M&T Bank Promotional Certificates of Deposit

M&T Bank is offering promotional certificates of deposit with terms between 6 months and 60 months. The promotional CD rates offered are not the best CD rates around but they are competitive. The bank's highest promotional CD rate is for their 60 month certificate of deposit. The current CD rate is 2.23% with an annual percentage yield (APY) of 2.25%.

The bank's 12 month certificate of deposit rate is currently at 1.09% with an APY of 1.10%. While this CD rate isn't the highest CD rate it still beats the national average CD rate of 1.03%.



M&T Bank Promotional CD rates and CD Yields:



  • 6 months CD rate 0.50% APY 0.50%

  • 12 months CD rate 1.09% APY 1.10%

  • 18 months CD rate 1.24% APY 1.25%

  • 24 months CD rate 1.24% APY 1.25%

  • 36 months CD rate 1.44% APY 1725%

  • 60 months CD rate 2.23% APY 2.25%


M&T Bank Select CD rates and CD Yields:



  • 6 months CD rate 0.35% APY 0.35%

  • 12 months CD rate 0.85% APY 0.85%

  • 18 months CD rate 0.85% APY 0.85%

  • 24 months CD rate 1.01% APY 1.01%

  • 36 months CD rate 1.01% APY 1.01%


M&T Bank also offers business time deposits (Certificates of Deposit). Call (800) 724-6070 for business CD Rates.

All certificate of deposit accounts are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000. You can open a certificate of deposit by stopping by a local branch or by calling 800-724-3222.

M&T Bank was established in 1856 as Manufacturers and Traders Bank. The bank has $68.9 billion in assets and more than 750 branches in Delaware, Maryland, New York, Pennsylvania, Virginia, Washington D.C and West Virginia.
 
Author: Brian McKay
March 19th, 2010
Posted in: CD Rates from Banks