CD laddering spreads funds across multiple certificates of deposit (CDs) with different maturity dates as a way to provide increased returns with periodic access to funds—to either reinvest or withdraw as needed.
On April 2, 2022, People's United Bank, N.A. merged into M&T Bank. It is now part of M&T Bank and its former branches and most services will operate as the People's United division of M&T Bank until we complete the integration of our systems later in 2022. M&T Bank is a Member FDIC, Equal Housing Lender and Equal Opportunity Lender.