M&T Bank Branches in Buffalo and Lockport Are Closing

Hey there, if you’re a Buffalo or Lockport resident who banks with M&T, you might’ve heard some buzz about branch closures. Yep, it’s true M&T Bank is shutting down a couple of locations in these areas, and it’s got folks talking. Scheduled for June 2025, these closures are part of a bigger shift in how we all bank these days. But don’t worry, we’ve got the full scoop for you why it’s happening, which branches are affected, what it means for you, and where you can go instead. Let’s break it all down!

Why Are M&T Bank Branches Closing?

So, what’s the deal? Why would a bank like M&T close branches in places like Buffalo and Lockport? It all boils down to how banking’s changing. More of us are ditching the teller line for our phones think mobile apps, online transfers, and digital deposits. M&T Bank’s noticed this trend and is adjusting its game plan.

In their own words, they’re “regularly reviewing the locations of our branches” to match “evolving customer needs and banking habits.” Translation? If fewer people are walking through the doors, it makes sense to rethink where they keep those doors open. It’s not just M&T either banks everywhere are doing the same. For instance, TD Bank’s closing 38 branches across 10 states, and over in the UK, Lloyds and Halifax are axing 125 spots. It’s the banking world’s version of spring cleaning!

But it’s not all about going digital. M&T’s also making sure their physical branches are in the right spots places where customers still want that face-to-face service. So, while some locations are closing, they’re steering folks to nearby branches that’ll stay open.

Which Branches Are Saying Goodbye?

Let’s get specific. Here are the two M&T Bank branches waving farewell in June 2025:

• Lockport Branch: 118 Walnut St., Lockport, NY

• Buffalo Branch: 1580 Hertel Ave., Buffalo, NY

If you’re a regular at either of these spots, you’re probably wondering what’s next. Good news M&T’s not leaving you high and dry. They’ve got alternatives lined up, and we’ll cover those in a sec. First, let’s talk about what these closures mean for the community.

How Will This Affect Buffalo and Lockport?

Bank branch closures can stir things up locally, right? Here’s what might happen in Buffalo and Lockport:

1. Convenience Takes a Hit: If you’re someone who loves popping into the bank for a quick chat or deposit, you might need to tweak your routine. The nearest branches aren’t far (more on that soon), but it could still be a hassle especially if you don’t drive or rely on public transit.

2. Local Businesses Feel It: Ever notice how a bank can bring foot traffic to nearby shops? When a branch closes, those coffee spots or delis next door might see fewer customers. It’s not a huge economic crash, but it’s something to watch.

3. Jobs Stay Put (Phew!): Here’s a bright spot M&T’s not cutting jobs. Employees from the closing branches are being offered spots at other locations nearby. No layoffs, just a shuffle.

While it might feel like a loss, this isn’t the end of M&T in these towns. They’ve got a big network of branches and ATMs across the region, and they’re still committed to sticking around just in a slightly different way.

Your Alternatives: Where to Bank Now

Okay, so your usual branch is closing what now? M&T’s got you covered with nearby options. Here’s where they’re pointing customers:

• Lockport Customers: Head to the South Transit branch, less than two miles from 118 Walnut St.

• Buffalo Customers: Check out the Delaware Hertel branch, about a mile from 1580 Hertel Ave.

To make it crystal clear, here’s a handy comparison table:

These spots offer pretty much everything the closing branches did ATMs, tellers, the works. Plus, they’re close enough that you won’t need to plan a road trip. If you’re all about digital banking, M&T’s app and website are solid options too.

The Bigger Picture: Banking’s Changing Landscape

Zoom out for a minute, and you’ll see this isn’t just an M&T thing it’s an industry shake-up. Here’s why banks are closing branches left and right:

• Digital Boom: Online banking’s exploded. Deposits, transfers, even loan applications most of us do it all from our couches now.

• Cost-Cutting: Keeping a branch open isn’t cheap rent, staff, utilities. If fewer folks are showing up, banks save big by consolidating.

• Customer Shift: Studies show a chunk of us prefer apps over ATMs these days. Physical branches? They’re more for big stuff like mortgages or business accounts.

Check out these stats to see what I mean:

M&T’s just riding this wave, making sure their branches match where customers actually go or don’t go.

What M&T Bank Has to Say

M&T’s not shy about explaining this move. They’ve said, “We’re reviewing our branch network to ensure we’re providing the best service possible.” It’s all about staying relevant keeping busy branches open and beefing up their digital game for the rest of us.

And don’t think they’re bailing on Buffalo or Lockport. M&T’s got deep roots here think their 40+ year partnership with the Buffalo Bills. They’re not packing up; they’re just rearranging the furniture.

Community Impact: Digging Deeper

Let’s unpack the community angle a bit more, because it’s not black-and-white. Sure, losing a branch can sting, but it’s not all doom and gloom.

The Upside

• Nearby Options: Those alternative branches are super close, so most folks won’t feel a huge pinch.

• Digital Access: If you’re tech-savvy, this might even push you to try M&T’s online tools pretty convenient once you get the hang of it.

• Job Security: Employees staying employed is a win for the local workforce.

The Downside

• Access Gaps: Older customers or those without smartphones might struggle. Not everyone’s ready to go fully digital.

• Neighborhood Vibe: A bank closing can make a street feel a little emptier, especially in tight-knit spots like Hertel Avenue.

M&T’s betting that their remaining branches and online services will fill the gap. Time will tell how it shakes out, but they’re not leaving these communities in the lurch they’re just shifting focus.

What Can You Do About It?

If you’re an M&T customer in Buffalo or Lockport, here’s your action plan:

1. Visit the Alternatives: Pop by the South Transit or Delaware Hertel branches before June 2025 to get comfy with them.

2. Go Digital: Download the M&T app or poke around their website. It’s easier than you might think.

3. Ask Questions: Not sure how this affects your account? Give M&T a call they’re happy to chat.

Change can feel weird, but you’ve got options to keep your banking smooth.

FAQ: Your Top Questions Answered

Got questions? We’ve got answers. Here’s the lowdown on what folks are asking:

Why are M&T Bank branches closing in Buffalo and Lockport?

It’s all about changing customer habits more online banking, less need for physical spots. M&T’s adjusting to keep up.

Which branches are closing, and when?

The ones at 118 Walnut St. in Lockport and 1580 Hertel Ave. in Buffalo, both shutting down in June 2025.

Where can I bank instead?

Lockport folks can hit the South Transit branch (under two miles away), and Buffalo peeps can head to Delaware Hertel (about a mile away).

Will this hurt the local economy?

Maybe a little less foot traffic could affect nearby businesses. But M&T’s keeping other branches open, so it’s not a total pullout.

Are employees losing jobs?

Nope! M&T’s moving staff to nearby locations no layoffs here.

Is this happening everywhere?

Yep, it’s a trend. Banks like TD, Lloyds, and Halifax are closing branches too, thanks to the digital banking surge.

Wrapping It Up

So, there you have it M&T Bank’s closing branches in Buffalo and Lockport, but it’s not the end of the world. With closures set for June 2025, they’re giving you plenty of heads-up to switch to nearby spots like South Transit or Delaware Hertel or go digital if that’s your vibe. It’s all part of banking’s big shift to match how we live now. Want more details? Hit up M&T’s website or give them a shout. Stay in the loop, and you’ll be just fine!