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.

Find the Nearest Branch