Life events can cause financial hardship, making bill-paying difficult. Rates Effective as of: 09-15-2023 Certificate Rates TypeĬoverdell Education Savings Certificate 12 MonthsĬoverdell Education Savings Certificate 24 MonthsĬoverdell Education Savings Certificate 60 Months Premier Money Market Account (Up to $10,000)
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Wealth Builder Plus Savings Account ($2,500 - $19,999) Wealth Builder Savings Account (up to $10,000) 6 after they log on to M&T’s mobile and online banking functions.Īccount histories will make the transition from the People’s United system to the one for M&T.Rates Effective as of: 09-15-2023 Savings Rates Account Type
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After that date, customers will not be able to schedule, update or edit any bill payments until Sept. 6, account holders will be able to use M&T’s mobile banking app to lock and unlock their debit card, order a replacement or report their card lost or stolen.Ĭustomers looking to make any updates to the People’s United online bill payments feature should do so before Sept. 3 by following activation instructions included with the card.
People’s United customers should soon receive a new M&T Visa Debit or ATM card in the mail between now and the beginning of September. 1 should be canceled, according to bank officials. Any debit cards People’s United customers have frozen prior to Sept. The controls, which are managed in the People’s United mobile banking app, are being removed, according to M&T officials.Īny debit card freeze that customers put in place prior to Sept. New cardsĬontrols that People’s United debit card holders use will be deactivated at 10 p.m. Customers with any questions about their accounts once the secure messaging system becomes unavailable should contact customer support at (800) 525-9248. The secure messaging system for the People United Online Banking will not accept any new messages after 5 p.m. 6, they can find out more about how the bank’s service allowing transfers to other banks works. Once customers log into M&T’s mobile and online banking on Sept. 2, provided it was scheduled prior to 5 p.m. That will be the last day customers can schedule a new transfer and will be able to update one that is waiting to be processed until Sept. The next change, retiring the bank-to-bank transfer option at People’s United, will take place at the end of the business on Aug. Once the conversion process is complete, M&T officials are urging the newly migrated account holders to consider signing up for the bank’s Zelle service which provides customers with an option for sending and receiving money from people you know and trust. M&T officials are urging account holders who use the People’s United Person-2-Person Pay option to “prepare early by scheduling payments in advance, and saving any previous activity they would like to keep,” according to the e-mail to customers. The payment option allows users to send money to anyone - using an e-mail address or mobile phone number - without having to know their account information. 23 at 3 p.m., when the Person-2-Person Pay capability goes away.
Consumers will have to go to their online accounts with individual vendors to review purchases and other transactions, according to a recent e-mail that was sent to People’s United customers from M&T. 5 at 5 p.m.Īs part of the conversion, the bank’s customers will no longer be able to view electronic versions of merchant bills as part of their online banking capability. The first change involves People’s United’s E-Bills service and takes place Friday Aug. Here’s a rundown on what will change and when those changes will take place: Bill changes
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