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Interest Rates

With the financial markets changing every day, it is important that you have the most accurate and up-to-date information regarding opportunities to invest your money or to borrow the funds you need for that new car or home. At New Mexico Bank & Trust, we pride ourselves in offering our customers a full range of deposit and loan products at competitive rates.

These rates may change at any time without prior notice. For up-to-date CD and IRA rates please contact one of our Financial Services Counselors at 505-830-8100 in Albuquerque, 505-762-4741 in Clovis and 505-946-2500 in Santa Fe. For Mortgage Lending Rates, please call 563-589-2077.

CD Rates Interest Rates APY Minimum Deposit
03 Month 2.03% 2.05% $1,000.00
06 Month 2.09% 2.10% $1,000.00
12 Month 2.19% 2.20% $1,000.00
18 Month 2.19% 2.20% $1,000.00
24 Month 2.29% 2.30% $1,000.00
36 Month 2.39% 2.40% $1,000.00
48 Month 2.48% 2.49% $1,000.00
60 Month 2.73% 2.75% $1,000.00
Specials please contact your banker

(APY) Annual Percentage Yields are accurate as of 07/17/2008. These rates may change at any time without prior notice. After your CD is opened, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Minimum deposit to earn the APY is $1,000. Minimum balance to earn APY is $.01.

 


IRA Rates Interest Rates APY Minimum Deposit
3 Months 2.03% 2.05% $1,000
6 Months 2.09% 2.10% $1,000
12 Months 2.19% 2.20% $1,000
18 Months 2.19% 2.20% $1,000
24 Months 2.29% 2.30% $1,000
36 Months 2.39% 2.40% $1,000
48 Months 2.48% 2.50% $1,000
60 Months 2.73% 2.75% $1,000

(APY) Annual Percentage Yields are accurate as of 07/21/2008. These rates may change at any time without prior notice. After your CD is opened, the interest rate is fixed for the term. A penalty is imposed for early withdrawal.

 

 

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