SENATOR DEMANDS M&T BANK COMPENSATE CUSTOMERS AFFECTED BY CONVERSION FAILURES
Hartford, CT– Today, U.S. Senator Richard Blumenthal (D-CT) led a group of Senators in sending a letter to M&T Bank urging the company to financially compensate customers who were affected by conversion failures during the transition of People’s United Bank accounts to M&T accounts. “We write to request that M&T Bank commit to financially compensate all customers who incurred fees as a result of missed credit card, utility, or other payments, due to M&T Bank’s mishandling of the acquisition of People’s United Bank,” the Senators wrote. “Additionally, all customers who were unable to access their funds during the conversion should receive some appropriate financial remuneration for the inconvenience, as well as an apology.” Since the conversion at the beginning of September, new…










