Featured Savings Rates
Featured Accounts

Bank of New Mexico

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.25%5-year CD60 Months CD
0.35%1-year CD12 Months CD
0.05%SavingsSavings Account

Overview / Commentary
505-285-6611
824 West Santa Fe Avenue
Grants, NM 87020

Bank of New Mexico is headquartered in Grants and is the 28th largest bank in the state of New Mexico. It is also the 3,454th largest bank in the nation. It was established in 1947 and as of March of 2016, it had grown to 45 employees at 5 locations. Bank of New Mexico has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #16590
Year Established1947
Employees45
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD7.35%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$160.0MM$166.1MM
LoansQ1 2016vs Q1 2015$57.7MM$48.3MM
DepositsQ1 2016vs Q1 2015$143.4MM$149.2MM
Equity CapitalQ1 2016vs Q1 2015$16.3MM$16.6MM
Loan Loss AllowanceQ1 2016vs Q1 2015$910.00K$802.00K
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$205.00K$44.00K
Real Estate OwnedQ1 2016vs Q1 2015$0$26.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of New Mexico Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Keep It Simple Savings
0.05%--Pay Yourself First (PYF) Savings
0.05%--Learn to Save Youth Savings
0.05%$100-Savings Account
0.05%--SBA Savings

Bank of New Mexico Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*$100mLiquid Money Market Deposit Account
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k | 0.15% $50k - $100k
0.20%*$500k*-High Yeild/High Balance Money Market Deposit Account (MMDA)
OTHER TIERS: 0.05% $2,500 - $500k
0.20%*$100k*-Money Market Deposit Account
OTHER TIERS: 0.05% $2,500 - $10k | 0.10% $10k - $50k | 0.15% $50k - $100k
0.20%*$100k*-SBA MMDA Personal
OTHER TIERS: 0.05% Up to $10k | 0.08% $10k - $25k | 0.09% $25k - $50k | 0.12% $50k - $100k
0.20%*$100k*-MMDA Personal-Special
OTHER TIERS: 0.05% Up to $10k | 0.08% $10k - $25k | 0.09% $25k - $50k | 0.12% $50k - $100k
0.15%*$50k*-SBA MMDA Business
OTHER TIERS: 0.05% Up to $10k | 0.08% $10k - $25k | 0.09% $25k - $50k

Bank of New Mexico Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$100k*$100mPremium Relationship Checking Account
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $100k
0.15%*$100k*-Business Checking with Interest
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $100k
0.15%*$50k*-SBA Interest Checking
OTHER TIERS: 0.05% Up to $10k | 0.08% $10k - $25k | 0.09% $25k - $50k
0.05%--Relationship Value Checking
0.05%--Banking on the Job Checking
0.05%$500-Personal NOW Account
0.05%$500-Golden Security Account
0.05%--Small Business/Non Profit Checking with Interest
0.05%--SBA Preferred Checking

Bank of New Mexico CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$100k*-60 Months CD
OTHER TIERS: 1.05% $1k - $10k | 1.10% $10k - $25k | 1.15% $25k - $50k | 1.20% $50k - $100k
1.00%*$100k*-48 Months CD
OTHER TIERS: 0.80% $1k - $10k | 0.85% $10k - $25k | 0.90% $25k - $50k | 0.95% $50k - $100k
0.75%*$100k*-36 Months CD
OTHER TIERS: 0.55% $1k - $10k | 0.60% $10k - $25k | 0.65% $25k - $50k | 0.70% $50k - $100k
0.50%*$100k*$100m24 Months CD
OTHER TIERS: 0.40% $1k - $25k | 0.45% $25k - $100k
0.45%*$100k*-18 Months CD
OTHER TIERS: 0.35% $1k - $25k | 0.40% $25k - $100k
0.35%*$100k*-12 Months CD
OTHER TIERS: 0.25% $1k - $25k | 0.30% $25k - $100k
0.25%*$100k*-183-364 Days CD
OTHER TIERS: 0.15% $1k - $25k | 0.20% $25k - $100k
0.20%*$100k*-91-182 Days CD
OTHER TIERS: 0.10% $1k - $25k | 0.15% $25k - $100k
0.15%*$100k*$100m30-90 Days CD
OTHER TIERS: 0.05% $1k - $25k | 0.10% $25k - $100k

Bank of New Mexico IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$75k*-36 Month IRA
OTHER TIERS: 0.65% $500 - $10k | 0.75% $10k - $75k
0.60%*$75k*-24 Month IRA
OTHER TIERS: 0.50% $500 - $10k | 0.55% $10k - $75k
0.45%*$75k*-12 Month IRA
OTHER TIERS: 0.35% $500 - $10k | 0.40% $10k - $75k
0.35%*$75k*-182 Day IRA
OTHER TIERS: 0.25% $500 - $10k | 0.30% $10k - $75k
Locations


Bank of New Mexico Locations
Milan Branch609 West Highway 66Milan, NM 87021
Grants State Bank824 West Santa Fe AvenueGrants, NM 87020
Gallup Branch1600 East Highway 66Gallup, NM 87301
Albuquerque Branch7401 Jefferson Street NortheastAlbuquerque, NM 87109
East Roosevelt Branch1015 East Roosevelt StreetGrants, NM 87020