Centinel Bank of Taos is headquartered in Taos and is the 17th largest bank in the state of New Mexico. It is also the 2,416th largest bank in the nation. It was established in 1969 and as of June of 2019, it had grown to 48 employees at 2 locations. Centinel Bank of Taos has an A health rating.
What it means to be a small town bank
I moved to Taos in the 00's and was looking for a good local branch to do my banking. I evaluated many of the banks in the area and I easily decided on Centinel. It's a small, family owned bank that hasn't been around that long but has made a big impact on the area. Nearly everyone I know has at least one account there. They have the best people in town behind their windows. It's always a pleasure to go in an do whatever banking I need because I get to see those friendly faces. They have implemented both online and mobile banking which is a must for me and it works for my needs. It's not the fanciest app, but it works. I do a lot of selling on the Internet and I've never had issues with transfers in or out. I haven't used their loan services, but I know my people in town have, and they are great to work with.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19904 |
| Year Established | 1969 |
| Employees | 48 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.05% |
| Return on Equity - YTD | 23.33% |
| Annual Interest Income | $4.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $263.1MM$244.5MM |
| Loans | Q2 2019vs Q2 2018 | $99.2MM$87.2MM |
| Deposits | Q2 2019vs Q2 2018 | $236.2MM$223.4MM |
| Equity Capital | Q2 2019vs Q2 2018 | $24.2MM$18.5MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.6MM$1.6MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $286.00K$0 |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Centinel Bank of Taos; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Centinel Bank of Taos Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Minor Savings Account | |
| 0.05% | - | - | Simple Savings Account | |
| 0.05% | - | - | Health Savings Account (HSA) | |
| 0.05% | - | - | Enterprise Savings Account |
Centinel Bank of Taos Money Market Rates
Centinel Bank of Taos Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Personal NOW Checking | |
| 0.05% | - | - | Enterprise NOW Checking |
Centinel Bank of Taos CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $1k | - | 5 Year CD | |
| 0.90% | $1k | - | 4 Year CD | |
| 0.75% | $1k | - | 3 Year CD | |
| 0.40% | $1k | - | 2 Year CD | |
| 0.25% | $1k | - | 1 Year CD | |
| 0.05% | $1k | - | 91 Day CD | |
| 0.05% | $1k | - | 182 Day CD |
Centinel Bank of Taos IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.25% | $1k | - | 5 Year IRA CD | |
| 0.80% | $1k | - | 30 Month IRA CD | |
| 0.50% | $1k | - | 18 Month IRA CD |
| Centinel Bank of Taos Locations | ||
|---|---|---|
| Centinel Bank Of Taos | 512 Paseo Del Pueblo Sur | Taos, NM 87571 |
| Northside Branch | 707 Paseo Del Pueblo Norte | Taos, NM 87571 |