: The acquisition was first announced in 2012 but faced a record-breaking three-year delay—the longest in U.S. banking history—due to regulatory concerns regarding M&T’s anti-money laundering controls.
: It became the largest savings bank in New Jersey by 1992 and reached $50 billion in assets by the mid-2000s.
: Established on March 27, 1868, in Hudson City (now part of Jersey City), New Jersey.
: The merger added 135 branches to M&T, primarily in New Jersey (97), downstate New York (29), and Connecticut (9). Historical Significance
: Former Hudson City customers with questions about legacy accounts can contact M&T Bank Support or visit a local branch.
: Specific information regarding the account transfer is available at the M&T/Hudson City Resource Page or by calling 1-800-414-9435.
Hudson City Savings Bank was acquired by in a $3.7 billion deal that closed on November 1, 2015. Once the largest savings bank in New Jersey, it now operates entirely under the M&T Bank brand. Acquisition and Integration