Schmalz v. Manufacturers & Traders Trust Co.

OPINION BY

BOWES, J.:

Marlene Fait Schmalz appeals from the judgment entered in favor of Manufacturers & Traders Trust Company (“M & T Bank”) following a non-jury trial. Upon review, we affirm.

The dispute in this matter centers on whether a certificate of deposit (“CD”), purchased from First Federal Savings Loan Association of Wilkes Barre, Pennsylvania (“First Federal”) on March 3, 1970, was redeemed. The CD was in the names of Mrs. Mildred Fait, Appellant’s mother, and Appellant, and was in the amount of $12,000.1 First Federal later merged with another bank, which was subsequently acquired…