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.
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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

$100,000

​​Minimum Loan Amount

$2,000

Rates

[[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