M&T Bank Benefits & Wellness

Our benefits programs will focus on the overall wellness themes of Financial, Physical Health, Emotional, and Social wellbeing to enhance the lives of our employees and their families. Our wellness efforts support the diverse needs of our employees to help them to be their best through programs, resources and activities that encourage healthy lifestyle choices. 

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Health Care Benefits

M&T Bank offers a Consumer Driven Health Plan (CDHP) that combines traditional medical coverage with a health savings account feature that provides certain tax benefits.

The Medical Plan

As part of the M&T's CDHP we offer medical coverages and benefits for you and your family.

The Health Savings Account (HSA)

Once you are enrolled in the M&T's CDHP you can enroll in the Health Savings Account.

Flexible Spending Accounts (FSA)

M&T's FSA plan allows you to set aside pre-tax dollars to pay for qualified healthcare and dependent care expenses

Dental Plan

Dental insurance is available through Delta Dental and offers nationwide coverage through their extensive network. The dental plan features an in-network and out-of-network benefit, allowing you the option to choose savings through Delta Dental providers versus flexibility if you wish to use a non-participating dentist.

Vision Plan

The Vision Care Plan provides a complete vision examination, lenses, and frames every 12 months. Vision coverage is available through Vision Service Plan (VSP). 


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Financial Benefits

Employee Stock Purchase Plan (ESPP)

The M&T Bank Employee Stock Purchase Plan (ESPP) gives employees the opportunity to share in the potential growth of M&T Bank. Contributions towards the ESPP comes directly out of your pay. 

The Retirement Savings Plan (RSP)

The Retirement Savings Plan includes two components, the 401(k) and the Discretionary Employer Contribution (DEC), that work together to help you prepare for a stronger financial future.

Life Insurance

  • Employee life insurance
  • Spouce/domestic partner life insurance
  • Dependent life insurance

Long Term Disability (LTD)

Long-term disability provides salary continuation when an employee is unable to work for more than 26 weeks due to an illness or injury. 


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Other Benefits

​​Employee Referrals

Recruit qualified applicants to the bank and you’ll receive monetary awards – ranging from $500 to $5,000 – depending on the position.