M&T Bank

The Salem branch of M&T Bank provides personal and business banking, mortgages and lending to residents and companies on the North Shore. M&T presents itself as a bank that takes an active role in its communities, on the view that when local communities succeed, everyone succeeds. Customers can open checking and savings accounts, explore money market options, apply for a mortgage or other loans, or work with the bank on small business lending.

M&T has more than 165 years of history, and its presence in New England grew after it acquired People’s United Bank. It supports local organizations through volunteering and reinvestment, giving employees 40 hours of volunteer time to share with organizations they care about. Homeowners who run into trouble with mortgage or home equity payments can ask about assistance programs, and day-to-day banking is also available through an encrypted mobile app with spending tools.

What to Know

• The branch is a member of the Salem Chamber of Commerce and is listed under mortgages and banking.
• M&T highlights its record as a top SBA lender in the communities it serves.
• The mobile app is available on iOS and Android.
• Deposits are FDIC-insured.