M&T completes Provident Bank acquisition - Washington Business Journal:

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Buffalo, N.Y.-based M&T agreed to acquire Baltimore-basedf Provident (Nasdaq: PBKS) in Provident’s 55 Washington-area branches are being convertefinto M&T locations, nearly doublinbg M&T’s local branch count to 102. The combinerd bank has nearly twice that number of branches in theBaltimore “The union of Provident Bank and M&T Bank creates a stron g organization with talented employees that will benefit our combinee customer base,” said Woody president of M&T Bank’s Mid-Atlanticc division in a statement.
“W e are looking forward to serving ournew customers, who will find the same friendlty and experienced associates serving them now at M&TT Bank. Our new customers will have access to the largest branch and ATM networkm inthe Baltimore-Washington corridor and to a wider arrah of products and services.” The combinede company has $71.4 billion in assets. All accountw and balances have been transferred from Provident Bankto M&T and new checks and ATM cardw have been sent to former Providen Bank customers, the company said. In rates and terms have not been change on certificatesof deposit, installmeng loans, lines of credit or overdraft protectionj accounts.
Gary Geisel, chairman and CEO of Provident, has been made a directod of M&T.