#United States #Schenectady #M&T Bank Center #Mohawk Harbor #Galesi Group

M&T Bank and Galesi Group Transform Schenectady's Mohawk Harbor

M&T Bank and the Galesi Group have ignited a new era of entertainment and economic growth in Schenectady, New York, through a pivotal partnership that will redefine the Mohawk Harbor area. On June 5, 2025, the announcement was made that M&T Bank secured exclusive naming rights to a new state-of-the-art event venue, aptly named the M&T Bank Center, set to open in Summer 2025.

This ambitious initiative aims to bolster both community engagement and economic development, positioning the M&T Bank Center as a cornerstone for various activities ranging from live performances to sporting events and community gatherings. As Charles Pinckney, MT Bank’s Regional President for the Capital Region and Hudson Valley, stated, this venue is not just about entertainment.

"We are truly honored to introduce our community to the M&T Bank Center," he said. "We’re confident it will become a catalyst for economic development and civic pride, locally and regionally."

Situated along the revitalized waterfront of Mohawk Harbor, the venue will be more than just a location for events. It is set to become a bustling hub in the Capital Region, drawing in tourism, encouraging new investments, and sustaining residential growth.

David Buicko, President and CEO of the Galesi Group, also expressed enthusiasm about this partnership, highlighting M&T Bank's commitment to community and regional growth as the perfect synergy for this project.

The Vision for the MT Bank Center

The MT Bank Center is envisioned as a versatile event space, designed to host Union College’s Division 1 hockey programs along with various headline entertainment acts throughout the year. This will provide a significant boost to not just Schenectady's cultural landscape but also to its economic activity.

Mohawk Harbor itself is undergoing a transformation as a 650 million dollar mixed-use development, already featuring luxury apartments, hotels, offices, retail shops, and the Rivers Casino Resort. The addition of the MT Bank Center is expected to further enhance this destination, making it attractive for both residents and visitors.

A Commitment to Community

M&T Bank's naming rights agreement is more than just a name; it represents a long-term investment in community growth. The bank has played a vital role in assisting the Galesi Group with the financing required for the construction of the MT Bank Center and previous phases of the Mohawk Harbor project. This partnership exemplifies MT Bank's dedication to community services throughout Upstate New York and the Northeast.

The MT Bank Center's grand opening will be accompanied by the announcement of its programming schedule, promising a wealth of opportunities for engagement and entertainment.

As this project develops, it is clear that the M&T Bank Center is poised to be a dynamic force in Schenectady's growth—an emblem of revitalization and community spirit. The venue is ready to spark a new chapter that will encourage economic opportunities and foster a sense of pride among local residents. In the coming months, detailed information regarding the center’s opening and event calendar will be available at mandtbankcenter.com.

About M&T Bank

Founded in Buffalo, New York, M&T Bank is a financial institution that extends its services across the eastern United States, from Maine to Virginia, and Washington, D.C. The bank is known for its commitment to community engagement and responsible banking practices. For further information, visit www.mtb.com.