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M&T Bank Aligns with BSG Financial to Offer Profit-Enhancing Programs.


Correspondent banks benefit from strategic alliance

LOUISVILLE, Ky. -- BSG BSG Battlestar Galactica
BSG Broadband Stakeholder Group (UK)
BSG British Society of Gastroenterology (London, UK)
BSG Business Systems Group
BSG Business Solutions Group
BSG Basigin
 Financial, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a provider of profit-enhancing programs and marketing services to the financial industry, announced a strategic partnership with Buffalo, N.Y.-based M&T Bank, a regional financial institution with more than $57 billion in assets.

The partnership will enable M&T Bank to introduce BSG Financial's CourtesyConnect[R], a Web-based courtesy overdraft protection program, and Re$ubmitIt[R], a solution that increases income for banks and their financial customers through electronic recovery of returned deposit items, to M&T's family of correspondent financial institutions.

"M&T Bank continually strives to offer the best products and services to our customer base and family of banks," said Steve Schramm vice president of M&T Bank. "After careful due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , we are confident that expanding our services with BSG Financial's CourtesyConnect and Re$ubmitIt will enable us to offer the most effective and profitable programs to our correspondents."

BSG Financial's responsibilities include creating and presenting proposals as well as pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma
 projections and leading the sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation.  after initial introductions through implementation. The company also offers follow-up through and after implementation via program performance reviews, Users' Group A users' group (also users group or user group) is a type of club focused on the use of a particular technology, usually (but not always) computer-related.  conference calls, compliance updates and ongoing program updates.

"As one of the pre-eminent banks in the country, M&T Bank is known for providing its customers with superior and proven programs," said Barrett Nichols, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BSG Financial. "BSG Financial shares the same pursuit of excellence through developing and delivering the industry's most innovative and profit-enhancing solutions. We are confident this strategic alliance will foster growth and profitability for all parties involved."

About M&T Bank

Buffalo, N.Y.-based M&T Bank was founded 150 years ago in Western New York
Western, New York is also the name of a town in Oneida County, New York.


Western New York refers to the westernmost region of New York State.
. M&T's parent company, M&T Bank Corp. (more than $57 billion in assets as of December 31, 2006) is one of the 20 largest commercial bank holding companies in the U.S. Customers are able to bank at more than 660 branches throughout New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Maryland, Pennsylvania, Washington, D.C., Virginia and West Virginia. In addition, customers have access to an ATM network of more than 1,500 locations as well as state-of-the-art telephone and Web banking.

M&T Bank is recognized for its financial strength and sound management. For more information please visit mandtbank.com.

About BSG Financial, LLC

Louisville, Ky.-based BSG Financial develops and manages innovative, profit-enhancing programs for the financial industry. Its flagship program, "The Responsible Approach[TM]", uniquely provides the industry's first outsourced solution for courtesy overdraft management, CourtesyConnect[R], as well as the in-house OverdraftHonor[R] program. The company also provides Re$ubmitIt, an electronic recovery solution for returned deposit items that increases income for financial institutions and their commercial customers, and a sale/leaseback program to help banks and credit unions generate capital from non-earning depreciated Depreciated may refer to:
  • Depreciation, in finance, a reference to the fact that assets with finite lives lose value over time
  • Depreciated is often confused or used as a stand-in for "deprecated"; see deprecation for the use of depreciation in computer software
 assets.

BSG Financial, recognized by Bank Technology News as an industry innovator, is privately owned and has offices in Kentucky, Texas, Florida and Pennsylvania. For more information about the company, visit www.BSGfinancial.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 27, 2007
Words:507
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