founding family of the Niagara Mohawk power company, and James V. Forrestal, who would become the first U.S. Secretary of Defense, own enough shares to control both Fidelity and M&T. In 1961, M&T acquired an entire block on Main Street between North Division and Eagle Streets in downtown Buffalo and began plans for a $12 million skyscraper to become the bank's new headquarters. In 1963, architect Minoru Yamasaki, who as featured on the cover of Time magazine that year as he was designing the World Trade Center in New York City, was retained by M&T to design its new building in Buffalo, which was completed in 1967. In 1964, Charles W. Millard succeeded Harriman as chairman of M&T. In 1969, M&T's stockholders voted to create a multi-bank holding company known as First Empire State Corporation. In 1983, the bank which had assets of $2 billion and operated 60 offices, named Robert G. Wilmers as chairman and CEO, a position he held until his death in December 2017. In 1995, First Empire formed a national bank subsidiary, M&T Bank, N.A. 21st century In 2008, M&T received a $600 million investment by the United States Treasury as a result of the Troubled Asset Relief Program (TARP) and M&T assumed another $482 million in TARP obligations from its acquisitions. In 2011, the bank repaid $700 million of TARP funds. On December 16, 2017, Robert Wilmers died and non-executive chairman Robert T. Brady became acting chairman and CEO. On December 20, 2017, René F. Jones was appointed chairman and CEO. In May 2022, M&T announced a $25 million initiative to support lower-income communities and underrepresented groups. The new Amplify Fund will be deployed over 3 years with most of the funds set to be distributed to Connecticut-based organisations and other north-eastern states where People’s United had operated. M&T announced that $9-$11 million will be distributed by the end of 2022, with the rest of the funds to be distributed over the next two year and expects to fund approximately 60-70 organisations in the initiatives first phase. Mergers and acquisitions Between 1945 and 1966, M&T acquired 18 local banking institutions. Between 1987 and 2009, M&T Bank acquired 20 financial institutions, as follows: 1920s Dec. 1925: merged with Fidelity Trust Company under the name Manufacturers and Traders Trust Company May 1927: acquired the People's Bank of Buffalo 1940s Jun. 1945: acquires the First National Bank of