Features of a Cash-Secured Loan from M&T
- Competitive fixed-interest rates
- Secured by cash deposits, such as those from an M&T Certificate of Deposit or an M&T Savings Account2
- Loan is secured by the funds in your deposit account, which must equal at least 100% of the loan amount
- Fast approval process
- Prompt, professional attention
- Relationship discounts for customers with qualifying M&T Bank consumer checking accounts
- A great way to build your credit
Maximum Loan Amount
$100,000
Minimum Loan Amount
$2,000
Rates
7.24% - 9.49% APR3
Repayment Term
12 - 120 months4
Make a Loan Payment
Already have a cash-secured loan with M&T? We offer a number of different ways to make your loan payment, so you can choose the most convenient method for you.