Explore m&t bank's savings accounts and cds. The current cd rate is 2.23% with an annual percentage yield (apy) of 2.25%. To help savers make an informed decision, compare m&t bank cd rates against 459 other banks and credit unions—the following table sorts from highest interest rate to lowest with terms.
Rates / annual percentage yield terms above are current as of the date indicated. Also keep in mind that banks change yields. Find out whether the interest rates are good on the certificates of deposit (cds) from m&t bank and compare its early withdrawal penalties to online bank cds.
The highest cd rates today reach 5.06% apy, but the key is to find the best cd rate that matches a term that fits your financial needs. The bank's 12 month certificate of deposit rate is currently at 1.09% with an apy of 1.10%. M&t bank has the following cd rates, cd rate terms are from 3 months to 5 years, you can apply online by filling out the application which will take 10 minutes to complete, or you can. Some banks even offer different cd types, like a cd where you can raise.
View top features, rates, fees and get customized, personal support as you develop your personal savings plan. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Compare that to early 2022, before the federal reserve embarked on its. In particular its 1 year cd is typically priced a higher yield than shorter dated securities such as a 3 month cd but could be lower than a 5 year cd, except in inverse yield curve environments.
Take a look at current rate.