M&T Bank raises prime lending rate from 6.75% to 7.00%

  • M&T Bank Corporation will raise its prime lending rate to 7.00%.
  • The new rate takes effect September 17, 2026.
  • M&T Bank operates branches and ATMs from Maine to Virginia and Washington, D.C.

M&T Bank Corporation will increase its prime lending rate from 6.75% to 7.00%, effective Sept. 17, 2026. Headquartered in Buffalo, New York, M&T is a financial holding company whose principal banking subsidiary, M&T Bank, provides banking products and services through branches and ATMs across the eastern United States from Maine to Virginia and Washington, D.C. Trust-related services are offered in select U.S. and international markets through M&T’s Wilmington Trust-affiliated companies and M&T Bank.

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