M&T Bank plans to close 10 branches inside Stop & Shop supermarkets across Connecticut in 2026. This move is part of a broader shift in how the bank connects with customers.
While some in-store locations are disappearing, M&T says it’s putting new resources into standalone branches. The bank insists it’ll still have a strong physical presence statewide, even as people’s banking habits keep changing.
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M&T Bank plans another round of in-store branch closures
M&T Bank confirmed it’s shutting down 10 in-store branches inside Stop & Shop supermarkets next year. This isn’t the first time the bank has closed supermarket branches, and it probably won’t be the last.
The closures will roll out in phases during spring 2026. Both big cities and small towns will feel the impact, from Fairfield County suburbs to the Naugatuck Valley and the northwest hills.
Timeline and affected Connecticut locations
The first wave of closures hits on April 16. Branches in Hamden, Simsbury, Stratford, and Vernon are on that list.
On April 30, another group goes: Bridgeport, Milford, Westport, and Wilton. Two more—Torrington and Waterbury—will close later, though those dates aren’t set yet.
Unlike the others, Torrington and Waterbury are supposed to get new standalone branches eventually. That’s a bit of a silver lining if you live nearby.
What customers can expect after the closures
Even after the closures, M&T says customers can still use basic services at these Stop & Shop locations. The bank plans to keep standalone ATMs running at all 10 supermarket sites for cash and quick banking tasks.
M&T will keep operating 14 other in-store branches statewide. After these changes, the bank will still have 109 branches in Connecticut—apparently more than any other bank in the state.
Stop & Shop, meanwhile, will keep running 81 supermarkets across Connecticut, stretching from New Haven County to Hartford County and beyond.
Future plans for the vacated Stop & Shop spaces
Stop & Shop hasn’t shared what it’ll do with the empty bank spots. A spokesperson said they’re still figuring it out, and plans could change depending on each store’s needs.
Retail analysts guess those spaces might become pharmacy counters, online order pickup spots, or something else entirely. But honestly, nobody’s nailed down a decision yet.
Employees and community impact
M&T Bank says the closures won’t cause layoffs. The bank plans to offer affected employees jobs at other branches, so staff can keep working and serving customers in nearby places like Fairfield, Norwalk, and Ansonia.
That’s a relief for some, especially after the layoffs that happened when M&T bought People’s United Bank. Those job cuts still sting for a lot of Connecticut residents.
New investments signal long-term commitment
While M&T is closing some in-store locations, it’s also putting money into new brick-and-mortar branches. The bank has plans for new standalone branches in Torrington and Waterbury.
It just opened a new spot in Bridgeport’s Honey Locust Square. M&T also runs a regional headquarters and call center in Bridgeport.
That operation employs more than 1,000 local workers. CEO René Jones admitted the bank’s still figuring out its Connecticut approach.
He said M&T wants to serve local communities across the state more effectively. The bank seems determined to stay rooted in Connecticut, leaning on new branches, digital tools, and local investment.
Here is the source article for this story: M&T Bank plans to close 10 branches at Stop & Shop stores in CT
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