Time Deposits

Make your money work as hard as you do with a fixed rate term deposit that lets you lock in rates for terms up to 10 years.

Lock in your rate on your deposit.

Time deposit offers your business a competitive fixed rate with choice of term to help balance return vs. liquidity.

  • Offers the option of locking in a fixed rate of interest for a period between 7 days and 10 years
  • Competitive fixed rates
  • FDIC coverage​
  • Includes eStatements for more efficient access to your statements through our delivery channel

​Start saving today.

Here are three easy ways to learn more about opening your account:

  • ​Online. Submit a request for more information, and let us know when and how to get in touch with you
  • Phone. Call 1-800-724-2240 to speak to a Commercial Service Team Representative, M-F, 8am - 6pm ET, or call your M&T Relationship Manager directly
  • ​Visit a branch. Stop by your closest M&T branch​
Deposits are FDIC-insured up to the maximum applicable limits.
All M&T savings accounts are subject to M&T standard account agreements.
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.