M&T BANK CORPORATION


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"Products" offered by M&T BANK CORPORATION with at least one, but usually more complaints:

Bank account or service - (CD) Certificate of deposit
Bank account or service - Cashing a check without an account
Bank account or service - Checking account
Bank account or service - Other bank product/service
Bank account or service - Savings account
Checking or savings account -
Checking or savings account - CD (Certificate of Deposit)
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Consumer Loan - Installment loan
Consumer Loan - Personal line of credit
Consumer Loan - Title loan
Consumer Loan - Vehicle lease
Consumer Loan - Vehicle loan
Credit card -
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Mortgage
Debt collection - Mortgage debt
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan
Debt or credit management - Mortgage modification or foreclosure avoid
Money transfer, virtual currency, or money service - Check cashing service
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - Foreign currency exchange
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Money order, traveler's check or cashier's
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Traveler's check or cashier's check
Money transfer, virtual currency, or money service - Virtual currency
Money transfers - Domestic (US) money transfer
Money transfers - International money transfer
Mortgage - Conventional adjustable mortgage (ARM)
Mortgage - Conventional fixed mortgage
Mortgage - Conventional home mortgage
Mortgage - FHA mortgage
Mortgage - Home equity loan or line of credit
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Manufactured home loan
Mortgage - Other mortgage
Mortgage - Other type of mortgage
Mortgage - Reverse mortgage
Mortgage - USDA mortgage
Mortgage - VA mortgage
Other financial service - Check cashing
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, or personal loan - Title loan
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Personal line of credit
Student loan - Federal student loan servicing
Student loan - Non-federal student loan
Student loan - Private student loan
Vehicle loan or lease - Loan

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Complaint ID: 3768507

Date Received: 2020-07-29

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: For four-five months in XXXX, M & T reported two-year-old ( XXXX ), less than 90-day, non-charge-off delinquencies that have affected my credit rating. According to law, unless these were charge-offs, they should be removed. Even though the payments cited doubled in amounts and the time-frame included the time I requested a forebearance, each monthly payment was paid in two installments within 30 days. This is evidenced by greater amounts paid than requested in some months because of how they reported the payments. The payments were recorded incorrectly as delinquent when they were paid within 30 days.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: MD

Zip: 20716

Submitted Via: Web

Date Sent: 2020-08-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3766945

Date Received: 2020-07-28

Issue: Fraud or scam

Subissue:

Consumer Complaint: M & T Bank authorized without notification a fraudulent ach transfer from XXXX in the amount of {$26000.00}. It has been 84 days since I filed the police report and notified M & T Bank. M & T Bank informed me I was past the 60 day requirement to notify of fraudulent activity. I was at 68 days to report. Fraudulent charge was debited from checking account on XX/XX/XXXX, at the onset of the pandemic, followed by state-wide shutdowns. Focus was on my XXXX, not myself until later in the shut-downs when I wanted to invest more into my XXXX for XXXX XXXX, which is when I noticed the fraudulent charge. M & T claimed they would develop a conclusion between 45 - 60 days of reporting. They are no longer providing additional information as to the status of the claim. Contacted Attorney General, State reps, and personal attorney. Causing extreme mental and emotional anguish. Police contacted for a wellness check. M & T Bank claims they are unable to reach anyone at XXXX. XXXX claims M & T Bank has no record of contact. Faxed information to XXXX on XX/XX/20. Very possible I will be homeless. Loss of income for my XXXX. Mental anguish. No forbearance in reporting due to COVID-19 pandemic.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: PA

Zip: 174XX

Submitted Via: Web

Date Sent: 2020-07-28

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3764498

Date Received: 2020-07-26

Issue: Trouble during payment process

Subissue:

Consumer Complaint: M & T Bank XXXX XXXX XXXX XXXX MD XXXX I have Home Equity ( HE ) Line of Credit with M & T Bank, we have been paying regularly and never been late. In XXXX we received a call from M & T bank that due to COVID 19 hardship we can have 3 months payment suspension and bank will not report it late. They deferred the XXXX payment but in the month of XXXX, they took out XXXX payment {$450.00} on XX/XX/XXXX2020 from my M & T checking account made me negative balance in my M & T check account. On XXXX XXXX I was charged XXXX as over draft fee and my total negative balance become - {$310.00}. I called the bank, after the long hold and transferring me to few departments in HE they told me it is M & T HE department fault and they will reverse the XXXX amount soon. As of today XX/XX/XXXX20 ( after 15 days ), I am still in negative balance of - {$110.00}, as last week my direct deposit of {$200.00} came in. M & T is keep on charging me {$38.00} of over draft fee. From XX/XX/XXXX I have been calling M & T every other day, On XX/XX/XXXX, they filed a complain ( # XXXX XXXX name XXXX ), upon my request. I have spoken to M & T representative ( s ) : -XXXX XXXX -XXXX XXXX and XXXXXXXX XXXX . Some the customer service representatives were very rude and unprofessional. My checking account and HE are in M & T bank but I am surprise no one knows there how to reverse and fix the issues. I am very disappointed with M & T Bank as I have to spend almost 2 hours to get hold and talk to M & T customer server rep. every other day starting from XX/XX/XXXX. Thank you.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: VA

