M&T Bank Celebrates Opening of New Bronx Third Avenue Branch

Mott Haven Location is the Bank's 20th Branch in New York City

New York, N.Y., March 12, 2026 - M&T Bank (NYSE:MTB) today hosted a ribbon cutting ceremony to celebrate the opening of a new full-service branch at 2976 Third Avenue in the Mott Haven neighborhood of The Bronx. This new location marks an important step in M&T Bank's long-term investment in New York City and its commitment to supporting economic growth by expanding access to financial services for residents, families, and small businesses.

The event included remarks from local leaders including Congressman Ritchie Torres and executives from M&T Bank and nonprofits Citizens Committee for NYC and Ariva.

2976 Third Avenue is conveniently located just blocks from the 2 and 5 trains in a central hub for Bronx retail. M&T joins a variety of national brands and mom and pop businesses operating in the area, and looks forward to convening ideas, people and capital within the community.

"This new branch represents more than just a physical location. It is about access, opportunity, and partnership," said Blair Ridder, M&T Bank's Regional President in New York City. "We are excited to bring convenient, relationship-driven banking to the Bronx and we look forward to supporting local families, small businesses, and community organizations for years to come."

The bank signed a 20-year lease for the 2,484-square-foot space. The branch features cutting-edge ATMs and a full-service suite of offerings, from retail banking, business banking, wealth management, and financial planning, all within a state-of-the-art facility in the heart of the Bronx.

M&T is proud to be a bank for communities and made a point to spotlight local partners serving the Bronx population to advance economic development and human flourishing.

"The Bronx, especially the South Bronx, is a banking desert and our neighborhoods desperately need brick and mortar bank branches," said Irene Baldwin, Executive Director of Ariva - a leading tax preparation and financial counseling nonprofit. "But we don't need just any bank; we need banks that know our community and which share our commitment to expanding financial access and inclusion. M&T is that bank. Ariva has partnered with M&T for many years, and we are delighted they have opened their second branch in the Bronx. The new branch brings much needed financial services to the Mott Haven community."

"This branch opening is exactly what community investment should look like: showing up in the neighborhoods that power New York City and staying, said Julie Shapiro, Executive Director of the Citizens Committee for NYC. "When a small business owner can sit down with a banker who knows their block, that's not just convenience, it's opportunity. CitizensNYC is proud to partner with M&T Bank to back the Bronx's grassroots leaders and entrepreneurs, because the people closest to the challenges are also closest to the solutions."

M&T Bank maintains a strong presence in New York City with 20 branches across the five boroughs. In 2025, the bank provided over $3 million in total community impact citywide to NYC nonprofits, charitable causes and sponsored events. Of that, more than $1.1 million was directed to work in the Bronx.

"Today is about putting capital within reach of Bronx families and small businesses that have too often been underserved," said U.S. Congressman Ritchie Torres. "From supporting CitizensNYC's microgrants to partnering with POTS and Ariva and expanding financial literacy for young people, this is what real community investment looks like. The Bronx does not lack talent or ambition, it deserves access and opportunity."

New York City Council Member Justin Sanchez added, "For generations, The Hub has been the economic heartbeat of the South Bronx, a place where people come to work, shop, and connect with their community. But walk down this corridor today and you'll still see too many empty storefronts, pulled-down gates, and dark windows. We're beginning to turn the corner. By opening this door and welcoming M&T Bank to our district, we're helping change that story. Today's ribbon cutting isn't just opening a bank branch - it's opening doors to new businesses, new homes for families, and new opportunities for the South Bronx. And every door that opens here brings us one step closer to the vibrant, thriving Hub our community deserves."

As part of this expansion, M&T looks forward to deepening partnerships with local nonprofits, entrepreneurs, and civic leaders to build a more inclusive and prosperous New York City.

About M&T Bank 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 https://www.mtb.com.

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