M&T Bank vs PNC Bank

M&T Bank is an upper East Coast bank with free checking option and good promo CD rates. How does it compare to PNC Bank? Read our comparison chart below.

M&T Bank has 690 branches serving the Upper East Coast and Florida. Offers a no-fee checking, as well as interest checking but with heavier requirements to waive service fees. Select Promo CD offers high rates for terms up to 36 months with a $1,000 minimum opening deposit.

While PNC Bank has 2,600 branches in 28 states mostly on the East. Checking accounts offer a unique Virtual Wallet feature with financial tools to help achieve goals. Account fees are easily waived by meeting account balance or direct deposit requirements.

Compare M&T Bank with PNC Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	M&T Bank	PNC Bank
	SPECIAL OFFER Personal Checking Account - Up to $200 Bonus - Learn More Read M&T Bank Review	SPECIAL OFFER PNC Virtual Wallet Student - Learn More Read PNC Bank Review
	Benefits and Features
Savings	0.01% APY. Monthly service fee of $7.50 unless you 1) maintain a minimum daily balance of $500 or more or, 2) have a personal checking account with M&T Bank or, 3) make at least one deposit in your Relationship Savings account	4.65% APY
CD	4.50% APY. Terms of 12 - 18 months. Minimum opening deposit $1,000.
Money Market	2.27% APY. M&T MyChoice Money Market Regular Interest.
Customer Service	Mon - Fri 8:00 am - 9:00 pm (ET); Sat - Sun 9:00 am - 5:00 pm (ET).
ATMs	More than 1,800 M&T Bank ATMs in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia.
Locations	690 bank branches located throughout New York, New Jersey, Pennsylvania, Maryland, Washington, D.C., Virginia, West Virginia and Florida
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: Free checking option High APY for Promo CD Free savings with checking Cons: Fee heavy Subpar savings APY Limited branches	Pros: Virtual Wallet tools Relatively easy to waive fees Free student account Cons: Limited branches Low APY
Bottom Line	Upper East Coast bank with free checking option and good promo CD rates... Read full review	East Coast bank with advanced financial tools to help achieve goals... Read full review
	Personal Checking Account - Up to $200 Bonus Personal Checking Account - $350 Bonus	PNC Virtual Wallet Student High Yield Savings Account - 4.65% APY PNC Bank Promotional CD
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. M&T Bank: Pricing information from published website as of 09/09/2023 based on 14203 zip code PNC Bank: Pricing information from published website as of 09/09/2023 based on 91107 zip code.

Which is Better: M&T Bank or PNC Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing M&T Bank or Chase.

In short: PNC Bank's mobile app is worth mentioning.

Articles on M&T Bank

M&T Bank Review

If you are on the upper East Coast, you probably see M&T Bank frequently. With a free checking option and a range of deposit accounts, does it meet your needs?