Best Local Bank Savings and Money Market Rates in New Mexico, NM July 30, 2025

You are viewing savings rates from banks across New Mexico

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If you have your savings dollars in a big bank or a bank with low savings rates, then you are losing money. We've found FDIC insured banks that will pay you more. Take a few minutes to explore the options below and see how you can boost your savings by more than 6X the national average rate. There is competition for your money. Take advantage of it!

NM - July 30, 2025

Savings Account National Average Rate: 0.45% ^?

Banks	APY	MIN
Axos Bank	4.66%	$0	Learn More
Last change: ↑ 4.05% on April 28.
wertlkgt \| Mar 28, 2022 Vaporware. Was approved to open an account. I logged in on several different browsers with differing rendering codes--each time got nothing but 3 circles running left to right for up to a half hour when I ... Read More Reviews (9)
Neighbors Bank	4.60%	$25,000	Learn More
Online Savings Account. Account is indicated as not currently available to new customers, but bank accepts new customers who sign up to be notified after 1-2 weeks. Last change: ↓0.15% on March 12. Rate History: 5.15% → 5.00% → 4.85% → 4.75% → 4.60%
redstate jeff \| Oct 29, 2024 Agree with the prior review even though it is 10 years old. It is shady and it doesn't show up on other sites. However, they did pay me 5.30% and although it is recently lowered to 5.15% it is still the b... Read More Reviews (2)
PiBank, a division of Intercredit Bank, NA	4.60%	$0	Learn More
Last change: ↓ 0.15% on February 3.
Teresa McGee \| Jan 22, 2025 It wasn't all smooth. I needed to call, long wait times. In the end, I felt like the beta customer which isn't how you want to feel with a bank. Read More Reviews (1)
FitnessBank, a division of Affinity Bank	4.55%	$100	Learn More
Rate requires download of bank app and recording of over 12,500 average daily steps (or 10,000 if over age of 65). Last change: ↓0.20% on February 3. Rate History: 4.75% → 5.00% → 4.90% → 4.75% → 4.55%
JGothelf \| Oct 11, 2022 Glad to have found this one and thanks to bestcashcow for not hiding the best rates like bankrate does Read More Reviews (26)
Climate First Bank	4.46%	$50,000	Learn More
New money only. Requires Direct Deposit. Account carries a $15 monthly service charge. Rate History: 5.34% → 4.72% → 4.46%
tjgarnett \| Mar 2, 2024 Attracted to the name, but the service had too many steps so I didn't open an account. Read More Reviews (1)
Peak Bank	4.44%	$100	Learn More
Last change: ↓ 0.10% on May 3.
Rate History: 4.75% → 4.35% → 4.54% → 4.44%
Gary Smith \| Jan 28, 2025 4.75% is an introductory rate and they are not openly clear about that. Don't expect 4.75% to continue. They are otherwise competitive. Read More Reviews (1)
TotalDirect, a division of City National Bank of Florida	4.41%	$2,500	Learn More
Direct Money Market Account. Rate History: 4.86% → 4.67% → 4.51% → 4.47% → 4.41%
79Thru \| Mar 21, 2023 Parent seems to be owned by a large Chilean bank. Not saying this is good or bad, but it is complication, especially in the current environment. Read More Reviews (9)
Citibank, National Association	4.35% 0.20%	$0 $1	Learn More
Promotional rate for 3 months up to $11,000. Requires $25,000 in new deposits within 10 days of registration. After 3 month promotional period, rate reverts to between 0.03% and 0.12%. Rate History: 5.00% → 4.75% → 5.00% → 4.50% → 4.35%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (22)
Brilliant Bank, a division of Equity Bank	4.35%	$2,000	Learn More
Surge Money Market. Bank reports that this rate is available for new accounts only. External transfers are limited to $5,000/day and are not free. Rate History: 4.85% → 4.70% → 4.50% → 4.40% → 4.35%
