Manufacturers and Traders Trust Company, Somers Branch

Name:Manufacturers and Traders Trust Company, Somers Branch
Full Service Brick and Mortar Office
Review:2 client reviews
Location:302 Somers Commons
Baldwin Place, NY 10505

Westchester County
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Phone:914-621-2111
FDIC Cert:#588
Established:2003-07-08


The Bank

Name:Manufacturers and Traders Trust Company
Concentration:Commercial Lending Specialization
Established:1856-01-01
FDIC Insurance:1934-01-01
Holden By:M&T Bank Corporation
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:858, view all, view on map
Website:http://www.mtb.com
Total Assets:$123,130,306,000
Total Deposits:$95,734,124,000
Total Equity Capital:$15,397,681,000
Total Domestic Office Deposits:$95,500,937,000
Net Income:$644,714,000
Quarterly Net Income:$341,468,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:8%
Quarterly Return on Equity:9%
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Client Review

2 client reviews of Manufacturers and Traders Trust Company scored 1 out of 5.

check cashing
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by originalworks, Dec. 04, 2012

M&T are a bunch of crooks. I wrote a check to my son on my M&T account. And they wanted to charge him ten dollars to cash the check because he has no account their. Gee M&T what are you going to do with my ten dollars.

My account will be closed this week, just another of a long list of charges this bank makes.  

* this reviewer has be with this bank for 1 - 3 years
* this reviewer had 1 - 2 banks before.
* this review was made on Manufacturers and Traders Trust Company, Dover Branch at Dover, DE
16 of 22 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

2 comments. Add a comment

by Abrakadabra 2015-02-19 21:50:14
A banker is someone who lends you an umbrella when the sun is shinning and wants it back when it starts raining ! Thats how J.P. Morgan, J.D. Rockefeller & Rothschilds made it to the top. It is Dog eat dog. Thats the game n how it goes. I feel your pain.
by cyclone 2015-07-30 18:06:58
We are very displeased with this bank.  We have multiple accounts, including savings, checking, retirement accounts, and interest bearing accounts.  My payroll check is not direct deposit, so I receive a paper check.  When I deposit it they still hold it for at least two days, sometimes three.  Payroll checks shouldn't be held.  Expense checks are the same.  When debits are deducted, they do this first prior to deposits so they can overdraft our account. The bank staff is very dismissive when questioned and not helpful.
GO ELSEWHERE!!!!
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by billsboy, Aug. 02, 2012

You know when you walk in a small town business and you feel like they talk about you when you leave?  They do.  

They're a small-minded, small town bank.  They don't open until after we all leave for work (9:00am) and close before we get home (3:00pm).  They're useless.  The ONLY reason they're open is it's a retirement community most of the year and the retirees don't want to drive elsewhere..

Fees are CRAZY!!!!!  AND WORSE YET, it depends on who you are according to how you're charged.  M&T fees are robbery.  You can do better ANYWHERE!

The princesses also don't work weekends...so I can't bank then...even if I wanted to....which I don't.

Well, if high fees & gossip are your thing...stop on in!


* this reviewer has be with this bank for 1 - 3 years
* this review was made on Manufacturers and Traders Trust Company, Bemus Point Branch at Bemus Point, NY
12 of 18 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

1 comment. Add a comment

by satish 2014-09-14 01:38:15
hai,
My son,Kunal patil having saving account with you. I myself send him every month for$625 on his account.You are charging him $16 every time.He is staying there for education not for service.He is student. considering this fact,I request you not to charge any amount.as i am also Banker and working as Branch Manager in India,at Pune.I request you please help him for his better health,wealth and education,have a Good Day....thanking you.Satish Patil

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