Manufacturers and Traders Trust Co., a New York-chartered bank and trust company has filed an application with the Connecticut Banking Department to open its first commercial branch in Stamford.
The branch would be located at 4 High Ridge Park, where M&T’s Wilmington Trust Wealth Management office is.
M&T Bank Corp., according to its website, is one of the 20 largest independent bank holding companies in the U.S., with assets of $80.8 billion. It has more than 725 branches, 2,000 ATMs, and more than 15,000 employees working in New York, Pennsylvania, Maryland, Delaware, Washington D.C., Virginia, West Virginia, New Jersey, and Ontario, Canada.
The bank was founded more than 156 years ago.
A call to the bank’s corporate headquarters was not immediately returned.
Shares in M&T were trading around $97.62 on Wednesday morning.