Jason T \| May 30, 2023 They really do pay this amount, but the account lacks any functionality and they are constantly looking for some sort of add-on fee to enable them to claw back the interest. Any bank with a higher rate an... Read More Reviews (6)
CFG Bank	4.32%	$1,000	Learn More
High Yield Money Market. External transfers are limited to $30,000 per week. Rate History: 4.80% → 4.65% → 4.52% → 4.37% → 4.32%
TJK \| Sep 30, 2023 CFG overs very competitive Interest rates on their High Yield Savings account. I did everything ONLINE and have not had any issues with their service. Read More Reviews (51)
Vio Bank, A Division of MidFirst Bank	4.31%	$100	Learn More
Cornerstone Money Market Account. Bank reports that this account is available to new customers only. Old account holders in the savings product are earning 1.10%. Rate History: 4.56% → 4.46% → 4.41% → 4.36% → 4.31%
Jim S \| Dec 21, 2023 Very easy to setup 6 month 5.35% CD from cornerstone account Read More Reviews (38)
TIAA Bank / Everbank	4.30%	$0	Learn More
Performance Savings Last change: ↓0.10% on January 18. Rate History: 5.15% → 5.05% → 4.75% → 4.40% → 4.30%
smithy1968 \| Mar 20, 2025 A non-customer-friendly organization that just switches between two contaminated brands trying to bring back some sort of goodwill that it had before it started selling fake foreign currency CDs in 2006 an... Read More Reviews (40)
Citi Accelerate	4.30%	$0	Learn More
Last change: ↓ 0.05% on August 7, 2024.
Rate History: 4.35% → 4.30%
Michelle \| Jun 30, 2020 I can easily imagine the pain and the trouble Karen went through. I tried and open accounts, too, but when I asked questions on the phone, the customer service person was not very knowledgeable, kind, or p... Read More Reviews (3)
Rising Bank, a division of Midwest BankCentre	4.30%	$1,000	Learn More
External outbound transfers are limited to $25,000 per day. Last change: ↓0.10% on April 18. Rate History: 5.00% → 4.90% → 4.50% → 4.40% → 4.30%
Az1 \| Aug 26, 2022 Too slow to raise rates. Read More Reviews (8)
Bread Savings, a division of Bread Financial	4.25%	$100	Learn More
High-Yield Savings Account. Outbound transfers limited to $10,000/day or less. Last change: ↓0.05% on July 13. Rate History: 4.50% → 4.40% → 4.35% → 4.30% → 4.25%
m abram \| Jul 4, 2025 Bread's current 6-month CD is 4.45%, not 4.35%. Read More Reviews (41)
First Foundation Bank	4.25%	$1,000	Learn More
Online Savings Account Last change: ↓0.15% on May 24. Rate History: 4.90% → 4.75% → 4.50% → 4.40% → 4.25%
james \| Nov 18, 2023 bank delayed 1-2days to credit into your account, pay less interest. Read More Reviews (32)
Quontic Bank	4.25%	$100	Learn More
Quontic Money Market Account. Rate History: 4.00% → 4.75% → 4.50% → 4.25% → 4.25%
JuanVelasco \| Mar 17, 2023 STAY AWAY ! They closed my accounts with no warning. After multiple successful direct deposits and mobile checks deposits, they claimed one of the three checks I deposited a few days ago was fake. No... Read More Reviews (15)
Banesco USA	4.25%	$300	Learn More
Rate History: 4.50% → 4.40% → 4.25% → 4.00% → 4.25%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Ivy Bank, a division of Cambridge Savings Bank	4.25%	$2,500	Learn More
Online Savings Account. Last change: ↓0.35% on December 18, 2024. Rate History: 5.00% → 5.30% → 5.00% → 4.60% → 4.25%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Ivy Bank and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and c... Read More Reviews (25)
Forbright Bank	4.25%	$0	Learn More
Growth Savings Last change: ↓0.35% on January 8. Rate History: 5.15% → 5.30% → 5.00% → 4.60% → 4.25%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Forbright and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and ... Read More Reviews (2)
Colorado Federal Savings Bank	4.25% 4.20%	$50,000 $1	Learn More
Last change: ↓ 0.20% on February 17.
