Manufacturers and Traders Trust Company is headquartered in Buffalo, New York. It is a state-chartered bank and member of the Federal Reserve System, established 01/01/1856 and insured by the FDIC since 01/01/1934. At the 06/30/2026 reporting date it held $219 billion in assets and $172 billion in deposits across 960 offices.
Size
By total assets it ranks #21 of 4,213 active FDIC-insured banks in the United States. Among the 115 FDIC-insured banks headquartered in New York it ranks #4.
Capital and earnings
| Equity capital | $28.2 billion (12.9% of assets) |
|---|---|
| Net income, year to date | $1.5 billion through 06/30/2026 |
| Return on assets (annualized) | 1.40% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. Manufacturers and Traders Trust Company holds FDIC certificate number 588. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in New York
- Goldman Sachs Bank USA, $759 billion in assets
- The Bank of New York Mellon, $425 billion in assets
- Morgan Stanley Private Bank, National Association, $250 billion in assets
- Flagstar Bank, National Association, $87.7 billion in assets
- Bank of China, $48.5 billion in assets
- Deutsche Bank Trust Company Americas, $40.5 billion in assets
Banks of a similar size
- First-Citizens Bank & Trust Company, #19, $236 billion in assets
- Citizens Bank, National Association, #20, $233 billion in assets
- American Express National Bank, #22, $214 billion in assets
- KeyBank National Association, #23, $189 billion in assets
Related
- Credit unions in New York
- Top mortgage lenders in New York
- New York property tax, home prices and banks
- All large US banks
- Compared savings accounts
This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. mtb.com