How much of a difference will the rate make?
Use this tool to see the benefits of compounding over a range of saving periods, using an interest rate expected on your deposits and assuming a tax-advantaged account with interest compounded monthly.
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.