M&T Bank continues to hold a commanding lead when it comes to deposits in Western New York’s eight counties.
A new report shows the Buffalo-based bank holds more than half of all deposits held at the region’s federally insured banks.
How much exactly?
A whopping $27.41 billion, or 56.78 percent, according to the Federal Deposit Insurance Corp.’s annual deposit market share report, which tracks total deposits by bank every year on June 30.