M&T to idle Chautauqua County branch

August 20, 2013 Updated Aug 20, 2013 at 8:21 AM EDT

By Allissa Kline, Buffalo Business First Reporter

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M&T to idle Chautauqua County branch

August 20, 2013 Updated Aug 20, 2013 at 8:21 AM EDT

M&T Bank is planning to close a retail branch in Chautauqua County and transfer customer accounts to a nearby office, a bank spokesperson confirmed this week.

Buffalo's largest deposit-taker (NYSE: MTB) has filed a notice of intention with the New York State Department of Financial Services to shutter the branch at 19. E. Main St. in the hamlet of Frewsburg.

The bank-owned branch is set to close Nov. 8, M&T spokesperson Chet Bridger said. Accounts will move about six miles north to M&T's Falconer office located at 20 E. Main St.

Three employees work at the Frewsburg site and all three will be offered other positions within M&T, Bridger said. M&T plans to list the building for sale, he said.

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