Lock in a great rate and watch your savings grow.

Features & benefits that give you peace of mind

Setup is simple: We take steps that make setting up a CD easy. Open online or visit a branch near you today.

Fixed rates: Lock in your rate--guaranteed for the term of your M&T CD.

Flexible terms: Choose from a wide range of terms from 32 days to 120 months.

A low minimum requirement: Open a CD with a minimum deposit of just $1,000{{d1025*}}, regardless of the term you select.

FDIC-insured: All M&T CDs are FDIC-insured, up to the maximum applicable limit.

Eligibility Requirements

• The minimum deposit required to open a CD account is $1,000{{d1025*}}
• M&T Select CD accounts require a qualifying M&T Bank checking account to oepn{{d1026*}}
• Other M&T CD accounts (from 32 days - 72 months) do not require a qualifying checking account or an existing M&T relationship to open{{d1191*}}

Penalties

• Early withdrawal (for account terms greater than 364 days): $50 plus 182 days' interest on the non-interest portion of the withdrawal is made if the terms of the account during which the withdrawl si made is more than 364 days.
• Early withdrawl (for account terms less than 365 days): $25 plus 91 days' interest on the non-interest portion of the withdrawal computed, without compounding, at the interest rate in effect when the withdrawal is made if the term of the account during which the withdrawal is made is less than 365 days.