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505-342-8888
P.O. Box 129
Albuquerque, NM 87103

U.S. New Mexico Credit Union is headquartered in Albuquerque and is the 3rd largest credit union in the state of New Mexico. It is also the 288th largest credit union in the nation. It was established in 1935 and as of December of 2013, it had grown to 183 employees and 71,942 members. U.S. New Mexico Credit Union's savings rates are 15% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

You are eligible if: You are a U.S. Government employee who works in or is supervised from Bernalillo, Valencia or Socorro counties (except: BIA on Zuni or Navajo Reservations in Valencia county; employees of U.S. Postal Service, VA Facility, and Atomic Energy Commission in Albuquerque; employees of GSA and GAO who work at Albuquerque Operations Office of the Atomic Energy Commission; Civilian employees who work at, stationed at, attached to, or supported by the Kirtland Air Force Base). You live, work, worship, or attend school in Sandoval County census tracts: 0101, 0103, 0104, 010701 or 010501. You are 50 years of age or better. You are a family member or roommate of an existing U.S. New Mexico Federal Credit Union member. You will need their name and account number when you join. You are an employee or member of one of the 400+ companies or associations served by U.S. New Mexico Federal Credit Union. - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 U.S. New Mexico Credit Union had $10.82 million in non-current loans and owned real-estate with $85.94 million in equity and loan loss allowances on hand to cover it. This gives U.S. New Mexico Credit Union a Texas Ratio of 12.59% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for U.S. New Mexico Credit Union experienced no significant changes from 12.10% as of December 31, 2012 to 12.59% as of December 31, 2013, resulting in a negative change of 4.10%. This indicates that the balance sheet and financial strength for U.S. New Mexico Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, U.S. New Mexico Credit Union has increased its total deposits by $25.52 million, resulting in 3.89% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth U.S. New Mexico Credit Union has shown is excellent.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. U.S. New Mexico Credit Union has $766.43 million in assets with $85.94 million in equity, resulting in a capitalization level of 11.21%, which is excellent.

Institution Statistics

Overall
NCUA #808
Year Chartered1935
Employees183
Primary Regulator
Assets and Liabilities
Assets$766.43 million
Loans$528.93 million
Deposits$680.97 million
Equity Capital$79.93 million
Loan Loss Allowance$6.01 million
Unbacked Noncurrent Loans$8.86 million
Real Estate Owned$1.97 million
Historic Data - December 2012
Assets$740.03 million
Equity Capital$75.36 million
Loan Loss Allowance$4.90 million
Unbacked Noncurrent Loans$8.86 million
Real Estate Owned$4.35 million
Profit Margin - Quarterly
Net Interest Margin4.27%
Return on Assets0.6%
Return on Equity5.71%
Interest Income$29.31 million
Rates

Always verify rates and promotions with the bank or credit union. We are not U.S. New Mexico Credit Union, we are a rate comparison website and can not provide official rates or promotions.

U.S. New Mexico Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.60%$250k-IRA Share
0.20%--Share Savings

U.S. New Mexico Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$250k-Investment Plus M.M.A. Account

U.S. New Mexico Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$25-Checking Account

U.S. New Mexico Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.40%$1k-60 Month CD
1.20%$1k-48 Month CD
1.00%$1k-36 Month CD
0.80%$1k-24 Month CD
0.60%$1k-18 Month CD
0.50%$1k-12 Month CD
0.45%$1k-6 Month CD
0.30%$1k-3 Month CD

U.S. New Mexico Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.40%$1k-60 Month IRA
1.20%$1k-48 Month IRA
1.00%$1k-36 Month IRA
0.80%$1k-24 Month IRA
0.60%$1k-18 Month IRA
0.50%$1k-12 Month IRA
Locations


U.S. New Mexico Credit Union Locations
Branch Office2608 Tennessee St NEAlbuquerque, NM 87110
Branch Office616 Gold Ave SWAlbuquerque, NM 87102
Branch Office3939 Osuna Rd NEAlbuquerque, NM 87109-4455
Branch Office4411 Irving Blvd NWAlbuquerque, NM 87114
Branch Office53 Jemez Dam RdBernalillo, NM 87004
Branch Office3024 E Main StFarmington, NM 87402-7661
Branch Office5201 Antequera Rd NWAlbuquerque, NM 87120