1M&T Bank Salary

1M&T Bank Salary

How much does the 1M&T Bank Pay for employees?

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As of August 2026, the average annual salary for employees at 1M&T Bank in the United States is $113,992. This translates to an approximate hourly wage of $55. Salaries at 1M&T Bank typically range from $99,928 to $129,292 annually, reflecting the diverse roles and experience levels within the company. 1M&T Bank’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at 1M&T Bank

Ready for your next career move? Explore current job openings at 1M&T Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 1M&T Bank’s Pay Competitive? Salary Benchmarking Analysis

How does 1M&T Bank’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
1M&T Bank
Financial Services
C/O TD Bank
7Santander Bank
Industry Comparison
Our data shows that, on average, compensation at 1M&T Bank is below the average for the U.S. Financial Services industry by approximately 6%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared 1M&T Bank average annual salary with several similar companies. 1M&T Bank average salary of $113,992 is higher than C/O TD Bank, which has an average salary of $110,986. It is lower than 7Santander Bank, with their average salary at $114,182. This places 1M&T Bank in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How 1M&T Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at 1M&T Bank. Click a company name to learn more.

Employee Reviews: Working at 1M&T Bank

Considering a career at 1M&T Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Collaboration is part of the DNA here, and leaders make time to listen and coach. The environment is inclusive and diverse, which enriches teamwork and innovation. The culture emphasizes collaboration, innovation, and diversity, making every day rewarding. Communication is clear but sometimes delayed, affecting collaboration.
Commented in April 18, 2025
23
0
The break room is well-stocked and inviting. Change is managed thoughtfully, with proper communication and training. Leadership communicates long-term goals regularly. Their expertise is evident in strategic decisions. Internal mobility is actively encouraged. It’s an organization that genuinely wants to make a positive difference for clients and employees alike.
Commented in July 05, 2024
29
3
The company's strong reputation in the industry makes me proud to work here. Continuing education is actively supported. Job security and company stability make this an excellent place for long-term careers. Processes are deeply rooted, so adaptability is limited. Governance practices are best-in-class.
Commented in January 14, 2024
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1M&T Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
397 1st Ave New York New York NY 10010
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About 1M&T Bank
1M&T Bank is a company that operates in the Financial Services industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in New York, New York.

What Benefits Does 1M&T Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. 1M&T Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at 1M&T Bank.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from 1M&T Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of 1M&T Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 1M&T Bank

1. What is the typical salary range (low to high) for most roles at 1M&T Bank?

The typical annual salary range for most roles at 1M&T Bank is approximately from $99,928 to $129,292. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does 1M&T Bank pay compared to C/O TD Bank?

The average annual salary at 1M&T Bank is $113,992, or an hourly wage of $55, in comparison to C/O TD Bank which pays $110,986 per year or $53 per hour.

3. How does experience level affect salary at 1M&T Bank?

Experience level is a significant factor in determining salary at 1M&T Bank, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from 1M&T Bank in New York is fair given the local cost of living?

To determine if a salary offer from 1M&T Bank in New York is fair, first compare the gross salary to our data for similar roles at 1M&T Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

5. What factors influence salary increases at 1M&T Bank?

Salary increases at 1M&T Bank are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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