Four months after M&T Bank’s troubled conversion of accounts from People’s United Bank, Connecticut Attorney General William Tong says he still remains generally dissatisfied with the Buffalo-based bank.
M&T Bank will not charge consumer and checking fees or impose late charges on consumer and mortgage loans though October, after it came under heavy criticism for customer disruptions in its account merger with People’s United Bank.
U.S. Sen. Richard Blumenthal demanded Friday that Buffalo, N.Y.-based M&T Bank compensate customers for late fees and other charges resulting from disruptions after the account merger with People’s United Bank.
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