M&T Bank has appointed Carmen Magistro as Northern Pennsylvania Regional President. Previously serving as M&T’s Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, Magistro has assumed additional responsibilities to help strengthen M&T’s presence in the community and enhance service to customers throughout the region.
In this expanded role, Magistro will partner closely with the Community Bank leadership team for Northern Pennsylvania while continuing to oversee M&T’s commercial banking operations in the region. Magistro succeeds Phil Johnson, who announced his planned retirement at the end of 2024.
“A lifelong resident of Northern Pennsylvania with an enduring commitment to its communities, Carmen is well-positioned to guide M&T’s efforts in fostering economic growth and supporting local businesses,” said Mike Keegan, M&T Bank Senior Executive Vice President and Head of Community Banking. “His experience and leadership will be pivotal in driving forward our mission of enabling customers, colleagues, and communities to thrive.”
Magistro joined M&T Bank in 2009 and has more than 22 years of experience in the financial services industry, with expertise spanning commercial banking, business banking, and government banking. Throughout his tenure, he has been actively engaged in the community and involved with organizations such as the Greater Wilkes Barre Chamber of Commerce, Junior Achievement of NEPA, United Way of Wyoming Valley, Unico National Wilkes-Barre Chapter, Allied Services Greater Autism Classic, and Fine Arts Fiesta.
“Northern Pennsylvania is made up of unique and vibrant communities, each with a rich history and distinct needs,” said Magistro. “I look forward to working alongside our employees to strengthen relationships, provide the financial resources our customers need and contribute to the region’s continued success.”
M&T Bank has a strong presence in Northern Pennsylvania, with a network of 34 branches and over 45 ATMs serving the region from Centre County to Wayne County, inclusive of Pottsville, Scranton, State College, Stroudsburg, Wilkes Barre, Williamsport, and the surrounding areas. Its local engagement model ensures that decisions about community activities, grants, and lending are made locally, enabling a more personalized approach to banking.
