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: In 2005, it completed a $3.9 billion secondary stock offering, which at the time was the largest in U.S. banking history.
Hudson City Savings Bank was acquired by in a $3.7 billion deal that closed on November 1, 2015. Once the largest savings bank in New Jersey, it now operates entirely under the M&T Bank brand. Acquisition and Integration
: The acquisition was first announced in 2012 but faced a record-breaking three-year delay—the longest in U.S. banking history—due to regulatory concerns regarding M&T’s anti-money laundering controls.
: The merger added 135 branches to M&T, primarily in New Jersey (97), downstate New York (29), and Connecticut (9). Historical Significance
: By February 2016, all legacy Hudson City branches were fully integrated into M&T's network, with existing accounts, balances, and ATM cards transitioned over.
: Established on March 27, 1868, in Hudson City (now part of Jersey City), New Jersey.
: Specific information regarding the account transfer is available at the M&T/Hudson City Resource Page or by calling 1-800-414-9435.
: It became the largest savings bank in New Jersey by 1992 and reached $50 billion in assets by the mid-2000s.
: In 2005, it completed a $3.9 billion secondary stock offering, which at the time was the largest in U.S. banking history.
Hudson City Savings Bank was acquired by in a $3.7 billion deal that closed on November 1, 2015. Once the largest savings bank in New Jersey, it now operates entirely under the M&T Bank brand. Acquisition and Integration
: The acquisition was first announced in 2012 but faced a record-breaking three-year delay—the longest in U.S. banking history—due to regulatory concerns regarding M&T’s anti-money laundering controls.
: The merger added 135 branches to M&T, primarily in New Jersey (97), downstate New York (29), and Connecticut (9). Historical Significance
: By February 2016, all legacy Hudson City branches were fully integrated into M&T's network, with existing accounts, balances, and ATM cards transitioned over.
: Established on March 27, 1868, in Hudson City (now part of Jersey City), New Jersey.
: Specific information regarding the account transfer is available at the M&T/Hudson City Resource Page or by calling 1-800-414-9435.
: It became the largest savings bank in New Jersey by 1992 and reached $50 billion in assets by the mid-2000s.