New Mexico Bank & Trust


Overview / Commentary
505-830-8169
320 Gold Street, S.W.
Albuquerque, NM 87102

New Mexico Bank & Trust is headquartered in Albuquerque and is the largest bank in the state of New Mexico. It is also the 423rd largest bank in the nation. It was established in 1998 and as of June of 2022, it had grown to 158 employees at 22 locations. New Mexico Bank & Trust has an A health rating.

Reviews (1)

Customer Service Used To Be MUCH Better

Posted by: |

I have had an account with NMB&T since 1997 or 98.  Until a few years ago it was an exceptionally good bank with great customer service.  I don't know what changed on their end but this relationship is slowly ending.  There have been several major errors in information that I received over the phone that cost me a lot of time and money. Then they started charging me a service fee to use my card, on top of what I pay for the other banks ATM.  They have no ATMs where I live, the closest is 60 miles.  Every time I use the card the fees are close to $5 now, or I can drive 60 miles.  Not only did they start charging the $1.50 but the initially did it twice for one transaction.  They really don't care anymore and I really don't see much point in having an account with them.  I have opened an account at NMEFCU.



Health

Health Grade Components

Overall
FDIC Certificate #34726
Year Established1998
Employees158
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.23%
Return on Equity - YTD16.66%
Annual Interest Income$40.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$2.65B$2.50B
LoansQ2 2022vs Q2 2021$1.36B$1.27B
DepositsQ2 2022vs Q2 2021$2.42B$2.20B
Equity CapitalQ2 2022vs Q2 2021$164.3MM$231.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$12.1MM$14.5MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$4.1MM$8.7MM
Real Estate OwnedQ2 2022vs Q2 2021$2.0MM$1.9MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not New Mexico Bank & Trust; 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.

New Mexico Bank & Trust Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$250k*-Signature Series Savings
OTHER TIERS: 0.25% $50k - $150k | 1.00% $150k - $250k
0.75%*$50k*-Platinum Savings
OTHER TIERS: 0.25% Up to $50k
0.10%--Regular Savings
0.00%--IRA Savings

New Mexico Bank & Trust Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$100k*-Regular Money Market
OTHER TIERS: 0.05% Up to $100k
0.10%*$100k*-Premium Money Market Savings
OTHER TIERS: 0.05% Up to $100k

New Mexico Bank & Trust Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$250k*-Signature Series Checking
OTHER TIERS: 0.15% $50k - $150k | 0.75% $150k - $250k
0.50%*-$50kPlatinum Checking
OTHER TIERS: 0.10% $50k+

New Mexico Bank & Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$1k-18 Month CD
0.90%$1k-60 Month CD
0.85%$1k-48 Month CD
0.75%$1k-36 Month CD
0.70%$1k-24 Month CD
0.60%$1k-12 Month CD
0.35%$1k-6 Month CD
0.25%$1k-3 Month CD

New Mexico Bank & Trust IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$1k-18 Month IRA
0.90%$1k-60 Month IRA
0.85%$1k-48 Month IRA
0.75%$1k-36 Month IRA
0.70%$1k-24 Month IRA
0.60%$1k-12 Month IRA
0.35%$1k-6 Month IRA
0.25%$1k-3 Month IRA
Locations

Availability



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