Cash-Secured Loans

Get more from the funds you already have. Finance a big purchase or consolidate high-interest debt with a cash-secured loan from M&T.

All loans and lines of credit are subject to credit approval. Additional terms and conditions may apply, depending on the type of collateral and other terms offered or chosen.

Features of a Cash-Secured Loan from M&T

  • Competitive fixed-interest rates
  • Secured by cash deposits, such as those from an M&T Certificate of Deposit or an M&T Savings Account
  • Loan is secured by the funds in your deposit account, which must equal at least 100% of the loan amount
  • Fast approval process
  • Prompt, professional attention
  • Relationship discounts for customers with qualifying M&T Bank consumer checking accounts
  • A great way to build your credit

​​​Maximum Loan Amount


​​Minimum Loan Amount



[[MinAPR]] - [[MaxAPR]] APR

Repayment Term

12 - 120 months

Make a Loan Payment

Already have a cash-secured loan with M&T? We offer a number of different ways to make your loan payment, so you can choose the most convenient method for you.

Learn How to Pay Your M&T Loan >

Cash deposit accounts do not include accounts designated as a retirement account.
To qualify for the lowest APR available:  1) the term of the loan must be 60 months or less and; 2) you must have or open an M&T MyChoice Premium or Power Checking account at time of application; and 3) automatic payment deductions from any M&T checking account must be established. To open an M&T MyChoice Premium Checking account, a minimum deposit of $25 is required.  Your final APR will be based on your credit profile (as reported to M&T Bank by an outside reporting agency) and deposit relationship. Current APRs range from [[MinAPR]] - [[MaxAPR]] and are subject to change.  Offer good in [[OfferStates]].
A payment example on a [[ExampleAmount]] M&T Cash-Secured loan with a 60-month term at a non-discounted APR of [[ExampleAPR]] would be [[ExamplePayment]] per month.
Cash Secured Loan Rate Handler
Cash Secured Loan
MinAPR 7.24%
MaxAPR 9.49%
ExampleAmount $10,000
ExampleAPR 8.49%
ExamplePayment $205.12
OfferStates CT, DE, NH, NJ, NY, ME, MD, MA, PA, VT, VA, DC and WV