M&T Bank (MTB) and Visa (V) Renew Brand Partnership Agreement

December 1, 2008 2:10 PM EST

M&T Bank (NYSE: MTB) and Visa Inc. (NYSE: V) today announced the renewal of their long-standing brand partnership agreement. Under terms of the multi-year deal, Visa will continue to provide the bank's customers with branded consumer and small business debit, commercial credit, and prepaid cards.

"Empowering our customers with safe, convenient and flexible payment options is a top priority, and Visa is best positioned to help M&T meet our goals," said Thomas Hayes, Consumer Card Products Manager, M&T Bank.

M&T Bank Corporation (M&T) is a bank holding company. At December 31, 2007, the Company had two wholly owned bank subsidiaries: M&T Bank and M&T Bank, National Association (M&T Bank, N.A.). The banks offer a range of commercial banking, trust and investment services to their customers. [SM]


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