NEW MEXICO ENERGY

Headquarters

PO BOX 5400
Albuquerque, NM 87185
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.70% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

New Mexico Energy is an NCUA insured institution located in Albuquerque, NM. It was founded in 1956 and has approximately $48.8 millions in assets.

NCUA Insured Yes
Charter Number # # 11190
Date Established 1956
Assets $48.80 million
Loans $17.82 million
Deposits $43.52 million
Capital $5.01 million
 

Deposit Rates - January 22, 2021

Your Current Location: Connecticut, CT 06828

We do not yet have rates for New Mexico Energy

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

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Loan Rates - January 22, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for NEW MEXICO ENERGY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.480% 2.375% 1.00 $3,500 $972 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.562% 2.500% 0.75 $2,030 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to NEW MEXICO ENERGY
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are New Mexico Energy branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


New Mexico Energy Locations


Financial Details

New Mexico Energy Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of New Mexico Energy. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
New Mexico Energy U.S. Average
0.34% 4.42

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of September 30, 2020, New Mexico Energy had $16,984 in non-current loans and $0 in owned assets. To cover these potential losses it had $5,005,507 in net worth and $52,007 in loans loss reserves. That gives it a Texas Ratio of 0.34%.

Net Worth
New Mexico Energy U.S. Average
10.25% 12.91%

New Mexico Energy FCU has a net worth of 10.25% versus the BestCashCow average of 12.91. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About New Mexico Energy

Branches and Savings

What is New Mexico Energy?

A federal credit union, registered with the NCUA under certificate #11190.
Learn more about credit unions here.

Is New Mexico Energy FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join New Mexico Energy?

Please see Field of Membership information above for information on who is eligible to join.

What are New Mexico Energy's share account and share certificate rates?

New Mexico Energy's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is New Mexico Energy?

New Mexico Energy has total capital of $5.01 million. Full information on New Mexico Energy's financial position is located above.

Who owns New Mexico Energy?

Credit Unions are owned by their members.

Where are New Mexico Energy branches located?

See branch locations nearby.

Are New Mexico Energy ATMs Open 24/7?

Do New Mexico Energy ATMs accept cash deposits?

Can New Mexico Energy customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does New Mexico Energy have a mobile app?

Does New Mexico Energy have mobile deposit?

Does New Mexico Energy have quick pay?

How can New Mexico Energy transfer money to other banks or credit unions?

Does New Mexico Energy report to credit bureaus?

Does New Mexico Energy use Chexsystems?

Does New Mexico Energy use Equifax?

What is New Mexico Energy's toll free phone number?

What is New Mexico Energy's ACH Routing Number?

What is New Mexico Energy's SWIFT code?

Where can I find New Mexico Energy's wire transfer form?

What is the New Mexico Energy address for deposits?

What Products Does New Mexico Energy Offer

Does New Mexico Energy offer mortgages?

Compare mortgage rates here.

Does New Mexico Energy offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does New Mexico Energy offer auto and RV loans?

Compare auto loan rates here.

Does New Mexico Energy offer student loans or personal loans?

Compare personal loan rates here.

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