MyWay Banking is available for minors 13 to 17 (includes debit card) with a parent or guardian as a joint owner and must go to a branch to open the account.

For an individual account, you must be 18 years or older and a U.S. Citizen to apply.  U.S. citizens who are 18 years or older are welcome to apply online and can open a checking account in less than 10 minutes.

You can apply online for a MyWay Banking account above on this page or schedule an appointment with your local branch for in-person support. Once a checking account has been created, you'll receive a confirmation email and will have the option to enroll in online banking. 

Individuals who are 18+ can open a checking account in less than 10 minutes online. Simply compare checking account types to determine which one best aligns with your individual needs and financial goals then complete the online application.

For a minor ages 13-17, you will need to go to a branch with a parent or guardian to open an MyWay Banking account.  You will need your social security number and birth certificate for identification.

After you have completed the application, a confirmation e-mail will be sent to the email address you provided during the application process. You will also need to print, sign and return your signature card to M&T. If you have decided to mail a paper check to M&T for your opening deposit, you must mail your check, along with your signed signature card, to the M&T address provided on the signature card. Your M&T Debit/ATM card will arrive by mail within 7-10 business days. The card must be activated by phone or M&T ATM with your PIN before using.

All checking accounts require a minimum $25 opening deposit. MyWay Banking does not require a minimum balance amount in order to avoid the monthly maintenance charge.  The account must have a balance greater than $0 to avoid closure. 

If you do not have a sufficient available balance in your MyWay Banking account to cover a transaction, the transaction will be declined and returned unpaid. However, it is possible a payment could be posted to your account resulting in an overdraft situation. For example, this could happen if a transaction is approved for one amount, but the actual charge is more than the money in your account, for instance when adding a tip at a restaurant. If this happens, M&T Bank will not charge you an overdraft fee, but you are still required to bring your account positive.

Yes! Both online banking and M&T Bank's mobile banking app are great ways to help manage your accounts while on the go. You can enroll at no cost, and they come with additional beneifits and conveniences such as transaction alerts, Zelle®{{d547*}}, and Bill Pay{{d685*}} to name a few.

No. MyWay Banking is a checkless account. Any checks presented to M&T for payment will not be paid from this account and will be returned. You have many payment options available. Use your debit card or use Online Bill Pay{{d685*}} from your computer or mobile device. You can also pay back friends or family with Zelle{{d547*}}.

• You can pay bills or businesses using Online Bill Pay, ACH, wire transfers, or using a debit card. Online Bill Pay makes it easy to pay bills; use it to pay almost anyone you'd normally pay by check. You maintain control, determining when and how much to pay. Best of all, there is no charge for Online Bill Pay{{d685*}}
• We also offer additional payment options. For example, cashier's checks are available for a fee in your local M&T branch.
  
• When giving your account number and routing number to a business for payments from your MyWay Banking account, ensure the business does ACH (Automated Clearing House) as the payment. If a check is utilized instead of an electronic transaction through the ACH, the check will be returned and not paid. You may also be charged a fee by the business. Keep in mind you can use your debit card number instead or pay them through Bill Pay.

You can send money to friends or family using Online Bill Pay{{d685*}} or Zelle{{d547*}}. Online Bill Pay isn't just for paying your bills; you can easily make a payment to an individual one time, or set up a recurring payment. Zelle allows you to quickly pay back family and friends{{d547*}}. Log into the M&T Mobile Banking app or in Online Banking and select Send Money with Zelle to enroll.