Deposit Services
Let M&T Bank help you efficiently conduct transactions on your business deposit accounts and manage your organization’s liquidity needs, both short and long term. We provide a full suite of deposit options - checking, savings, money market or CD.
Checking Accounts
Choose between two commercial checking account options and decide whether you'd prefer to earn interest or generate earnings credit rate to offset service charge.
Corporate Checking
Analyzed, tiered, non-interest-bearing checking account
Provides earnings credit rate to reduce or offset service chargesÌý
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Fully integrated withÌýTreasury ManagementÌý²õ±ð°ù±¹¾±³¦±ð²õ
Corporate Checking with Interest
Analyzed, tiered, interest-bearing checking account
Competitive interest rates
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Fully integrated withÌýTreasury ManagementÌý²õ±ð°ù±¹¾±³¦±ð²õ
Money Market Savings & Time Deposits
Get competitive rates and flexible terms on money market savings accounts{{d342*}}Ìýthat can help your business reach its savings goals.
Commercial Money Market Savings
Tiered interest rates for savings balances
Competitive variable interest rates based on tiered balance
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Includes eStatements for more efficient access to your statements
Corporate Money Market Savings
Tiered interest rates for savings balances
Competitive variable interest rates based on tiered balances
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Includes eStatements for more efficient access to your statements
Time Deposits
Option of locking in a fixed interest rate between 7 days and 10 years
Competitive fixed rates
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Includes eStatements for more efficient access to your statements through our delivery channel
Escrow Services
Save time and operating costs with escrow services – benefits include tax reporting, online management and unlimited sub-accounts.
Lease Security Deposit Account
Designed for landlords who act as trustee for tenant security deposit funds.
Master Escrow Deposit Account
Designed for professionals who act as trustee for client funds – such as attorneys, title companies, home builders,Ìýcondo/co-op associations, home owners associations, funeral homes, municipalities, and 1031 exchangesÌýthat hold funds in trust for clients.
Corporate & Institutional Escrows
Designed for professionals who want the bank to act as the escrow agent where funds are only released per a specific solution - either simple or highly-customized.
Personal Mortgage Escrow
Designed for homeowners looking to manage escrow payments to pay property taxes, homeowner's insurance and flood insurance.Ìý
Benefits of Escrow Services
Save Time. Open and close sub-accounts in real-time through M&T Escrow Online. Self-serve with no need to contact the bank directly.
Seamless Fund Management. ÌýDeposit and withdraw funds for sub-accounts via ACH, wire, check and RTP using M&T Escrow Online.
Operational Efficiency. Easily upload W-9s for quick processing. Bulk upload of multiple sub-accounts at the same time.
Comprehensive Reporting. Customized reporting to the sub-account transaction level. View, print and download up to 24 months of history via M&T Escrow Online.
Reduce Costs. Minimize time spent on maintaining project accounts and ensuring funds are not being commingled.
IRS Reporting. 1099 tax information report sent to you and your clients, and IRS reporting of client interest as applicable.
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M&T Escrow Online streamlines account management by allowing you to easily:
Open or close sub-accounts
Deposit or withdraw funds
Create custom reports
Upload tax documentation
Monitor transactions in real time
Administer escrow funds
Ready to Get Started?
CallÌý1-800-724-2240Ìýto speak to a Commercial Service Team Representative M-F,Ìý8am-6pm ET,Ìýor call your M&T Relationship Manager directly.Ìý Or stop by your closestÌý.Ìý