Rate History: 4.45% → 4.45% → 4.25%
jp2 \| Jul 1, 2022 not really an onllne bank. compare this interface that gives you no information with that of any other bank (I cannot even confirm the rate). cannot switch in and out of cds or np cds. just not an online b... Read More Reviews (16)
Merchants Bank of Indiana	4.25%	$50	Learn More
Money Market Account. Bank does not offer ACH processing; customers need to initiate ACH externally. Rate History: 5.00% → 4.75% → 4.50% → 4.25%
65JimmyJay \| Dec 12, 2022 Developed buyers remorse after they stopped raising the rate and switched to Brilliant. Read More Reviews (5)
LendingClub Bank, National Association	4.20%	$0	Learn More
LevelUp Savings Account. Requires direct deposit of at least $250/month. Bank's standard online savings rate is 3.40% APY. Last change: ↓0.20% on July 15. Rate History: 5.00% → 4.75% → 4.50% → 4.40% → 4.20%
overdrawn \| Nov 12, 2022 I was shopping for deposit rates in August, and NerdWallet, a site I had previously trusted, had it on their list. I was unaware they took deposits. They are the only bank that ever duplicated a transactio... Read More Reviews (21)
Bask Bank, a division of Texas Capital Bank	4.20%	$0	Learn More
Last change: ↓ 0.15% on April 18.
Rate History: 4.65% → 4.65% → 4.50% → 4.35% → 4.20%
smithy1968 \| Apr 20, 2024 Save your tears for another day. Very frustrating. 1-star. Read More Reviews (19)
Jenius Bank, a division of Sumitomo Mitsui Bank	4.20%	$0	Learn More
Last change: ↓ 0.30% on March 12.
Rate History: 5.25% → 5.05% → 4.80% → 4.50% → 4.20%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Jenius Bank and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, an... Read More Reviews (2)
Primis Bank	4.20%	$1	Learn More
Online Savings Account. Last change: ↓0.15% on July 21. Rate History: 4.75% → 4.70% → 4.35% → 4.20%
American Banker \| Apr 7, 2023 Good luck deploying those high yield savings into profitable investments. It’s always a bad strategy … unbridled growth using volatile deposits forcing them to go out on the risk spectrum to make a dec... Read More Reviews (12)
Transportation Alliance Bank, Inc. d/b/a TAB Bank	4.15%	$1	Learn More
High Yield Savings Account. Last change: ↓0.11% on July 15. Rate History: 5.02% → 4.52% → 4.37% → 4.26% → 4.15%
Yat 1965 \| Mar 19, 2022 Problem with ties to puppy mills. I closed a cct. https://www.americanbanker.com/news/tab-bank-dragged-into-seedy-world-of-puppy-mill-loans-by-fintech-partner Read More Reviews (8)
M.Y. SAFRA BANK, FSB	4.15% 2.00%	$5,000 $5,000	Learn More
Rate History: 4.00% → 2.51% → 5.25% → 5.00%
Richard \| Jul 1, 2022 Very easy opening process and wonderful staff. Read More Reviews (6)
North American Savings Bank	4.10%	$10,000	Learn More
Rate History: 4.90% → 4.75% → 4.55% → 4.20% → 4.10%
A Terkowitz \| Feb 15, 2024 I have always had great experiences with short-term CDs from this bank. No delays. Read More Reviews (3)
ConnectOne Bank	4.10% 4.00%	$250,000 $2,500	Learn More
Last change: ↓ 0.30% on December 9, 2024.
