, Southern Maine Coast, MTB, Investment, BIPOC, Infant, United Bank, Health, Food security, Mental health, NYSE, Tourism, Nursing

BUFFALO, N.Y., Aug. 23, 2023 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB), today launched the second phase of its Amplify Fund which provides support to nonprofit initiatives in legacy People's United communities that benefit low- and moderate-income communities and underrepresented populations. This new request for proposals (RFP) seeks nonprofit collaboratives focused on advancing equity using a racial equity and social justice lens in Connecticut, Massachusetts, Vermont, New Hampshire, southern Maine, Long Island, and New York's Westchester County.

Key Points: 
  • Amplify Fund's Phase II grants will provide funding for up to three years to nonprofit collaboratives working together toward a common goal of solving a specific social problem.
  • "The Amplify Fund provides targeted investments that are equitable, accessible, and responsive to local needs," said Dominique Goss, Executive Director of the M&T Charitable Foundation.
  • All RFPs under Phase II of the Amplify Fund are due by 5:00 p.m. on Friday, October 6, 2023, and can be submitted via https://mtb.versaic.com with the passcode AF-AEC.
  • For more information on the Amplify Fund, please visit the Amplify Fund website .

M&T Bank Corporation Announces Conference Call Dates to Review Third Quarter and Fourth Quarter 2023 Earnings and Quarterly 2024 Earnings

Retrieved on: 
Tuesday, August 22, 2023
MTB, NYSE, M&T Bank, Clothing

BUFFALO, N.Y., Aug. 22, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today that it plans to host conference calls to review quarterly financial results on the following dates:

Key Points: 
  • BUFFALO, N.Y., Aug. 22, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today that it plans to host conference calls to review quarterly financial results on the following dates:
    Third quarter 2023 – Wednesday, October 18, 2023, at 10:00 a.m. (ET)
    Fourth quarter 2023 – Thursday, January 18, 2024, at 10:00 a.m. (ET)
    First quarter 2024 – Monday, April 15, 2024, at 8:00 a.m. (ET)
    Second quarter 2024 – Thursday, July 18, 2024, at 8:00 a.m. (ET)
    Third quarter 2024 – Thursday, October 17, 2024, at 8:00 a.m. (ET)
    Fourth quarter 2024 – Thursday, January 16, 2025, at 8:00 a.m. (ET)
    M&T will issue a detailed announcement prior to each quarter's close confirming the date and time of the earnings release and conference call for that quarter.

Provident Bank Strengthens Long Island CRE Team with Three New Hires from Signature Bank

Retrieved on: 
Tuesday, August 22, 2023
Doral Financial Corporation, Bachelor of Science in Nursing, HSBC, Vice, Information, Senior, M&T Bank, Team leader, Long Island University, Credit analyst, Boston University, Provident Bank, Business administration, Provident, Community Bank, Knowledge, Master of Business Administration, CRE, Signature Bank, New York Community Bank, Management, Science, Economics, Boston College

Karl Seus of Northport, NY, has joined the bank as Senior Vice President, CRE Relationship Manager and Team Leader.

Key Points: 
  • Karl Seus of Northport, NY, has joined the bank as Senior Vice President, CRE Relationship Manager and Team Leader.
  • Prior to joining Provident, he was Senior Vice President/CRE Group Manager with Signature Bank in Melville, NY.
  • He has also held CRE leadership positions with M&T Bank, HSBC, Doral Bank, and New York Community Bank.
  • They are both responsible for originating, evaluating, and structuring commercial real estate transactions, cross-selling bank products, and increasing the bank’s visibility in the Long Island market.

M&T Bank Corporation to Participate in the Barclays Global Financial Services Conference

Retrieved on: 
Monday, August 14, 2023
Webcast, MTB, Conference, NYSE, M&T Bank, Clothing, Broadcasting

BUFFALO, N.Y., Aug. 14, 2023 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB) ("M&T") will participate in the Barclays Global Financial Services Conference being held in New York City.

Key Points: 
  • BUFFALO, N.Y., Aug. 14, 2023 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB) ("M&T") will participate in the Barclays Global Financial Services Conference being held in New York City.
  • Representatives of M&T are scheduled to deliver a presentation to investors and analysts on September 11, 2023, at 4:15 p.m. (ET).
  • A link to the webcast will be available at https://ir.mtb.com/events-presentations .
  • The webcast may contain material information as well as forward-looking information, and cautionary statements regarding such forward-looking information will be available on the webcast link.

Omega Announces $400 Million Senior Unsecured Term Loan

Retrieved on: 
Friday, August 11, 2023
Nursing, Health, Hospitals, Managed Care, Construction & Property, General Health, REIT, Royal Bank of Canada, Term loan, Truist Financial, Scotiabank, M&T Bank, BofA Securities, JPMorgan Chase, Omega, Regions Financial Corporation, Wells Fargo, Huntington Bancshares, Asset-backed security, ATM, Bank of America, Investment, Investment banking, Citizens Bank, Chase Bank, National Association, Bank, MUFG Bank, NYSE, Security (finance)

Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced that it has entered into a new two-year $400 million senior unsecured term loan (the “Term Loan”).

Key Points: 
  • Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced that it has entered into a new two-year $400 million senior unsecured term loan (the “Term Loan”).
  • The Term Loan includes an “accordion feature” that permits the Company to expand its borrowing capacity to an aggregate of up to $500 million.
  • The Term Loan will bear interest at a rate consistent with the Company’s existing $50 million term loan equal to (a) Term or Daily Simple SOFR plus a spread of between 0.85% and 1.85% or (b) the base rate plus a spread between 0.00% and 0.85%, with each spread determined based on the Company’s credit rating.
  • The Company also executed $400 million of variable-to-fixed interest rate swaps that fix the Secured Overnight Financing Rate (“SOFR”) variable component of the Term Loan at 4.015% for four years.

World's Most Successful Athletic Fundraiser Pan-Mass Challenge Brings Together Thousands of Cyclists to Raise $70 Million for Cancer Research

Retrieved on: 
Saturday, August 5, 2023
Volunteering, M&T Bank, Dana–Farber Cancer Institute, Cancer, PMC, Patient, Boston Red Sox, FDA, Health, Pan-Mass Challenge, Pharmaceutical industry, Property management, MD

BOSTON, Aug. 5, 2023 /PRNewswire/ -- On Saturday, August 5 and Sunday, August 6, the Pan-Mass Challenge (PMC), the world's single most successful athletic fundraiser, will bring together 6,500 riders and over 3,000 volunteers for its 44th ride. In 2023, the PMC has a record-breaking goal of raising $70 million for cancer research and patient care at Dana-Farber Cancer Institute (Dana-Farber) in Boston, Massachusetts, which, if achieved, will bring the organization's contributions in the fight against cancer to $970 million since 1980. 

Key Points: 
  • In 2023, the PMC has a record-breaking goal of raising $70 million for cancer research and patient care at Dana-Farber Cancer Institute (Dana-Farber) in Boston, Massachusetts, which, if achieved, will bring the organization's contributions in the fight against cancer to $970 million since 1980.
  • In the last five years, Dana-Farber doctors and researchers have played a substantial role in developing more than half of all cancer drugs approved by the FDA.
  • The PMC is Dana Farber's largest single contributor, playing an integral role in the funding for this groundbreaking and lifesaving work lead by the Institute.
  • There are also 160 Dana-Farber employees committed to the PMC as riders and volunteers, in some cases helping to fund their own cancer research.

Longtime LEAF Commercial Capital, Inc. CEO Announces 2024 Retirement

Retrieved on: 
Friday, August 4, 2023
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PHILADELPHIA, Aug. 4, 2023 /PRNewswire-PRWeb/ -- LEAF Commercial Capital, Inc. ("LEAF"), a leading U.S. equipment leasing and finance company and subsidiary of M&T Bank, today announced that Crit DeMent, who led the company as CEO from its creation until earlier this year, will step away from his current position as LEAF Chairman to enjoy a well-earned retirement in 2024.

Key Points: 
  • Crit DeMent, who led LEAF as CEO from its creation until earlier this year, will step away from his current position as LEAF Chairman to enjoy a well-earned retirement in 2024.
  • PHILADELPHIA, Aug. 4, 2023 /PRNewswire-PRWeb/ -- LEAF Commercial Capital, Inc. ("LEAF"), a leading U.S. equipment leasing and finance company and subsidiary of M&T Bank, today announced that Crit DeMent, who led the company as CEO from its creation until earlier this year, will step away from his current position as LEAF Chairman to enjoy a well-earned retirement in 2024.
  • A veteran of the equipment finance industry for more than 40 years, DeMent and former COO Miles Herman, who was recently named CEO, developed LEAF from the beginnings of an idea between two friends into one of the industry's leading independent equipment finance brands.
  • I am grateful to have called him a business partner and friend all these years, and I wish him all the best."