M&T Increases Prime Rate

BUFFALO, N.Y., May 3, 2023 /PRNewswire/ — Effective Thursday, May 4, 2023, M&T Bank (NYSE: MTB) will increase its prime lending rate from 8:00% to 8.25%. About M&T Bank M&T is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank,…