Commercial Savings Account
Put your company's cash balance to work. Open this interest-bearing business savings account at a branch near you.
Top Features
- Ideal for sole proprietorships, partnerships, DBAs, non-profits and firms with excess balances
- No monthly maintenance fee when maintaining a $300 daily balance{{d29*}}
- No charge for transaction items{{d30*}} and first $5,000 in currency deposited per month{{d489*}}
- Variable interest rate
- Earn a preferred relationship rate when combined with Tailored Business Checking{{d570*}}
- ATM access
- FDIC-insured{{d211*}}
Fees
Monthly Fee
$5.00 unless a $300 daily balance is maintained
Is this product right for your business?
This product is best for the following businesses:
- Sole proprietorships
- Partnerships
- DBA firms
- Non-profit organizations
- Firms that carry excess balances
Eligibility Requirements
A $100 daily collected balance is required to earn interest.
How to Open an Account
You can stop by your nearest M&T Bank branch, and a Relationship Manager will help you open an account.
