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M&T Bank is opening a new branch in Bridgeport, the company announced this week.
New York-based M&T Bank is planning to operate the branch in a 1,500-square-foot space in Honey Locust Square, a new retail development site on Stratford Avenue between Newfield and Central avenues in Bridgeport's East End neighborhood. Pending regulatory approvals, the branch is expected to be completed in early 2024, M&T Bank said.
The new branch will be designated as an M&T Multicultural Banking Center, which the bank said is designed to serve people of different cultures and languages. It will include access to a walk-up ATM and space for both teller transactions and meetings with M&T bankers, according to the company.
The Honey Locust Square retail development project is led by Anthony Stewart of Bridgeport's Ashlar Construction LLC, the bank said.
M&T Bank has been dealing with the aftermath of a global data breach that compromised information of some of its customers. The company filed a data breach notification letter with the Massachusetts Attorney General in August that said the breach was through a third-party file transfer tool the bank uses. CTInsider reported this week that an undisclosed number of Connecticut residents were impacted by the breach.
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