M&T Simple Checking for Business

Just starting out? We can help you keep it simple with a checking solution that covers the basics. Stop by a branch near you to open your account.

Open Account

Top Features

  • Ideal for businesses that are just starting out  
  • No monthly maintenance fee if at least one of the requirements below is met:
    • Complete five (5) transaction items within your monthly statement period
    • Maintain an Average Ledger Balance of $2,500 or more
  •  No charge for first 100 transaction items per month and first $5,000 currency deposited or supplied per month
  • Account management using M&T Online Banking for Business, Mobile for Business and ATMs
  • Comes with an M&T Business Debit Card with chip technology

Fees

Monthly Maintenance Fee

$10.00

Additional Transaction Items Fee

$1.00 per transaction, in excess of first 100 checks paid, checks deposited, deposit tickets (whether physical or created virtually in connection with an ATM, mobile, remote check deposit or other electronic deposit), ACH credits and ACH debits

Paper Statement Fee

$2.00 (waived if account is enrolled in electronic delivery and does not receive paper statements)

Is this product right for your business?

This product is best for the following businesses:

  • Small businesses
  • Businesses that are just starting out and may have fewer transactions 

Customize Your Debit Card

Express your company's personality by customizing your M&T Business Debit Card with a logo or other image.

How to Open an Account

You can open your account at your nearest M&T Bank branch where a Relationship Banker will assist you.

Find Nearest Branch >

Eligibility Requirements

  • ​​You must be at least 18 years old
  • All applicants are subject to review of past account handling and verification of the information provided
  • Business documentation may be required depending on business ownership structure (please contact a branch associate for details)

FAQs

What is the minimum balance?

You need to maintain a $2,500 minimum Average Ledger Balance to avoid a monthly maintenance fee, but there is no minimum balance required to keep the account open.

Can I get a debit card with my company’s logo?

Absolutely. You can request an M&T Custom Card with your company’s logo, imagery, a photo of your headquarters or another photo of your choice. 

There is no monthly maintenance fee if requirements are met, but other transaction and service fees, including insufficient funds (NSF) and overdraft fees, may apply.
Transaction items are checks paid, checks deposited, deposit tickets (whether physical or created virtually in connection with an ATM, mobile, remote check deposit or other electronic deposit), ACH credits and ACH debits. Additional transaction fees may vary.
Transaction items are checks paid, checks deposited, deposit tickets (whether physical or created virtually in connection with an ATM, mobile, remote check deposit or other electronic deposit), ACH credits and ACH debits. Additional transaction fees may vary.
​Fees for additional currency deposited or supplied are $0.25/$100.
​Use of the M&T Custom Card design service is subject to program Terms and Conditions and Image Guidelines. See full terms and conditions at mtb.com/customcard 
​Use of the M&T Custom Card design service is subject to program Terms and Conditions and Image Guidelines. See full terms and conditions at mtb.com/customcard 
All M&T checking accounts are subject to M&T standard account agreements.
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.