NEw products at local banks: M&T Bank

M&T BANK

1 M & T Plaza

Buffalo

(716) 842 4200

www.mandtbank.com

Asset-based Finance. M&T's asset based finance group now offers an alternative to independent finance companies, which allows the bank to respond under circumstances beyond typical commercial banking parameters

Services include integration of credit and access to customized international, treasury, asset management and trust services. With the capability to deliver both asset-based and structured financing solutions, we can respond competitively in a broad range of situations beyond the reach of generalist commercial bankers.

International trade finance. M&T's international trade finance group provides working capital for exporters. M&T offers:

M&T Realty Capital Corp. M&T Realty Capital Corp. specializes in financing multifamily, commercial income property and residential health-care facilities of all sizes throughout the country. The unit can offer Fannie Mae/FHA, Freddie Mac and CRE Capital Markets (loan placements and syndications).

Investment banking group. As a result of the Allfirst merger, M&T Bank now offers taxable and tax-exempt bond underwriting and remarketing.

Municipal finance advisory. In addition, where M&T formerly engaged in joint ventures to provide various services, our bank is now able to offer the following services in-house:

Merger and acquisition advisory. Capital sourcing in the private debt and equity markets.

Corporate finance advisory. Debt private placements.

UNION STATE BANK

100 Dutch Hill Road

Orangeburg

(845) 365 4600 www.unionstate.com

Business Banking Advantage is Union State Bank's new business checking account that offers money-saving benefits specifically designed for businesses.

This value-added product offers save on long distance, overnight shipping, office supplies, employee benefits and business insurance.

WACHOVIA BANK N.A.

301 South College St.

Charlotte, N.C.

(704) 374 6161 www.wahovia.com

Money mangement solution. Wachovia Bank N.A., has introduced business cash manager (BCM), a new money management solution, for small businesses in New Jersey, New York, Connecticut, Pennsylvania and Delaware.

The program will allow small businesses to better run, manage and monitor their business finances.

* BCM offers the opportunity to design a tailored money management package that:

* Bundles the traditional banking products and services they use most often.

* Waives the monthly maintenance fee when balances meet $25,000.

* Helps them maintain liquidity to meet daily cash needs.

* Offers overdraft protection transfers.

* Allows 500 no-charge transactions per month.

* Features a menu of discounted entrylevel cash management services.

* Offers earnings credit on balances over $25,000.

* Features an enhanced online banking package.

* Gives the business owners a free personal account.