Western Alliance Bank vs M&T Bank
Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to M&T Bank? Read our comparison chart below.
Western Alliance Bank offers high-yield savings products and CD accounts.
While M&T Bank has over 960 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 12 months with a $1,000 minimum opening deposit.
Compare Western Alliance Bank with M&T Bank, side-by-side.
Western Alliance Bank | M&T Bank | |
|---|---|---|
High-Yield Savings Premier - 3.80% APY | Personal Checking Account - $200 Bonus - | |
Benefits and Features | ||
| Savings | High-Yield Savings Premier: 3.80% APY | 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 | Up to 4.00%; 2-12 month term CDs. $1 minimum deposit. | Terms from 32 days to 120 months. Minimum opening deposit $1,000. |
| Checking | Personal Checking, Personal Interest Checking | |
| ATMs | More than 1,800 M&T Bank ATMs in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, Virginia, West Virginia, and the District of Columbia. | |
| Customer Service | Mon - Fri 8:00 am - 9:00 pm (ET); Sat - Sun 9:00 am - 5:00 pm (ET). | |
| Locations | 960+ bank branches located throughout Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, Virginia, West Virginia, and the District of Columbia. | |
CreditDonkey® Reviews | ||
| Savings |  | |
| CD | | |
| Fees | | |
| Mobile App |   | |
| Customer Service | | |
| Pros & Cons | Pros:
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| Bottom Line | Solid bank that offers high APY savings products with a fully digital experience... | |
| Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Western Alliance Bank: Information sourced from the published website as of 02/21/2026. M&T Bank: Pricing information from published website as of 02/24/2026 based on 14203 zip code | ||
High-Yield Savings Premier - 3.80% APY
- No account fees
- Option to open individual or joint account
- FDIC insured up to $250,000 per depositor
- Only $500 minimum opening deposit
High Yield Savings Account - 3.80% APY
- No fees
- $1 minimum deposit
- 24/7 online access
- FDIC insured
High-Yield CD Rates - Up to 4.00% APY
- No fees
- $1 minimum deposit
- FDIC insured
| Term | CD Rates |
|---|---|
| 2 Month | 4.00% APY |
| 3 Month | 4.00% APY |
| 4 Month | 4.00% APY |
| 5 Month | 3.40% APY |
| 6 Month | 3.50% APY |
| 9 Month | 3.40% APY |
| 12 Month | 3.30% APY |
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Western Alliance Bank or CIT Bank.
Articles on Western Alliance Bank
Western Alliance Bank Review
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