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Solid online and mobile banking apps make your accounts easy to manage.
GOBankingRates has ranked it among the Best Banks of 2025 forNew Mexicocustomers.
The account provides useful benefits without fees as long as youenroll in e-statements.
Free Checking is non-interest-bearing.
But most customers will find it far superior to the interest-bearing options.
For larger balances, you might find much better rates elsewhere.
Other terms are available, but their rates are far less favorable.
Tiered rates grow as your balance increases.
Just be aware of the low rates and other drawbacks of banking here.
Rates:New Mexico Bank and Trust accounts have low rates, especially on balances under $100,000.
The exception is the 18-month CD.
The cashflow feature is especially useful if youre prone to overdrawing your account an expensive error at this bank.
How Does New Mexico Banks and Trust Compare?
New Mexico Bank and Trust is just one of several New Mexico financial institutions hoping to earn your business.
First New New Mexico Bank has alarger selectionof checking and savings accounts, all with waivable fees.
But youll have to call the bank toget rate information.
It offers a basic selection of deposit accounts that earnabove-average rates.
However, all the accounts, including thechecking accounts, have limited free debits and withdrawals.
All other information on accounts is accurate as of Dec. 18, 2024.
All factors were then scored and combined, with the lowest score being the best.
All products and offerings had to be available as of Nov. 8, 2024, to be considered.
Rates are subject to change; unless otherwise noted, rates are updated periodically.
All other information on accounts is accurate as of Dec. 18, 2024.
