Fed OKs People’s United Merger

Fed OKs People’s United Merger

More than a year after announcing plans to acquire Connecticut-based People’s United Bank, Buffalo-based M&T bank has received the final regulatory approval needed to complete the merger. The Federal Reserve Board of Governors announced late Friday afternoon that...
MBA: Pace of Forbearance Exits Slows

MBA: Pace of Forbearance Exits Slows

The pace of mortgages coming out of forbearance remained slow in January, while new forbearance requests and re-entries increased, according to the Mortgage Bankers Association. In its monthly Loan Monitoring Survey released this week, the MBA found that the total...
M&T Bank to Reduce Overdraft Fee

M&T Bank to Reduce Overdraft Fee

Buffalo-based M&T Bank has joined the growing list of banks reducing or eliminating customer fees for overdrafts and non-sufficient funds. The bank said in a statement Tuesday that the changes were made to “give customers more flexible options to meet their...