North One vs M&T Bank

North One is a good business banking features and tools with no monthly fees. How does it compare to M&T Bank? Read our comparison chart below.

North One offers business banking with built-in financial tools. You get unlimited sub-accounts, a bill pay feature, and app integrations.

While 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.

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

		M&T BankNovoBluevineChaseWells FargoKeyBankBank of America
	Visit Site	Learn More
	North One	M&T Bank
	SPECIAL OFFER North One Free Business Banking - Up to 2.50% APY - Learn More Read North One Review	SPECIAL OFFER Referral Program - Up to $500 Bonus - Learn More Read M&T Bank Review
	Benefits and Features
Savings	No savings account, but you can create unlimited envelopes for savings goals	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
CD		Terms from 32 days to 120 months. Minimum opening deposit $1,000.
Checking	$0 monthly fee; no balance requirements
Monthly Fee	$0
APY	up to 3.00% APY for Plus Accounts; up to 2.50% APY for Standard Accounts that meet eligibility requirements
Minimum Deposit to Open	$50
ACH Transfer Fee	$0
ATMs	38,000+ MoneyPass 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.
Balance Requirement	None
Cash Deposit Fee	up to $4.95; 1 refund/month (Standard members); 3 refunds/month (Plus members)
Customer Service	Phone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST.	Mon - Fri 8:00 am - 9:00 pm (ET); Sat - Sun 9:00 am - 5:00 pm (ET).
Incoming Wire Transfer Fee	$0 for domestic wires
Locations	Online only	700 bank branches located throughout New York, New Jersey, Pennsylvania, Maryland, Washington, D.C., Virginia, West Virginia and Florida
Out of Network ATM Fee	Fee from ATM owner
Outgoing Wire Transfer Fee	$20 for domestic wires
Overdraft Fee	$0
	CreditDonkey® Reviews
Checking
Fees
Mobile App
Customer Service
Savings
CD
Money Market
Pros & Cons	Pros: No monthly fees Unlimited envelopes App integrations Cons: No international wires Cash deposit fee	Pros: Free checking option High APY for Promo CD Free savings with checking Cons: Fee heavy Subpar savings APY Limited branches
Bottom Line	Good business banking features and tools with no monthly fees... Read full review	Upper East Coast bank with free checking option and good promo CD rates... Read full review
	Visit Site	Learn More
	North One Free Business Banking - Up to 2.50% APY North One Plus Business Banking - Up to 3.00% APY North One Free Business Banking - Up to 2.50% APY	Referral Program - Up to $500 Bonus M&T Tailored Business Checking Account - $1,500 Bonus M&T Tailored Business Checking Account - $750 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. North One: Information sourced from the published website as of 02/25/2025. M&T Bank: Pricing information from published website as of 04/24/2025 based on 14203 zip code

North One Free Business Banking - Up to 2.50% APY

• 2.50% APY on balances up to $250,000 for eligible customers
• Business banking for teams
• Automatic invoice ingestion and payments
• Sales and revenue analytics
• Unlimited account envelopes
• Close to 100 integrations
• Over $5000 in perks for new customers
• No monthly fees, no application fees, no minimum balance

North One is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.

Learn More

North One Plus Business Banking - Up to 3.00% APY

• 3.00% APY on balances up to $250,000 for eligible customers
• Priority email/chat support
• Dedicated relationship manager
• Implementation and onboarding assistant
• $0 same-day ACH payments, bill payments, and physical checks
• Lowest transaction fees
• $50 minimum opening deposit
• $20 monthly fee

North One is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.

Learn More

North One Free Business Banking - Up to 2.50% APY

• 2.50% APY on balances up to $250,000 for eligible customers

• Unlimited envelopes for all your business budgets
• Integrations with popular accounting and payment processing apps
• Automate your bill payments
• $50 minimum opening deposit

North One is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.

Learn More

Which is Better: North One or M&T Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing North One or Novo.

In short: North One's mobile app and customer service are outstanding.

Articles on North One

NorthOne Review

North One is a banking platform for small businesses. But is it right for you? Find out the unique features it offers and how it compares.

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Is NorthOne Safe

North One offers convenient online banking for small business owners. But is North One safe and legit? Read on to find out.

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?

• M&T Bank vs Chase
• M&T Bank vs Wells Fargo
• M&T Bank vs KeyBank

Which Do You Think is Best?