M&T Bank reviews

3.3

48% would recommend to a friend

(2,891 total reviews)
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Rene F Jones

54% approve of CEO

45% positive business outlook

M&T Bank has an employee rating of 3.3 out of 5 stars, based on 2,891 company reviews on Glassdoor which indicates that most employees have a good working experience there. The M&T Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
4.0
Oct 12, 2019
Recommend
CEO approval
Business Outlook

Pros

-senior leadership are doing the right things to keep the bank competitive -40 hours volunteer time to all Full time employees -some leaders are really amazing people -coworkers are genuinely some of the best people you'd meet. They hire good people -time off

Cons

At a company this big, your experience will differ between groups greatly. I've had managers that treat me like Superman (with encouragement, feedback, career conversations, opportunities) and others that treat others like dirt on the bottom of their shoe.

2.0
Jul 20, 2016
Recommend
CEO approval
Business Outlook

Pros

Management Trainees get a significant amount of exposure to senior management that employees who have been at the Bank for years haven't received. Senior management takes an interest in the program and actively try to get more Management Trainees for their divisions. Pay (avg MDP salary is $50k) is decent for Buffalo, NY. Bank culture promotes community investment and involvement and prioritizes work/life balance for most divisions. Position and program is decent for a year post-grad if you don't expect to learn much and are just seeking a position that pays mediocre with a good work-life balance.

Cons

Continuity is seen as a pro-- no room for change or innovation. Very conservative organizational culture. Employees brag about being in the same position at the bank for decades, without seeing how this is the cause of the majority of their cultural and technological problems. Few employees want to learn new systems/technology and Management Trainees are often looked down upon because they often want new technology to keep up with competitors. Millennials are simultaneously the most wanted customer demographic while being blamed for a good deal of the Bank's ills. Pay is low in terms of the market and other geographies outside of Buffalo, NY. Similar positions at other banks would be at least $70k. Western NY placements blatantly favor WNY natives and those with family in the area, which has been confirmed through personal discussions with hiring managers. Most direct managers don't know how to delegate work to Management Trainees, who are often driven, bright recent graduates who have worked in corporate settings before. Easy to be burnt out as a millennial that is looking for room for learning, advancement and company growth; "top talent" and graduates of top schools often leave within 6-12 months.

3.0
Dec 17, 2011
Recommend
CEO approval
Business Outlook

Pros

The people I interacted with at M&T Bank where uniformly professional. I saw very few politics or game playing. Work-life balance is good--I didn't witness many occasions of people, even senior management, getting into the office before 8 AM or leaving after 5:30 PM. Base salaries seem to be generally good--much higher than my previous employer job-for-job. Professional advancement is adequate--there seem to be ample opportunities for someone to move up with the right combination of skill and ambition.

Cons

Professional development was below average. Managers are not compensated on how they develop the people below them. I encountered numerous managers who didn't even conduct one-on-ones with their subordinates (aside from annual reviews). Skip-levels are unheard of. While base salary was decent, the bonus structure was inadequate. For the position I was in, 20-60% of base is customary, but M&T was offering 2-4% annual merit bonus. The technology and systems at M&T are woefully outdated. They are probably 20 years behind the cutting edge financial institutions. This problem is emblematic of a general reluctance to undergo change. Pushing through any substantive change at M&T takes an act of Congress, so if you've got a lot of good ideas, prepare to be either stymied or have it take 4-5 times longer to implement your ideas than you expect. Not to be overly nitpicky, but no coffee in the break rooms? C'mon! It's such a cheap perq that makes such a big difference.

Viewing 37 - 39 of 2,891 Reviews

Glassdoor has 3,135 M&T Bank reviews submitted anonymously by M&T Bank employees. Read employee reviews and ratings on Glassdoor to decide if M&T Bank is right for you.