M&T Bank Applies for Commercial Bank Charter in New Jersey

June 5, 2006

(Buffalo, NY) – M&T Bank has filed an application to create a banking office in New Jersey. The application for a commercial bank charter was filed with the New Jersey Department of Banking and Insurance. A ruling on the application would follow the completion of state regulatory proceedings.

M&T Bank is the principal bank subsidiary of Buffalo-based M&T Bank Corporation (NYSE:MTB), which has assets of $55 billion, and is among the 20 largest bank holding companies in the country. M&T has more than 650 branches in New York, Pennsylvania, Maryland, Virginia, West Virginia, Delaware and the District of Columbia.

Jean Hill, Corporate Communications
(716) 842-4606