I visited a branch to renew my 6-month CD and discovered that the rate I received was based on my account address rather than the branch I visited. Different zip codes lead to different rates, which is not the case with other online banks. The company did not even honor the introductory rate advertised on their website, relying solely on zip codes for setting CD rates.
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M&T Bank Corporation (M&T) is a bank holding company. As of December 31, 2016, M&T had two bank subsidiaries: Manufacturers and Traders Trust Company (M&T Bank) and Wilmington Trust, National Association (Wilmington Trust, N.A.). The Company, along wit...