The site of the current building was once referred to as "The Weed Block", (located at Main & Swan) and was built in 1857. The block was home to Millard Fillmore's law office and other prominent Buffalo businessmen.[2] In May 1893, John J. Albright, along with George V. Forman, John Satterfield, and Franklin D. Locke, founded The Fidelity Trust and Guaranty Company of Buffalo, New York.[3] The block was demolished in 1901 to make room for the Fidelity Trust Building.[2]
In 1909, the officers of the Fidelity Trust company commissioned Green & Wicks to build the Fidelity Trust Building. Anson Goodyear described George V. Forman in the following way: "every morning left his house at a certain hour and met George Williams at his house just above North Street, to walk to the Fidelity Building together. Mr. Forman boasted a very prominent corporation and leaned backward to achieve his balance. Mr. Williams was emaciated and bent forward to achieve his. It was a procession on which people checked their watches."[2] In December 1925, the Fidelity Trust Company, with $35 million in assets, merged with Manufacturers and Traders Bank, founded in 1856, with $64 million in assets, under the new name Manufacturers and Traders Trust Company. The $100 million company was headed by Fidelity's President, 36-year-old Lewis G. Harriman. Harriman and a group of investors including A. H. Schoellkopf and James Forrestal, who would become the first United States Secretary of Defense, owned enough shares to control both Fidelity and M&T.[4]
In 1926, the building was expanded with the addition of the west wing. E. B. Green completed the addition.[2] The Fidelity Trust Building is adjacent to the White Building, a double sided building facing both Main and Erie streets, at 298 Main Street.[5]
Subsequent use
The building was later called the M&T Building, and later still the NFTA Building. In 2011, the building was referred to by the owner since 1989, Ellicott Development Co., as "Swan Tower".[2]