Rate History: 4.50% → 4.00% → 3.45% → 4.40% → 4.10%
praveen raj \| Jan 18, 2024 Hi, We've noticed your website is at risk due to spammy comments and contact form submissions, making it susceptible to issues like spammy backlinks and data breaches. Don't worry—there's a simple sol... Read More Reviews (19)
Popular Direct	4.05%	$100	Learn More
Direct Savings. Bank reports that this rate is available for new accounts only. Last change: ↓0.05% on April 4. Rate History: 4.40% → 4.30% → 4.20% → 4.10% → 4.05%
Neil \| Dec 18, 2023 I submitted a CD application 18 months 5.50 APY over a week ago and my application was declined no reason was given, I have the funds in another bank for transfer, credit score over 800. I think the reason... Read More Reviews (30)
Prime Alliance Bank	4.05%	$0	Learn More
Personal Savings Account. Last change: ↓0.10% on June 24. Rate History: 4.50% → 4.15% → 4.05%
JBaker65 \| May 6, 2023 Fully functional bank account that would be great for my needs, but the quarterly interest payment thing is a real nuisance. I wish they would change it. It isn't market. Read More Reviews (10)
Ridgewood Savings Bank	4.05%	$10,000	Learn More
Rate History: 4.65% → 4.75% → 4.25% → 4.05%
an \| Apr 25, 2022 We would not be having all this trouble with people sealing money out of other people's bank accounts if we were to just stop using fancy banking like onlinebanki Read More Reviews (5)
Bank5 Connect	4.05% 1.50%	$25,000 $100	Learn More
Jumbo Savings. Last change: ↓0.10% on April 18. Rate History: 4.60% → 4.50% → 4.25% → 4.15% → 4.05%
BW \| Jul 17, 2021 I've been with this bank for 6 months and have not had any problems. Bill pay works good. The 24 month investing CD is another vechile I use. Rates are above average considering the national rate. I'd reco... Read More Reviews (10)
Canadian Imperial Bank USA	4.02%	$1,000	Learn More
CIBC Agility Savings Account. Last change: ↓0.09% on July 15. Rate History: 4.38% → 4.28% → 4.21% → 4.11% → 4.02%
ytr0171 \| Jul 23, 2023 easy to work with but the rate isn't competitive. not even the leading savings rate banks are competitive versus short us treasuries. Read More Reviews (22)
Salem Five Direct	4.01%	$0	Learn More
Bank reports that this rate is for new customers only. Bank also charges ACH transfer fees and routinely lowers rates for existing customers below those advertised. Last change: ↓0.24% on January 18. Rate History: 5.01% → 4.41% → 4.50% → 4.25% → 4.01%
LarryMass \| Dec 8, 2020 Everyone here in Boston raves about Salem Five but it is shithole operation filled with nasty entitled people. As for this online savings product, the fees are ridiculous, the transfer charges are obnoxiou... Read More Reviews (7)
UFB Direct, a division of Axos Bank	4.01%	$1	Learn More
UFB High Yield Savings. Bank reports that this rate is for new customers only. Rate History: 4.83% → 4.57% → 4.31% → 4.01% → 4.01%
Miles Jacobsen \| Jul 18, 2023 I got into this one back in early April for the rate. It was the first to hit 5%. I put up with all sorts of annoying thing getting the account funded (including a 5-day wait period during which they had... Read More Reviews (11)
Dollar Savings Direct, a division of Emigrant Bank	4.00%	$0	Learn More
Last change: ↓ 0.25% on January 18.
Rate History: 5.00% → 4.85% → 4.25% → 4.00%
J Dally \| Jun 13, 2023 I'll steer clear of Dollar Savings Direct and My Savings Direct until they guarantee users at both online divisions their best rates. Banks have the right to segment their customers yes, but these games w... Read More Reviews (26)
Virtualbank, a division of First Horizon Bank	4.00%	$0	Learn More
eMoneyMarket Special. Bank reports that rate is extended for new money only. Rate History: 5.25% → 4.75% → 4.50% → 4.25% → 4.00%
Hello VirtualBank? \| Dec 22, 2018 I know VirtualBank has monitored these comments in the past and answered here. This is important because they do not respond to questions submitted through the website. I am trying to find out the pena... Read More Reviews (12)
CIT Bank, a division of First-Citizens Bank and Trust	4.00%	$5,000	Learn More
Platinum Savings. Bank reports that this rate is available for new accounts only. Last change: ↓0.10% on July 7. Rate History: 4.55% → 4.35% → 4.30% → 4.10% → 4.00%
RTN1949 \| Jun 2, 2022 I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More Reviews (33)
Northern Bank Direct	4.00%	$1	Learn More
Money Market Premier. Bank reports that this rate is for new customers only. Rate History: 4.85% → 4.75% → 4.50% → 4.25% → 4.00%
Mike Brown \| Jul 6, 2023 This is an example of a bad bank. Their online process for purchasing a CD is horrible. You fill it out and it rejects it after all of your private information is disclosed. They there customer service is ... Read More Reviews (9)
Morgan Stanley Private Bank (Offered through ETrade)	4.00%	$0	Learn More
Last change: ↓ 0.10% on January 2.
