Staunch bank, don't believe the tech hype - Software Engineer M&T Bank Employee Review

1.0
16 Jul 2021
Recommend
CEO approval
Business outlook

Pros

PTO, nothing else to add

Cons

I became beyond fed up with the "tech renaissance" they flaunt, and so should you. It's a total front. There is no innovation, and new ideas are oppressed by old guard management whom remain an overwhelming presence. This bank has gone on tireless campaigns to lure in young tech talent only to assign them to old fashioned, intimidated management, who want nothing to do with change. They have scared off the majority if not all of local tech talent and are ramping up recruiting to unknowingly non-local talent, who surely have even less tolerance for old school stiffs. This bank does a great job presenting a facade of progression in tech, but behind the curtains it is exactly what you'd expect from a dinosaur company who has gone nowhere in decades. I was astounded, witnessing the rate of which talented engineers ran for the door within 1 year of tenure there. It's insane they are even trying to "transform" without first addressing the most obvious barrier, correcting the middle management regime whom are forcing engineers to jump ship and quite literally stifling progress. If you are a talented engineer, tread lightly, it's a trap. There is just something in the air there... a looming disdain and resentment for the younger generation. Oh and don't even think about career progression. They are using stack ranking to force attrition and this has compounded 10x the before mentioned problems because now the arena of employment is that of the hunger games.

Explore other reviews about M&T Bank

5.0
4 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Continuous learning is valued and teams come together in a meaningful way

Cons

I don’t have any now

2.0
16 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Bank Holidays and the vacation time

Cons

They hire knowing there is not enough work to keep you busy, Lack of pay and what they promised to make up for the pay in bonus and OT does not happen. Lack of experienced management who knows what they are doing. QC department that picks on every small detail vs knowing how to get a loan purchased and move on. MOST OF ALL, there is NO training. You are left out in to figure and fend for yourself the M&T Bank way. Lots of useless weekly meetings and the only ones that stay are the long time employees are have no experience working in a "real" mortgage company to know what is right and wrong.

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