Escrow Services

Do you or your organization act as an escrow agent for third parties? Reduce operating costs and servicing time with one of our Escrow Services accounts.

Types of Accounts

Escrow agents who manage client funds can do so by linking interest-bearing client sub-accounts with a non-interest-bearing escrow agent master checking account.  

We offer two types of Escrow Services accounts for separately tracking client funds: the Lease Security Deposit Account and the Master Escrow Deposit Account. 

Lease Security Deposit Account

This account is designed for landlords who act as trustee for tenant security deposit funds. 

Master Escrow Deposit Account

This account is designed for professionals who act as trustee for client funds – such as attorneys, title companies, home builders, co-op/condo associations and funeral homes that hold funds in trust for clients. 

Benefits of Escrow Services

  • Unlimited number of sub-accounts per master account
  • Checks for disbursement directly from the master account
  • Monthly combined statement summarizing account balances and interest for all sub-accounts established under a specified master account
  • A comprehensive audit trail including 1099 tax reporting managed by M&T
  • Online sub-account management via Escrow Online

How Escrow Online Works

Escrow Online allows escrow agents to effectively manage client sub-accounts and allocations online.

Schedule a Demo >

Ready to get started?

Contact us to open a new Escrow Services account or for assistance with your existing account:

  • Phone. Call 1-800-724-2240 to speak to a Commercial Service Team Representative, Monday–Friday 8am–6pm ET. Or you may call your dedicated M&T Relationship Manager if you're already an M&T client
  • Visit a branch. Stop by your closest M&T branch to open an account or learn more

Account Management Tools for Current Escrow Services Clients

Existing Escrow Services clients can use these helpful tools to manage sub-accounts, allocate funds, and access tax and other forms. 

Access M&T Escrow Online >

Download Escrow Services Processing Forms >

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.
M&T Escrow Services are provided subject to M&T Bank's standard escrow account agreements, terms, disclosures and set-up forms. M&T Bank does not act as escrow agent, trustee or in any other fiduciary capacity with respect to funds you place in escrow accounts under M&T Escrow Services. You are responsible for acting as escrow agent or trustee in respect of your principal's funds and for complying with all agreements, laws and regulations that may govern your holding of escrow funds on behalf of your principal.