Rate History: 4.50% → 4.25% → 4.10% → 4.00%
FROZE-ACCOUNT \| Jan 10, 2024 Account was frozen (over 400K) after they confused our account with another account / person whose name was not even very similar. We were treated like dirt after 12 years and "Guilty until Innocent". I ha... Read More Reviews (3)
TIAA Bank / Everbank	4.00% 2.02%	$50,000 $0	Learn More
Performance Money Market Rate History: 4.30% → 4.20% → 4.30% → 4.00%
smithy1968 \| Mar 20, 2025 A non-customer-friendly organization that just switches between two contaminated brands trying to bring back some sort of goodwill that it had before it started selling fake foreign currency CDs in 2006 an... Read More Reviews (40)
Banesco USA	4.00%	$300	Learn More
Rate History: 1.35% → 5.25% → 4.75% → 4.50% → 4.00%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Bank5 Connect	3.96%	$5,000	Learn More
Rate History: 3.98% → 3.96%
BW \| Jul 17, 2021 I've been with this bank for 6 months and have not had any problems. Bill pay works good. The 24 month investing CD is another vechile I use. Rates are above average considering the national rate. I'd reco... Read More Reviews (10)
Barclays Bank Delaware	3.90%	$0	Learn More
Last change: ↓ 0.10% on April 4.
Rate History: 4.20% → 4.10% → 4.25% → 4.00% → 3.90%
LenaL \| May 2, 2022 Barclays is the worst. Transfer speeds even worse than Synchrony now. Service is worse than anything. Save yourself the trouble of getting sucked into rates that are sometimes competitive and choose anythi... Read More Reviews (40)
Byline Bank	3.90%	$5,000	Learn More Add Review
Rate History: 4.75% → 3.90%
FNBO Direct	3.90% 3.81% 3.70% 3.50%	$1,000,000 $500,000 $100,000 $0	Learn More
Rate History: 4.45% → 4.20% → 4.00% → 3.90%
NRB \| Mar 14, 2018 Poor service. Condescending attitude. Savings application denied without giving reason (Equifax file had a freeze because of hacking history) and not advising customer of need to unfreeze credit file for a... Read More Reviews (4)
Sallie Mae Bank	3.90%	$0	Learn More
Last change: ↓ 0.20% on February 6.
Rate History: 4.00% → 4.25% → 4.10% → 3.90%
HAL1975 \| Aug 2, 2023 Sallie mae is just a horrible institution. We've done business with them before and swore on the holy bible not to go near there again, but a 18 mos cd at 5.55% brought us back. Read More Reviews (40)
Sallie Mae Bank	3.85%	$0	Learn More
Rate History: 4.20% → 4.10% → 4.10% → 3.90% → 3.85%
HAL1975 \| Aug 2, 2023 Sallie mae is just a horrible institution. We've done business with them before and swore on the holy bible not to go near there again, but a 18 mos cd at 5.55% brought us back. Read More Reviews (40)
Quontic Bank	3.85%	$0	Learn More
Online Savings Last change: ↓0.15% on January 4. Rate History: 4.25% → 4.50% → 4.25% → 4.00% → 3.85%
JuanVelasco \| Mar 17, 2023 STAY AWAY ! They closed my accounts with no warning. After multiple successful direct deposits and mobile checks deposits, they claimed one of the three checks I deposited a few days ago was fake. No... Read More Reviews (15)
Amboy Direct	3.82%	$1	Learn More Add Review
Climate First Bank	3.81%	$50	Learn More
Last change: ↑ 1.81% on February 4.
tjgarnett \| Mar 2, 2024 Attracted to the name, but the service had too many steps so I didn't open an account. Read More Reviews (1)
CNB Bank Direct	3.80%	$100	Learn More
Last change: ↓ 0.21% on March 24.
