M&T Bank - A good growing experience | Glassdoor
There are newer employer reviews for M&T Bank
There are newer employer reviews for M&T Bank

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Helpful (2)

"A good growing experience"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Assistant Branch Manager in Philadelphia, PA
Former Employee - Assistant Branch Manager in Philadelphia, PA
Approves of CEO

Pros

M&T is a solid financial institution that is managed well. The company is a large regional bank within the northeast part of the US, and has name recognition in some markets like Buffalo, NY and Baltimore, MD. The company strives to excel in customer service and really treats its customers well.

Cons

The company does not promote from within. The areas with smaller marketshare have a severe disadvantage when trying to compete with much larger regional banks. The pay is on the lower end of the scale as far as banks go. There isn't much room for advancement unless you want to move to Buffalo.

Advice to Management

Work to promote from within, you have lost several great employees over the last few years to larger banks who were willing to promote with titles (i.e. Officer, AVP, VP, etc) and also job roles (Banker to ASM, ASM to Manager). No employee will be happy in a stagnant work environment. Some branch managers even seem to try to prevent their employees from moving up in the company for fear of losing the employee themselves through a transfer to another branch or department.

Other Employee Reviews for M&T Bank

  1. Helpful (1)

    "Great Company and CEO: Some departments in need of re-organization."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Buffalo, NY
    Current Employee - Manager in Buffalo, NY
    Doesn't Recommend
    Approves of CEO

    Pros

    Large Corporation with great operations but outsiders will not be considered as change agents.

    Cons

    Department leaders are feeding off ideas from new comers to boost their career while keeping them from getting the credit they deserve: As a result, new comers are seen as outsiders and cannot really grow salary and/or position.

    Advice to Management

    M&T Bank is an exciting place to work and it's managed with great professionalism. However, if someone has just 2-3 years experience with the bank, he/she will be seen as an outsider and will not be able to progress normally. If you don't have 13 years and more with the bank, forget about salary increases and/or growing: you'll be waiting while dept directors (insiders) are getting credit from your ideas and efforts.


  2. Helpful (3)

    "The Old Guard reigns supreme"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operational Risk/Compliance Analyst in Buffalo, NY
    Former Employee - Operational Risk/Compliance Analyst in Buffalo, NY
    Doesn't Recommend
    Approves of CEO

    Pros

    - Conservative banking culture, very stable
    - Senior Management very dedicated to the Buffalo area
    - Realistic benefits package, decent paid time off

    Cons

    - Departmental management is very threatened by skillful employees
    - After 10 years of service you are still one of the "newbies"
    - Limited career advancement potential
    - "Employee Engagement" is used as a tool to determine management performance, therefore it is wielded as a weapon against employees if departmental ratings are poor
    - Very little chance at decent salary increases, unless you are a "favorite"
    - Middle management unresponsive or oblivious to the problems within departmental management

    Advice to Management

    This company has the potential to be so much more than it currently is. I was once incredibly proud to say that I was an employee of M&T Bank. There are problems within your departmental management that are pandemic throughout the organization. The divisive nature of their relationships and the adversarial tone between departments makes it harder to return each day. There are current employees at the bank afraid to speak their mind and quietly biding time until they leave for fear of the retribution against them if they speak out. Something needs to change or you will continue to lose the talent that you invest so heavily to attract.

There are newer employer reviews for M&T Bank
There are newer employer reviews for M&T Bank

See Most Recent

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