4,768Employees
$1.1 BTotal Annual Compensation & Benefits
$222,507Average Total Compensation & Benefits
4Banks Headquartered in State
Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis
$3.1 BNew Home Loans Booked in 2023
5,062Number of New Home Loans in 2023
$525,000Median New Home Loan Size in 2023
$1.4 BSmall Business Loans
59.2 KNumber of Small Business Loans
$23,562Average Small Business Loan
$125.5 MSmall Farm Loans
2,279Number of Small Farm Loans
$55,071Average Small Farm Loan
M&T Bank stepped up to help customers in Maryland, Virginia and Washington, D.C. during the COVID-19 pandemic. DC Media Connection, a minority-owned media company located in the district, was among the small businesses the bank assisted with a PPP loan. The pandemic forced owner Angel Livas to restructure and reframe how her company was doing things. Angel called her banker at M&T who encouraged her to apply for a PPP loan. She qualified and within two weeks, Angel had the money to help her business move forward during the difficult time.
Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis
$61.9 BDeposits
34Banks Operating Branches
183Branches & Offices
168Branches Offering Low Fee Bank On-certified Accounts
Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis
