HealthEquity, Inc. (NasdaqGS:HQY) agreed to acquire health savings account (HSA) portfolio from M&T Bank Corporation (NYSE:MTB) on January 21, 2016. The transaction is expected to close on March 11, 2016.

HealthEquity, Inc. (NasdaqGS:HQY) completed the acquisition of health savings account (HSA) portfolio from M&T Bank Corporation (NYSE:MTB) for $6.2 million during the year ended January 31, 2016.