Rate History: 4.28% → 4.60% → 4.01% → 3.80%
Yolanda Gilruth \| Jun 12, 2022 I have a small question Read More Reviews (1)
SoFi Bank	3.80%	$0	Learn More
Last change: ↓ 0.20% on January 25.
Rate History: 4.30% → 4.30% → 4.20% → 4.00% → 3.80%
Bait and Swich \| May 17, 2022 Not what it seems. Avoid! Read More Reviews (1)
Synchrony Bank	3.80%	$0	Learn More
External transfers may take up to 3 business days and may be limited to $25,000/day. Last change: ↓0.20% on June 4. Rate History: 4.50% → 4.30% → 4.10% → 4.00% → 3.80%
mcriss \| Oct 23, 2023 Synchrony Bank recently closed 3 of my accounts with them and this decision was completely unwarranted. I had two Guitar Center cards and one Levin Furniture card. I found out about this through a push not... Read More Reviews (71)
Laurel Road, a division of KeyBank	3.80%	$0	Learn More
High-Yield Savings Account. Last change: ↓0.20% on February 24. Rate History: 4.80% → 4.50% → 4.15% → 4.00% → 3.80%
Yeller \| May 8, 2023 STAY BELOW FDIC limits. This is a desperate product unleashed from a distressed bank! Read More Reviews (1)
My Savings Direct, a division of Emigrant Bank	3.75%	$1	Learn More
MySavings Account. Last change: ↓0.35% on May 19. Rate History: 4.35% → 4.10% → 3.75%
not perfect but \| Apr 25, 2023 with all of these online bank, including the well known ones, delaying transfers forever in order to fund these high rates, this one still executes inbound and outbound transfers immediately. Read More Reviews (21)
Valley Direct, a division of Valley National Bank	3.75%	$5,000	Learn More
Online transfers limited to $1,500 per day and $10,000 per month. Last change: ↓1.00% on December 19, 2024. Rate History: 4.75% → 4.00% → 4.80% → 4.75% → 3.75%
AEM \| Sep 18, 2023 I agree with another user, this bank is very poorly put together, and may very well be an operation in large part used to extract and sell people's personal information. I called customer service and had ... Read More Reviews (19)
Citizens	3.70%	$1	Learn More
Last change: ↓ 0.45% on December 23, 2024.
Rate History: 4.15% → 3.70%
james \| Nov 18, 2023 bad bank hold your deposit over months without credit in your account, no interest, they don’t want pay you interest , they want your money with 0% interest. Read More Reviews (37)
Citizens Bank, National Association	3.70%	$0	Learn More
Rate History: 4.50% → 4.15% → 3.90% → 3.70%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
TD Bank, National Association	3.70% 2.25%	$100,000 $50,000	Learn More
Rate History: 4.00% → 3.70%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Goldman Sachs Bank	3.65%	$1	Learn More
Last change: ↓ 0.10% on May 29.
Rate History: 4.25% → 4.10% → 3.90% → 3.75% → 3.65%
A Terkowitz \| Feb 15, 2024 best bank on the list but no longer the most competitive Read More Reviews (46)
First Internet Bank of Indiana	3.61%	$1,000	Learn More
Rate History: 3.76% → 3.77% → 3.77% → 3.61%
Beenthere \| Jan 30, 2024 Have an IRA rollover, they don't take IRAs any longer. Read More Reviews (2)
Discover Bank	3.60%	$0	Learn More
Last change: ↓ 0.10% on May 16.
Rate History: 4.00% → 3.90% → 3.75% → 3.70% → 3.60%
AVOID_ READ_CAREFULLY \| Jan 10, 2024 AVOID at all costs. We read the addendum to the final page of the LENGTHY account agreement mailed to us after completing the online portion. Guess what? It gives this sweet seeming Discover Bank access to... Read More Reviews (13)
Capital One, National Association	3.60%	$1	Learn More
Rate History: 4.10% → 4.00% → 3.90% → 3.80% → 3.60%
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (16)
BMO Alto, a division of Bank of Montreal Harris	3.60%	$0	Learn More
Last change: ↓ 0.10% on April 25.
