It takes a village to keep a community going strong, which no one knows better than M&T Bank. Established in 1856, the company continues to maintain a community focus, despite its standing as one of the 20 largest US headquartered commercial bank holding corporations. In the greater Baltimore/Chesapeake region alone, M&T has donated more than $30 million to organizations that provide indispensable programs and services, including UMMC.
“At our core, we’re a community bank,” says August “Augie” Chiasera, a senior vice president at M&T Bank Corp. and president of the bank’s greater Baltimore/Chesapeake region. “And when you’re a community bank, you take care of the cities and businesses where you live and work.”
This philosophy has inspired M&T to support a wide variety of programs, from the basic—the bank recently bought 80 new bikes for Baltimore’s Ride Around program— to the very broad, including UMMC initiatives that save lives all across the region and well beyond. For example, the bank has made significant philanthropic contributions to the top-ranked R Adams Cowley Shock Trauma Center Critical Care Tower and the campaign to construct a cutting-edge new neonatal intensive care unit (NICU) at University of Maryland Children’s Hospital.
“I think we’re very like-minded in terms of our enthusiasm for the region overall,” says Mr. Chiasera, referring to the synergies between M&T and UMMC. “The medical center has made so many investments and improvements, you can’t help but get excited about what they’re doing—it’s nothing short of remarkable.”
“We fundamentally believe that when Baltimore succeeds, we all succeed,” he says. “So it’s wonderful to see other big institutions like UMMC committing to this community in ways that allow it to truly thrive.”