Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

New Mexico Banking Rates and News

Browse through the stories below to view current deals for New Mexico banks or select an item from the menu bar above to view current rates in New Mexico.

Special 18-Month CD Rate at BBVA Compass - 1.15%
BBVA Compass

BBVA Compass now has special CD rates that are competitive for both the mid-term and long-term maturities. In March I reviewed the bank’s special 29-month and 60-month CDs. The bank also has a special 18-month CD with a competitive 1.15% APY. Minimum deposit is $500, and the maximum deposit is $2,500,000 ($250,000 maximum deposit for CD accounts opened online). This rate is listed in the bank’s CD promotion page as of 7/17/2014.

BBVA Compass customers who have preferred client relationship may be able to get an extra 10 basis points...

Continue Reading
$150 Checking Account Bonus in Several States at First Citizens Bank
First Citizens Bank (NC)

Unlike most checking account promotions, this one at First Citizens Bank doesn’t require direct deposit. There are other ways to qualify for the bonus without direct deposit. On the downside, it’s similar to most checking account promotions in that the qualifying checking accounts have potential monthly service fees. If you’re careful, this promotion can be a good deal. Here’s the link to the bank’s promotion page.

To receive the $150 bonus, you’ll need to open either a new Premier or Prestige checking account with a new debit card by April 30,...

Continue Reading
Competitive CD Rate Specials at BBVA Compass
BBVA Compass

Last September I reported on a special 5-year CD at BBVA Compass. That special continues, and there’s also a new 29-month CD special that is also competitive. In addition, a few things have changed at Compass. The 5-year CD special still has a 2.00% APY. The new 29-month CD special has a 1.25% APY. Minimum deposit is $500, and the maximum deposit is $2,500,000 ($250,000 maximum deposit for CD accounts opened online). These rates are listed in the bank’s CD promotion page as of 3/24/2014.

One thing that has changed for...

Continue Reading
Special 5-Year CD Rate at MACU - Easy Membership - 2%
Mountain America Credit Union

Mountain America Credit Union (MACU) has just recently come out with a special 5-year CD rate that’s very competitive. It has a 2.20% APY with a $500 minimum deposit. MACU calls these Term Deposits, and they’re available in IRAs. This special term deposit is listed in MACU’s promotions page as of 3/3/2014. According to this page, this is a limited time special. Thanks to DA member OldGuy who posted on this news in the forum.

Some of the term deposit details are listed in the credit union's membership agreement. However,...

Continue Reading
Bank of the West Checking Account Bonuses Return - Certain States Only
Bank of the West

Bank of the West has again brought back its $150 checking account promotion. It looks like the same promotion they were offering last year. Just like the last one, there's also a $200 bonus, but that requires a checking account with high monthly service fees that can't be easily waived. These promotions are listed on Bank of the West's home page.

Details for the $150 bonus are listed in this Bank of the West promotions page. The checking account must be opened by 3/7/2014.

To qualify for the full $150 requires the...

Continue Reading
Kindle Fire HD Checking Account Bonus at BBVA Compass
BBVA Compass

BBVA Compass is again offering a free Kindle Fire HD for opening a checking account and for performing a few activities. It’s a 7" 8GB Kindle Fire HD which is currently selling on Amazon for $139. It is not the Kindle Fire HDX which is much more expensive. Here's the link to the new promotion. Below are the steps required for the bonus:

  • Open any ClearChoice consumer checking accounts by March 31, 2014
  • Within 90 days of account opening, at least one electronic direct deposit of $300 or more from an unrelated...
Continue Reading
7-Month Holiday CD Special at Washington Federal in Western States
Washington Federal

Washington Federal is offering a holiday special CD with terms of 7 or 13 months. It has a 1.00% APY, and the minimum deposit is $1,000. Maximum deposit is $250,000. I found this special mentioned at this Washington Federal deposit rates page on 12/27/2013.

In 2011 Washington Federal had offered top rates on its 5-year CDs. This year they haven’t had any competitive rates for their 5-year CD or other standard terms.

A branch visit has been required to open accounts. For those who prefer opening a CD in a branch,...

Continue Reading
Competitive 5-Year CD Rate at BBVA Compass in Several States - 2%
BBVA Compass

The latest bank to raise its 5-year CD rate to 2% is BBVA Compass. On Friday it raised its 5-year CD rate from 1.25% to 2.00% APY. This is the only CD term that is competitive. Its shorter-term CD rates continue to be low. This 5-year CD rate is listed in the bank’s CD rates page as of 9/16/2013. The rates may vary by location, but this 2% appears to be listed for all of bank’s market areas. Thanks to DA member OldGuy for mentioning this new rate in the...

Continue Reading
Free Samsung Galaxy Tab 3 Checking Account Bonus at BBVA Compass
BBVA Compass

BBVA Compass has another checking account promotion. It’s similar to its January promotion, except that instead of a Kindle Fire, the bank is giving away a Samsung Galaxy Tab 3. The bank also added an extra requirement. So it’ll take more work to qualify for this gift. Here's the link to the new promotion. Below are the steps required for the bonus:

  • Open a consumer checking account with a $25 minimum deposit by 9/30/2013
  • Have a qualifying direct deposit of at least $500 from an unrelated third party post to the account...
Continue Reading
Another Bank of the West Checking Account Bonus - Certain States Only
Bank of the West

Bank of the West has again brought back its $150 checking account promotion. It looks like the same promotion they were offering February. Just like the last one, there's also a $200 bonus, but that requires a checking account with high monthly service fees that can't be easily waived. These promotions are listed on Bank of the West's home page.

Details for the $150 bonus are listed in this Bank of the West promotions page. The checking account must be opened by 8/30/2013.

To qualify for the full $150 requires the following:

  • Must...
Continue Reading
Special 7-Month CD Rate at Washington Federal in Western States
Washington Federal

Washington Federal is offering a special short-term CD. It's a 7-month CD with a 1.00% APY. Minimum deposit is $1,000, and the maximum is $250,000. Thanks to DA reader Pearlbrown who first noted this special in the forum. I found this special mentioned at this Washington Federal deposit rates page on 3/5/2013.

In 2011 Washington Federal had offered top rates on its 5-year CDs. Most of its current standard CD rates are not too competitive.

A branch visit has been required to open accounts. For those who prefer opening a CD in...

Continue Reading
Best 5-Year CD Rate From a Major Credit Union at Mountain America - 2%
Mountain America Credit Union

After other credit unions have cut their CD rates, Mountain America Credit Union (MACU) now has the best 5-year CD and IRA CD rate as compared to other major credit unions. Mountain America calls these Term Deposits. The 5-year Term Deposit has a 2.00% APY. Minimum deposit is $500. This rate is listed at MACU's rates page as of 2/12/2013. Rates are subject to change at anytime.

Some of the term deposit details are listed in the credit union's membership agreement. However, it doesn't appear to list the early withdrawal penalty....

Continue Reading
View Archive