M&T Bank donates $25,000 to Broome County COVID-19 relief fund

BINGHAMTON, N.Y. — Buffalo–based M&T Bank (NYSE: MTB) — the largest bank in the Binghamton metro area, ranked by deposit market share — has donated $25,000 to support coronavirus relief efforts in Broome County, organizers of the COVID-19 Community Response Fund announced.

The donation will “bolster” the fund, which was launched to address the local impact of the global outbreak.

The COVID-19 Community Response Fund was started by the United Way of Broome County, the Community Foundation for South Central New York, and the Conrad and Virginia Klee Foundation of Binghamton. It aims to ensure those in Broome County “hit hardest” by the pandemic get funding “as quickly as possible” through grants administered to community-based organizations.

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Since the fund’s launch, more foundations and community funders have joined the effort. All money raised goes directly to community-based organizations working to help those affected by the coronavirus.

The regional organizations overseeing the fund are encouraging community members with the ability to give to consider making a donation online at uwbroome.org.

Organizers didn’t say how much money they have raised so far.

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Eric Reinhardt: