Many analysts, commentators, pundits, and investors alike hold up Wells Fargo (NYSE:WFC) as being the cream of the U.S. banking crop. Warren Buffett, the Oracle of Omaha himself, points to Wells as best in class for its simple, well-run operation.

The Oracle of Omaha, being folksy. Courtesy of TaxHaven

But many investors are nervous about investing in a bank that is "too big to fail," and justifiably so. With higher capital requirements, and ever-increasing regulation, its not unreasonable to expect higher costs and lower returns at the mega banks.

Fortunately for bank investors, there are banks in the U.S. that follow the same simplified model of banking as Wells Fargo, without having the baggage of the mega banks. In the video below, Motley Fool contributor Jay Jenkins highlights one such bank, M&T Bank Corp (NYSE:MTB), a regional player in the Mid-Atlantic.