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
  • No charge for transaction items and first $5,000 in currency deposited per month
  • Variable interest rate
  • Earn a preferred relationship rate when combined with Tailored Business Checking
  • ATM access​
  • FDIC-insured


​​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 Nearest Branch >

There is no monthly maintenance charge if requirements are met, but other transaction and service fees, including overdraft fees, may apply.
Transaction items are: deposit tickets (teller or virtual), checks paid, checks deposited, ACH credits received (not generated by the customer), and ACH debits received (not generated by the customer). ATM cash deposits are not considered a transaction item.
​Fees for additional currency deposited or supplied are $0.27/$100.
To have qualified for this relationship annual interest rate, a Commercial Savings account and M&T Tailored Business Checking must be opened under the same account owner with a minimum balance of $100.00. Annual interest rate will be applicable to deposits less than $1,000,000. Commercial Savings is a variable-rate account; accordingly, the interest rate may change. The interest rate will be set by M&T Bank at its discretion without reference to any index, formula or schedule.
Deposits are FDIC-insured up to the maximum applicable limits.
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 details.
All M&T deposit accounts are subject to M&T standard account agreements.