Release Details

M&T Bank Completed Acquisition Of Matthews, Bartlett & Dedecker, Inc.

March 1, 2000
M&T Bank Completed Acquisition Of Matthews, Bartlett & Dedecker, Inc. BUFFALO, NEW YORK -- M&T Bank Corporation (NYSE:MTB) and its principal banking subsidiary, Manufacturers and Traders Trust Company ("M&T Bank"), today announced that M&T Bank has completed the acquisition of Matthews, Bartlett & Dedecker, Inc. ("MBD"), a property and casualty insurance agency based in Buffalo, New York.

MBD will operate as a subsidiary of M&T Bank. MBD's president, Gerald C. Saxe, will continue with the company as president of the subsidiary.

M&T Bank Corporation is headquartered in Buffalo, New York, and reported consolidated total assets of $22.4 billion as of December 31, 1999.