Commercial Savings Account
Put your company’s cash balance to work. Open this interest-bearing business savings account at a branch near you.
- 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
|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
- DBA firms
- Non-profit organizations
- Firms that carry excess balances
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.