M&T Increases Prime Rate

BUFFALO, N.Y., May 4, 2022 /PRNewswire/ -- Effective Thursday, May 5, 2022, M&T (NYSE: MTB) will increase its prime lending rate from 3.50% to 4.00%.

About M&T

M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information on M&T Bank, visit www.mtb.com. 

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Media Contact:Julia Berchou716-842-5385[email protected]

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SOURCE M&T Bank