M&T Bank reiterates commitment to People s United merger | Vermont Business Magazine vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
M&T Bank, the Buffalo-based lender now in the process of buying Bridgeport’s People’s United Bank, plans to commit $43 billion in loans and other financial support to assist disadvantaged communities, families and small businesses, company officials announced this week.
As part of a five-year “Community Growth Plan,” M&T said it will devote $23 billion to loans for home purchases, home equity and small businesses and allocate another $20 billion for community development initiatives and affordable housing.
/PRNewswire/ M&T Bank Corporation (NYSE: MTB) ("M&T") announced today its plan to provide $43 billion in loans, investments, and other financial support to.