Eric Feldstein Named Regional President of M&T Bank for Western New York State | Nation / World
BUFFALO, NY, Jan.5, 2022 / PRNewswire / – Eric Feldstein has been appointed Regional President of M&T Bank (NYSE: MTB) for Western New York State – the market where the company is headquartered and where it has was founded 165 years ago – in addition to its director of corporate banking, effective March 2022. Feldstein will replace Shelley Drake, who is retiring after a 50-year career with the company.
“Eric is one of the most experienced bankers we have at M&T and is a leader in every sense of the word,” said Mike Keegan, executive vice president of M&T Bank and responsible for community markets. “Our unique community model allows local leaders to combine their banking expertise with a deep understanding of their communities to deliver a differentiated customer experience and improve our communities. Eric’s passion for helping local businesses and customers has never been more evident than during his leadership of the bank’s involvement in the Paycheck Protection Program, which has improved countless lives. We are confident that he will bring the same level of leadership and dedication to this new role. “
As part of its local engagement model, M&T separates the geographic areas it serves into community regions led by regional presidents. Because they know their communities best, these teams work to create differentiated strategies to serve their markets, combining the capacities of a large institution with the care and empathy of a neighborhood bank. They also make decisions at the local level regarding community activities, grants and loans.
The Western New York region is the company’s largest community market with nearly 8,000 employees and 66 branches in Allegany, Cattaraugus, Chautauqua, Erie, Genesee, Niagara, Orleans counties and Wyoming. In 2020, M&T donated nearly $ 10 million to more than 250 nonprofits in the region.
“I am incredibly grateful for the opportunity to serve as regional president,” said Feldstein. “As a community-driven bank, it is our duty to ensure that our local economies are vibrant and growing. Buffalo isn’t just our corporate headquarters, it’s where we were founded in 1856 to serve the needs of the local manufacturers and traders who put Buffalo on Our success is closely tied to the success of the local businesses and individuals who also call Buffalo home. this great city, and I look forward to the opportunity to work with more of them and continue the company’s long-standing focus on growth, resilience and resurgence of Buffalo. . “
Feldstein held various positions in commercial and business banking services during his 19 years with M&T. Most notably, he recently led an effort to help businesses get the funds they needed during the pandemic, which included $ 9.9 billion in total funding to more than 58,000 businesses through the Paycheck Protection Program (PPP ).
Feldstein has long been an active member of the M&T and WNY communities. He co-founded the bank’s first Hispanic Employee Resource Group and serves on the boards of the Roswell Park Alliance Foundation and the Jewish Community Center of Greater Buffalo.
Feldstein currently resides in Clarence, NY
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. Services relating to the Trust are provided by affiliates of M & T’s Wilmington Trust and by M&T Bank.
© 2022 M&T Bank. FDIC member.
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SOURCE M&T Bank
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