Seasoned Banker to Lead M&T Bank in
New Jersey
BUFFALO,
N.Y., Dec. 5, 2024 /PRNewswire/ -- M&T Bank
(NYSE:MTB) ("M&T") today announced the appointment of
Shannon Lazare as its New Jersey
Regional President. Shannon will lead the bank's local growth and
community engagement initiatives throughout New Jersey. She succeeds Tom Comiskey who, after serving as M&T's New
Jersey Regional President for nine years, was elevated last year to
Area Executive in its Commercial Bank.
In her new role, Shannon will lead M&T's team in the Garden
State, ensuring that the bank continues to serve its communities
and customers. She will oversee all aspects of the bank's
involvement in community engagement, economic development, and
charitable initiatives for M&T in New
Jersey along with her current duties as Business Banking
Regional Manager.
Shannon joined M&T in 2013 as a Senior Relationship Manager
with Business Banking and has held the role of Regional Manager
since 2019. She brings over 20 years of experience in the financial
services industry, having previously worked with J.P. Morgan Chase,
Wachovia, and Valley National Bank.
"Shannon is a proven leader, and her experience growing up and
working in New Jersey has given
her a deep understanding of the market and a strong commitment to
community engagement," said Tom
Comiskey, Area Executive, M&T Bank. "Shannon's extensive
banking experience and dedication to fostering economic development
align perfectly with M&T's mission to support growth and create
opportunities in New
Jersey."
Shannon is known for her commitment to fostering meaningful
connections within the communities she serves. She is an active
member of the M&T's New Jersey Charitable Foundation Committee
which awarded $2.7 million to more
than 175 local nonprofits in 2023. Shannon serves as a board
member of the Bergen County Workforce Development Board, Pursuit
CDC, and Pony Power Therapies, and is the honorary commander for
the Joint Base McGuire-Dix-Lakehurst in Burlington County, NJ.
"I am honored to step into the role of Regional President and
lead a team that is deeply committed to New Jersey's growth and prosperity," said
Lazare. "Together, we'll keep building on M&T Bank's
longstanding tradition of making a difference for the communities
we serve. I am especially determined to ensure M&T Bank meets
the needs of local businesses and supports their efforts to create
economic opportunities for our neighbors."
M&T Bank has a strong presence in New Jersey with 64 branches and has been among
the top 10 SBA lenders for the past 10 years. The bank's local
engagement model ensures that decisions about community activities,
grants, and lending are made locally, allowing for a more
personalized approach to meeting the needs of the community.
About M&T Bank
M&T is a financial holding
company headquartered in Buffalo, New
York. M&T's principal banking subsidiary, M&T Bank,
provides banking products and services with a branch and ATM
network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are
provided in select markets in the U.S. and abroad by M&T's
Wilmington Trust-affiliated companies and by M&T Bank. For more
information about M&T Bank, visit www.mtb.com.
Equal Housing
Lender. © 2024 M&T Bank. NMLS#
381076. Member FDIC. All rights reserved.
Media Contact:
National Media and NYC, NJ, PA, Long
Island
Frank
Lentini
(929) 651-0447
flentini@mtb.com
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SOURCE M&T Bank Corporation