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  • Report:  #1282787

Complaint Review: Hudson City Savings M&T Bank - Paramus New Jersey

Reported By:
Ron Hermance - New Jersey, USA
Submitted:
Updated:

Hudson City Savings M&T Bank
80 West Century Rd Paramus, 07652 New Jersey, USA
Phone:
2019672900
Web:
https://www.mtb.com/personal/Pages/Index.aspx
Categories:
Tell us has your experience with this business or person been good? What's this?

If you think being a customer of Hudson City Savings Bank was bad, try being an employee especially if you are black or latino. Every single member of senior management was a white person, no blacks or latinos in that group. Corporate headquarters at 80 West Century Road, Paramus, NJ 07652, 4th floor executive level from Denis Salamone down - completely white males, except of course for the corporate secretary, a white lady Veronica Olszewski. But dont forget about the housekeeper carrying the lunch trays up and down, she was a latina lady. I guess with the latina lady they thought they were doing "diversity".

In Mortgage Servicing, once again, all white male senior managers, V. Barry Corridon, Bill Lacalamito, Jonathan Toder, Chris Mahler, Tom Laird oh and one lady, for good measure, Bernadette Zelop, of course white. Every other important department also all white, human resources, IT, you name it. Oh wait, I think the mailroom had a black lady manager....a miracle.

When the merger was announced, all the M&T people who came down from Buffalo, NY again, all white. Not a single black or other minority face in the crowd.

What can we expect from a historically racist bank such as Hudson City Savings Bank, who just days before the merger paid $25 million dollars in fines after they were found guilty of mortgage lending discriminiation and purposely avoiding doing business in minority neighborhoods. No different for M&T Bank, who in September 2015 had to settle with the Fair Housing Justice Center for $485,000. All a small sum of cash for these guys. If you look at the millions these guys walked away with when the bank merged, they certainly were laughing at all the workers and their pittance severance packages.

There were a lot of well qualified minority people working at Hudson City, some with advanced degrees, but of course if there is a policy of insitutionalized racism no member of a minority group will ever advance no matter what qualifications they have.

Any person of color or a minority ethinc group should turn their back on Hudson City now M&T Bank, 2 historically racist banks. M&T states how they are "committed to diversity" but if you look at the facts, just more lies.



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