Correction on M&T Bank financing story

Author:
Publish date:
Social count:
0

A Trade Only Today Web brief on Friday, May 7, misstated that M&T Bank was entering marine wholesale finance on a limited basis.

"M&T has a couple of marine dealers who receive both retail and wholesale finance through the bank, but those are long-term bank relationships," said Chet Bridger, vice president of corporate communications at M&T in Buffalo. "We have no new marine wholesale financing clients this year and are not considering adding new ones at this time."

Related

Sales stagnate in March

Overall boat sales in March were slightly lower compared to last year and year-over-year growth was down by just over 1 percent, according to Statistical Surveys Inc., data that was gathered for 30 states.