Personal Banking / Savings
A savings account at New Mexico Bank & Trust is an important part of your family’s finances. We have savings options that can help you save for everything from a dream vacation to retirement.
Your savings are now federally insured up to at least $250,000 per depositor through December 31, 2013.
Regular Statement Savings Account
For a low minimum balance, our Regular Statement Savings account allows you to save for your everyday financial goals. Open your account with $100 (waived for minors) and maintain a $100 balance to avoid a monthly service charge.
All of our savings and money market accounts have ATM access via a debit card with a New Mexico Bank & Trust checking account. Transactions are limited to six per month at no cost. You may incur a per-transaction fee after the sixth. For money market accounts, no more than three transactions may be third party checks.
Money Market Account
Enjoy the benefits of a savings account, plus the convenience of writing up to 3 checks per month. Maintain a minimum balance of $2,500 to avoid a monthly service charge fee.
Premium Money Market
For a money market that offers more, deposit $25,000 into our Premium Money Market account and earn a premium rate while enjoying convenient access to your money. A hassle-free account with no minimum balance, no monthly service charge, and check writing capability.
Certificates of Deposit
Our CDs offer maturities ranging from 3 months to 60 months, and usually provide the best return for savers who can keep their money on deposit for the specified period.
Individual Retirement Account CDs
IRA CDs have tax-deferred status and are also covered to applicable limits by the Federal Insurance Deposit Corporation.
 Christmas Club Account
With a weekly deposit, you can prepare for the additional expense of Christmas throughout the year. A check will be mailed to you for the amount you saved, plus interest. Open the account with a $5 deposit. Additional deposits can be made through an automatic transfer from your checking or another savings account at New Mexico Bank & Trust.
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