Zip: 22193

Submitted Via: Web

Date Sent: 2020-07-26

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3761117

Date Received: 2020-07-23

Issue: Managing an account

Subissue: Cashing a check

Consumer Complaint: I was sent a check XXXX via fed-ex. The check turned out to be fraudulent. I simply deposited it. I DID not attempt to use any funds. I apologized for it. The bank ( M & T Bank ) where I HAD been a customer for 21 years, asked me then to close all of my accounts, citing that after 21 years I was a high risk for simply depositing a fraudulent check. a ). I apologized b ). I explained how I came to get the check - the people that sent me the check were arrested in XXXX. c ). I made NO attempt to use the funds. Yet, I am the victim and now I continue to be the victim.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: MD

Zip: 21015

Submitted Via: Web

Date Sent: 2020-07-23

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3757102

Date Received: 2020-07-22

Issue: Fraud or scam

Subissue:

Consumer Complaint: I paid {$5000.00} into the persons account at M & T for car purchase since XX/XX/2020, till date my car wasnt delivered, either was my money refunded since then till date I keep calling no response, Im just been ignored I call everyday, text Nothing changed ... The person name is XXXX XXXX with account number XXXX M & T bank, phone number XXXX

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: MD

Zip: 21133

Submitted Via: Web

Date Sent: 2020-07-31

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3752091

Date Received: 2020-07-19

Issue: Opening an account

Subissue: Didn't receive terms that were advertised

Consumer Complaint: On XX/XX/2020 I opened a checking account with M & T bank for a promotional offer of {$400.00} for maintaining a balance of {$10000.00} for 90 days. I used promotion code " CG '' with the in-branch representative. The application went through and my account was opened. After maintaining the balance M & T is refusing to honor the bonus citing the following : " My research shows this was a special promotion and the offer is non-transferrable. Only the person receiving the promotion qualified for the bonus and as a result, we are unable to offer this promotion to you. I apologize for the misunderstanding. '' This issue wasn't addressed to me at the time and the system proceeded with opening my account and accepted my deposit. The system should have rejected the offer code if I wasn't eligible and not open the account. Instead M & T chose to accept my monies for their use. They have used the capital to make money while the consumer is left with nothing.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NY

Zip: 115XX

Submitted Via: Web

Date Sent: 2020-07-19

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3743167

Date Received: 2020-07-13

Issue: Managing an account

Subissue: Problem using a debit or ATM card

Consumer Complaint: I had multiple charges on my debit card for purchases that I did not make. I called my bank to process a chargeback and it was denied. The amount was {$3500.00}.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NY

Zip: 142XX

Submitted Via: Web

Date Sent: 2020-07-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3741447

Date Received: 2020-07-12

Issue: Closing an account

Subissue: Company closed your account

Consumer Complaint: I opened a checking acount at M & T bank online, i went to the XXXX branch to make my first {$50.00} dollar cash deposit everything was fine next day i decided to open a secure credit card made an apointment came in deposited the {$250.00} cash required gave them my state of NJ government issued id and social security card and a letter from NJ unemployment i was told everything was fine, after that i deposited another {$500.00} dollars in us cash currency into my checking acount which i was told was open and the following morning another deposit of {$300.00} cash us currency into checking so i could open up a couple of secured credit cards one with XXXX for XXXX i gave them permision to take and XXXX for another XXXX permision after almost 10 days i received a phone call saying the bank needed more identification from me because they were issuing a credit card i told her close the saviings put it in the checking forget the card .knowing i was being discriminated against by people who i believe secretly hate Americans i decided to call and speak with a different branch manager to see if i could resolve the issue i made an apointment with him to come in the following day i asked the problem he told me to bring more identification he called the XXXX manager and made anapointment for me to bring in more identification i even brought my lease and wasted more of my time after taking and copying my paper work i was told my acount s were closed they made me drive to the bank for nothing they knew wthe evil they were planning in advance they admitted to talking to each other until i confronted them about it

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NJ

Zip: 07094

Submitted Via: Web

Date Sent: 2020-07-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3740209

Date Received: 2020-07-10

Issue: Struggling to pay mortgage

Subissue:

Consumer Complaint: I tried to request a loan forbearance due to being affected by COVID-19. And I was denied. M & T Bank told me that they do not offer forbearances.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: VA

Zip: 23464

Submitted Via: Web

Date Sent: 2020-07-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3734008

Date Received: 2020-07-07

Issue: Trouble during payment process

Subissue:

Consumer Complaint: XX/XX/XXXX Around XXXX of XXXX we received a letter from M & T Bank stating that they have taken over our mortgage loan ( from XXXX ) and that we were to forward all mortgage payments to them from thereafter. In short, I am not proud to say that we were a couple of payments behind and were given two chances through M & T 's loan modification department to make payment arrangements. We did not fulfill either obligation and by the end of XXXX we were facing severe foreclosure ramifications. On Thursday evening XX/XX/XXXX we spoke with a representative from M & T 's Homeowner 's Assistance Center ( XXXX XXXX ) who stated that the company was moving forward with the final stages of foreclosure and that we were out of options ( except for paying the total amount ) to continue occupying the home in the current state. He stated that unless we made the total amount due of {$7300.00} ( total amount in fees including the regular payment, the amount unpaid from prior statement, the unpaid late charge ( s ), and the XXXX XXXX XXXX ). Each amount was provided in the section of the Explanation of Amount Due on the XX/XX/XXXX Mortgage Statement. On Friday XX/XX/XXXX we spoke with Mr. XXXX XXXX XXXX. XXXX ( assistance number ) who walked us through the process of bringing the account current. Because of the stages of the defaulted loan Mr. XXXX stated that they could no longer take a payment over the phone but rather urged us to pay via XXXX XXXX using a code city. He also explained to us that the total amount of {$7300.00} consisted of {$7100.00} ( outstanding fees ) + {$190.00} ( Recoverable Corporate Advance fees ) had to be paid by the late afternoon. This was necessary because there were not any M & T banks in our state. After arriving at XXXX XXXX, we were told that the transaction had to be in the form of two payments because of the large amount to be wired. This was explained to Mr. XXXX in doing so and he concurred. We decided to make the first payment in the amount & {$4000.00} and the second {$3300.00}. Here 's where the confusion takes place : The teller makes a successful payment of {$4000.00} which produced the tracking # XXXX ... The second payment -- which was erroneously made for {$3000.00} had to be retracted due to the teller accidentally inputting the incorrect amount and not the appropriate {$3300.00} requested representing the remaining difference in the total amount. XXXX XXXX correcting the transaction by cancelling the second and allowing the third transaction to be submitted. The third transaction produced the # XXXX ... Once again XXXX XXXX was informed of this process as well. The time for the entire transaction and correction period was from XXXX XXXX to XXXX XXXX CST. After provided the transaction information to Mr. XXXX he stated that all payments and fees were fulfilled and that we would receive a letter in 7-10 business days confirming the updates. This was strongly inquired about on our end. We were also told that our next payment wasn't due until XX/XX/XXXX. Weeks later in the month of XXXX we received a letter from M & T stating that our loan was in default and that we needed to make a payment of {$2100.00} to " cure this default ''. We then spoke with a representative with M & T who stated that : 1 ) our payment of {$3000.00} was denied ; and 2 ) a significant portion of the payment ( s ) made on XX/XX/XXXX was applied to the Principal of the loan. We requested that a research be conducted to find and correct the problem considering our confidence in paying ALL outstanding fees back in XXXX. The request was submitted, and we were told that it would take 7-10 business days for a response. We received no response, nor did we see any corrections that would have brought our status to current AND zero additional fees. On multiple occasions we have called and requested that M & T resolve this issue and remove a reoccurring Corporate Advance fee which was paid back in XXXX of XXXX. During many of those phone calls our intellect has been questioned, ridiculed, and have fallen on death ears in trying to explain how the funds were misapplied to our account. Throughout these tough times we are overwhelmed with constant arguing and unresolved solutions to our mortgage which leads to us seeking possible litigation furthermore. This morning ( XX/XX/XXXX ) we received a call from a MrXXXX XXXX XXXX. ( XXXX ) who informed us that he had done his research and concluded that we were still accountable for paying the Corporate Advance fee of {$220.00}. He refused to hear our appeal and was very combative and unyielding to offer any solution. All he did was discuss the purpose and the origin of the Corporate Advance fee -- -and not what are primary concern was. He also accused of us of not paying the total amount of {$7300.00} even though I explained to him the reason of the two payments totaling the sum. He stated that it didn't matter and that we still owed the amount. He was very rude which led us to informing him of going a step further. In short, he said go ahead. I am providing the necessary documentation such that someone will see that we made the required payment covering ALL outstanding fees including the Corporate Advance fee. We strongly believe that the payment received was miss-appropriately applied causing this confusion. Although we accept full responsibilities for financial obligations on our behalf, WE WILL NOT PAY FOR THE COMPANY 'S MISTAKE ON THIS ISSUE. In the event that we seek professional legal advice, we will ask for monetary damages and restitution ( s ) for the stress and lack of an unapologetic culture at M & T Bank in the mortgage department. Sincerely, Angry Mortgage Customer

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: LA

Zip: 70815

Submitted Via: Web

Date Sent: 2020-07-07

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.