Search Log In > Savings Account & CD Options We have smart solutions for every kind of saver. Let us help you choose the options that meet your current – and evolving – savings goals. Need help? Make an Appointment MyChoice Money Market Open a MyChoice Money Market account to take advantage of tiered interest rates1 Disclosure number, please reference additional details in the Disclosures section at the bottom of this page. and avoid a monthly maintenance charge when you maintain $2,500 or more.2 Disclosure number, please reference additional details in the Disclosures section at the bottom of this page. Premium interest rates1 Disclosure number, please reference additional details in the Disclosures section at the bottom of this page. available for qualifying customers Check writing capability Accounts are FDIC-insured up to the maximum applicable limit Learn More Open Online > Relationship Savings Enjoy convenient online access and monitor your account while easily avoiding monthly maintenance charges.3 Disclosure number, please reference additional details in the Disclosures section at the bottom of this page. Compatible with Direct Deposit and M&T’s Easy Save, a feature that allows automatic transfers between M&T accounts – so you can save more Electronic statements to help keep you informed and in charge of your accounts Accounts are FDIC-insured up to the maximum applicable limit Learn More Open Online > M&T Starter Savings Account Is your child or grandchild under 18? Learn about the M&T Starter Savings Account4 Disclosure number, please reference additional details in the Disclosures section at the bottom of this page. , where there is no monthly maintenance charge. A great way for young savers to learn responsible money-management habits No minimum balance requirement to open the account and no monthly maintenance charge Accounts are FDIC-insured up to the maximum applicable limit Learn More Visit Branch > Certificates of Deposit (CDs) CDs can help you earn while you save. Talk to an M&T Relationship Banker about our rate offers.6 Disclosure number, please reference additional details in the Disclosures section at the bottom of this page. Fixed or variable rate for the term of the CD – from 32 days to 72 months Accounts are FDIC-insured up to the maximum applicable limit Learn More Visit Branch > Why Bank with M&T? We understand what’s important. That’s why we’ve built a banking experience with you in mind. Help us make your banking experience better. Send feedback CONTACT US 1-800-724-2440 Locations & ATMs Make an Appointment More ways to reach us ABOUT About M&T Careers Investor Relations Security Search Facebook Twitter LinkedIn Equal Housing Lender. © 2021 M&T Bank. Member FDIC. All rights reserved. Privacy Sitemap Digital Service Agreement ESign Consent Terms of Use Disclosures: Unless otherwise specified, all advertised offers and terms and conditions of accounts and services are subject to change at any time without notice. After an account is opened or service begins, it is subject to its features, conditions and terms, which are subject to change at any time in accordance with applicable laws and agreements. Please contact an M&T representative for full details. On the day your MyChoice Money Market is opened and on the last day of each monthly interest payment cycle, we will determine whether your account will receive the Regular Interest Rate or the Premium Interest Rate (both of which may change daily) during the upcoming monthly interest payment cycle. To qualify for the Premium Interest Rate, you must (1) have a MyChoice Premium Checking or Power Checking and (2) have made three or more qualifying customer-initiated transactions in that checking account during that account's most recently completed monthly service charge cycle. Qualifying customer-initiated transactions include deposits, withdrawals, M&T Bill Pay transactions, automatic payments, debit card purchases and payments and direct deposits. Transfers and payments to other accounts at M&T Bank (including loans and lines of credit) are excluded. Reversals of transactions will be netted against the qualifying transactions. Transactions cannot be aggregated across multiple checking accounts for purposes of meeting this requirement. (Note: If your MyChoice Premium Checking has been open for less than one monthly service charge cycle on any day we determine the applicable interest rate, your MyChoice Money Market Account will receive the Premium Interest Rate during the upcoming monthly interest payment cycle.) No monthly maintenance charge for MyChoice Premium Checking or Power Checking customer OR when you keep a minimum daily balance of $2,500. Regardless of whether a monthly maintenance charge applies, M&T savings accounts are subject to transaction and service fees, including insufficient funds (NSF) and overdraft fees, as noted in the Specific Features and Terms for each account and, also the Additional Fees and Fees for Use of Electronic Banking Card for Consumer Savings Accounts, which are available on request at any M&T banking office or through the M&T Telephone Banking Center. No monthly maintenance charge on Relationship Savings if you maintain a minimum daily balance of $500 or if you have a personal checking account with M&T Bank or by making at least one deposit in your Relationship Savings account during the monthly service charge cycle. Regardless of whether a monthly maintenance charge applies, M&T savings account are subject to transaction and service fees, including insufficient funds (NSF) and overdraft fees, as noted in the Specific Features and Terms for each account and, also the Additional Fees and Fees for Use of Electronic Banking Card for Consumer Savings Accounts, which are available on request at any M&T banking office or through the M&T Telephone Banking Center. M&T Starter Savings accounts can only be opened by individuals under 18 years of age. Eligibility to maintain an M&T Starter Savings account does not end when you reach 18 years of age. There is no monthly maintenance charge for M&T Starter Savings. Regardless of whether a monthly maintenance charge applies, M&T savings accounts are subject to transaction and services fees, including insufficient funds (NSF) and overdraft fees as noted in the Specific Features and Terms for each account and also the Additional Fees and Fees for Use of Electronic Banking Card for Consumer Savings Accounts which are available on request at any M&T banking office or through the M&T Telephone Banking Center. To open an M&T Select® CD, customer must have or open a MyChoice Premium℠ Checking, M&T Select®, M&T Select® With Interest, Employee M&T Select® With Interest or Power Checking account. The minimum deposit required to open any CD account is $1,000. After CD is opened, the minimum balance to obtain the advertised APY is $1.00. APYs stated are accurate as of today's date. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. Offer not available for non-personal accounts and may not be available at all M&T Bank branches. Maximum deposit is $1 million per customer. Advertised APYs cannot be combined with any other offer. Rates are subject to change without notice.