Hudson City Savings Name Changes Completed

TOMS RIVER, NJ -- Employees and customers watched Saturday as the former Hudson City Savings Bank branch on Hooper Avenue formally gained its new name: M&T Bank.

The new signs were the finishing touches on M&T Bank’s acquisition of Hudson City Savings from late 2015, the bank announced. The acquistion, which was first announced in 2012 and finally completed in November, included 97 Hudson City branches in New Jersey and 121 ATMs.

“M&T now has a total of 177 branches with more than $24 billion of bank deposits and 1,965 employees within the New Jersey-New York City-Connecticut area,” the company announced.

“At M&T, we are deeply committed to the success of the customers and communities we serve, and we look forward to the opportunity to bring that strong commitment into our new markets,” said Robert G. Wilmers, M&T chairman and CEO. “M&T will create a full-service, community-focused banking franchise providing a full range of services for consumers and business of all sizes, as well as our renowned wealth management and corporate trust solutions through Wilmington Trust.”

“Converting these offices into M&T Bank branches gives us a platform to expand our community banking model and significantly increase our lending in New Jersey and Connecticut. We look forward to deepening our relationships with our existing clients, and building strong relationships with our new customers, who will find many of the same friendly faces serving them at these branches,” M&T Area Executive Paula Mandell said.

M&T Bank, headquartered in Buffalo, N.Y., was established in 1856 as Manufacturers and Traders Bank. It has more than 800 branches in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C., according to the company’s website.

M&T officials said new checks and ATM cards have already been delivered to former Hudson City Savings Bank customers and all accounts and balances have been transferred for them to M&T Bank.

For specific information about the transfer of any accounts to M&T Bank, customers can call 1-800-414-9435 or visit www.mtb.com/hudsoncity. There are no immediate changes to the hours of operation at any of the former Hudson City branches.