M&T Bank (NYSE: MTB) is donating a total of $150,000 to support coronavirus-relief efforts in Central New York and the Mohawk Valley.
That’s according to the bank and organizers of the Mohawk Valley COVID-19 Response Fund and the Central New York COVID-19 Community Support Fund.
The charitable investments will “bolster” the two regional funds, which were launched to address the local impact of the global outbreak. Both funds are designed to “rapidly deploy resources” to nonprofit organizations that are addressing human-services needs in communities “significantly” impacted by the pandemic.
(Sponsored)
Insurance Rates: What is really going on with these premiums and why they seem to be increasing!
This is a question we continuously get asked at CH Insurance. Clients with a good loss history, timely payments, excellent credit, and very good policies and procedures. All across the
It’s Time for Your Business to Think About Year-End Tax Planning
As the year-end approaches, it’s time to take proactive steps to help lower your business’s taxes for 2024 and beyond. Deferring income and accelerating deductions to minimize taxes can be
The regional organizations overseeing the funds are encouraging community members with the ability to give to consider making a donation online. To help in the Mohawk Valley, visit mvcovidfund.com. To help in Central New York, visit cnycf.org/covid19.
Mohawk Valley
Through the M&T Bank/Partners Trust Charitable Fund (MTPT), M&T will provide $100,000 to the Mohawk Valley COVID-19 Response Fund. The Community Foundation of Herkimer and Oneida Counties and the United Way of the Valley and Greater Utica Area launched the fund.
“When we launched the M&T Bank/Partners Trust Charitable Fund, we envisioned it being there to help our community quickly respond to moments of great need,” David Manzelmann, M&T Bank Utica market president, said. “Never could we foresee the public health crisis we’re experiencing now, but we’re grateful this funding is available to help our neighbors in need.”
Central New York
Additionally, M&T will donate $50,000 through the M&T Bank Charitable Foundation to support the Central New York COVID-19 Community Support Fund. The Central New York Community Foundation — in partnership with the City of Syracuse, Onondaga County, Allyn Family Foundation, and United Way of Central New York — started the fund.
“This unprecedented public-health crisis has changed the way we live and work — but it won’t change our commitment to supporting our communities,” Allen Naples, M&T Bank regional president for Central New York, said. “Across our company, M&T Bank has mobilized our teams to respond to the COVID-19 outbreak. We continue to take steps to help our customers and communities get through these difficult times. This investment in local relief efforts is an important component of M&T’s ongoing response.”
