The Buffalo News, October 26, 2021, M&T Unveils $43 Billion Community Growth Plan
M&T Bank has unveiled a $43 billion package of loans and investments it will make across the Northeast in connection with its planned acquisition of People’s United Bank.
The package, developed in conjunction with the National Community Reinvestment Coalition, includes $22.9 billion in loans for home purchases, home equity and small businesses, and an additional $20 billion for community development initiatives and affordable housing, M&T said.
