New Mexico Bank & Trust
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.51% | Reward Checking | 1.33% - National Average |
| 1.20% | 5-year CD | |
| 0.65% | 1-year CD |
New Mexico Bank & Trust is headquartered in Albuquerque and is the largest bank in the state of New Mexico. It is also the 550th largest bank in the nation. It was established in 1998 and as of December of 2018, it had grown to 156 employees at 17 locations. New Mexico Bank & Trust has an A health rating.
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Customer Service Used To Be MUCH Better
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34726 |
| Year Established | 1998 |
| Employees | 156 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.82% |
| Return on Equity - YTD | 19.05% |
| Annual Interest Income | $60.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.49B$1.45B |
| Loans | Q4 2018vs Q4 2017 | $1.05B$1.02B |
| Deposits | Q4 2018vs Q4 2017 | $1.31B$1.23B |
| Equity Capital | Q4 2018vs Q4 2017 | $148.6MM$130.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $9.1MM$9.7MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $3.4MM$2.0MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $341.00K$1.3MM |
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 Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.51%* | - | $20k | Cash Rewards Checking - Qualifying | ||
| OTHER TIERS: 0.01% → $20k+ | |||||
| 1.06%* | $250k* | - | Signature Series Checking | ||
| OTHER TIERS: 0.40% → $50k - $150k | 0.60% → $150k - $250k | |||||
| 0.75%* | - | $50k | Platinum Checking | ||
| OTHER TIERS: 0.25% → $50k+ | |||||
New Mexico Bank & Trust CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.20% | $1k | - | 60 Month CD | |
| 1.15% | $1k | - | 48 Month CD | |
| 1.05% | $1k | - | 36 Month CD | |
| 0.90% | $1k | - | 24 Month CD | |
| 0.75% | $1k | - | 18 Month CD | |
| 0.65% | $1k | - | 12 Month CD | |
| 0.30% | $1k | - | 6 Month CD | |
| 0.25% | $1k | - | 3 Month CD |
New Mexico Bank & Trust IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.20% | $1k | - | 60 Month IRA | |
| 1.15% | $1k | - | 48 Month IRA | |
| 1.05% | $1k | - | 36 Month IRA | |
| 0.90% | $1k | - | 24 Month IRA | |
| 0.75% | $1k | - | 18 Month IRA | |
| 0.65% | $1k | - | 12 Month IRA | |
| 0.30% | $1k | - | 6 Month IRA | |
| 0.25% | $1k | - | 3 Month IRA |
