M&T Bank is rolling out customizable account alerts to notify customers of items like low or high account balances and large deposits and withdrawals.
Customers can receive the alerts via text messages, emails, or notifications through M&T’s mobile app. The alerts can also notify customers of suspicious activity, check clearings, purchases made with check cards, and more, according to the bank.
Buffalo–based M&T is the leading bank in the Syracuse–area deposit market with 30 branch offices, more than $2.2 billion in deposits, and a market share of more than 21.2 percent. It is number two in the Utica–Rome market with 13 branches, more than $615 million in deposits, and a market share of about 16.8 percent.
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M&T also leads the Binghamton–area market with a deposit market share of 48.7 percent, 16 branches, and more than $1.2 billion in deposits, according to the latest statistics from the Federal Deposit Insurance Corp.
The bank has $80 billion in total assets and 750 branches in New York, Pennsylvania, Maryland, Virginia, West Virginia, Delaware, and Washington, D.C.
Contact Tampone at ktampone@cnybj.com
