(Save the date:RealShareNJ comesto the Hyatt Regency on Sept. 19, New Brunswick,NJ)
PARAMUS, NJ-Hudson City Bancorp, which is basedhere and has 97 branches around New Jersey, is merging withM&T Bank Corp. to create one of the largercommunity banking franchises in the eastern UnitedStates.
"This merger creates tremendous opportunities to build on thesuccesses that each company has achieved individually in its ownmarkets," says Hudson City chairman and CEO, Ronald E.Hermance, Jr., in a statement announcing that his bankwill become a subsidiary of M&T, which is based in Buffalo,NY.
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