Depository Services for Government Clients
M&T Bank offers governmental entities deposit accounts with competitive rates to help meet your deposit and investment needs.
M&T's Commercial Checking account, a demand deposit account (DDA), provides unlimited check writing and offers earnings credits to offset certain service charges.
Municipal Investment NOW
M&T's Municipal Investment NOW account allows you to centralize transaction and investment deposits in one place. This account pays a competitive variable rate of interest, compounded monthly. Earnings credits may offset certain service charges.
Municipal Money Market Savings
This account allows you to maintain deposits at very competitive rates of interest. Rates are tiered based on balance level, giving you the opportunity to earn premium rates when you maintain larger balances. Earnings credits may offset certain service charges.
Commercial Money Market Savings
Commercial Money Market Savings offers competitive interest rates for savings accounts based on tiered balances.
Certificates of Deposit (CDs)
Certificates of Deposit offer flexible terms and favorable guaranteed rates of interest for the period of time you select.
Deposit Collateralization of Municipal Deposit Accounts
M&T Bank ensures that all your deposits are fully collateralized in accordance with local statutes.
Remote Check Deposit
M&T's Remote Check Deposit service makes depositing checks faster and easier for your organization, saving you both time and money. Simply scan your checks using a certified desktop check scanner attached to any PC, and send check images to be deposited with M&T Bank through your Internet connection.
How to Open a Depository Account
To open an account or enroll in Remote Check Deposit, please contact your M&T Government Banker directly.