Rate History: 4.30% → 4.10% → 4.00% → 3.70% → 3.60%
Jenny Kingston \| Jun 10, 2024 I guess customer service is in the US (not sure). I'd rather that someone in the Philippines answered though. These people are so poorly trained and ill informed that I do not trust them with my personal... Read More Reviews (6)
Bank of Montreal Harris	3.56%	$250,000	Learn More
Rate History: 1.50% → 3.56%
GAM \| Jul 28, 2020 Dropped rates again with restrictive transfer limits and poor service. Better rates and liquidity elsewhere. Beware!!! Read More Reviews (2)
Bogota Savings Bank	3.56% 2.79%	$100,000 $50,000	Learn More Add Review
Capital One 360	3.50%	$0	Learn More
360 Performance Savings Account. Rate available for new account holders only. Last change: ↓0.10% on July 2. Rate History: 3.90% → 3.80% → 3.70% → 3.60% → 3.50%
NS123 \| Mar 15, 2023 Thank you for the reviews above. I was wondering why I was only getting 0.3% when interest rates have gone up. Why CapitalOne360 is putting loyal and long time customers at a disadvantage is beyond me. ... Read More Reviews (24)
American Express Bank, FSB	3.50%	$0	Learn More
Last change: ↓ 0.10% on July 23.
Rate History: 4.00% → 3.80% → 3.70% → 3.60% → 3.50%
Chris \| Aug 31, 2022 never had a problem moving money in/out. After trying a couple banks with higher rates but less service will be moving my money back here. Read More Reviews (8)
Ally Bank	3.50%	$0	Learn More
Online Money Market Account. Ally's Online Savings account rate is only 3.75% APY. Rate History: 3.80% → 3.70% → 3.60% → 3.60% → 3.50%
Rad \| Aug 13, 2023 Been a customer for a couple of years now with interesting checking, been a happy customer. They give you a $10 reimbursement on atm fees per statement cycle. They pay you to leave your money there curre... Read More Reviews (53)
PNC Bank	3.50%	$1	Learn More
Not available to residents of states with PNC branch locations. Rate History: 4.65% → 3.50% → 3.50%
JM \| Jun 29, 2023 $10K monthly transfer limit. No thanks Read More Reviews (4)
U.S. Bank National Association Las Cruces University Avenue Branch	3.50% 0.05%	$25,000 $1	Learn More
Rate History: 4.10% → 3.50%
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (6)
Gateway First Bank	3.40%	$1,000	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
FNBO Direct	3.35%	$1	Learn More
Last change: ↓ 0.25% on May 16.
Rate History: 4.25% → 4.25% → 3.90% → 3.60% → 3.35%
NRB \| Mar 14, 2018 Poor service. Condescending attitude. Savings application denied without giving reason (Equifax file had a freeze because of hacking history) and not advising customer of need to unfreeze credit file for a... Read More Reviews (4)
OneLocal Bank	3.25% 3.00%	$250,000 $0	Learn More Add Review
Rate History: 3.75% → 3.25%
Citizens Bank, National Association	3.00% 2.75%	$250,000 $25,000	Learn More
Rate History: 1.00% → 3.00%
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (2)
MainStreet Bank	3.00% 2.25% 1.25% 0.80%	$100,000 $50,000 $25,000 $0	Learn More Add Review
Rate History: 4.25% → 3.75% → 3.35% → 3.00%
Bank of Whittier, National Association	2.60%	$250	Learn More Add Review
IncredibleBank	2.53% 1.76%	$250,000 $50,000	Learn More
Rate History: 2.50% → 3.00% → 2.53%
nonsense \| May 21, 2021 avoid this Read More Reviews (22)
Finworth	2.53%	$250,000	Learn More
Geoffrey Christopher 1 \| Nov 12, 2023 Finworth looks legit, but their online disclosures and incomplete and you cannot reach them by phone and they don't respond to inquiries. I am moving along and you should too. Read More Reviews (1)
NATIONAL COOPERATIVE BANK, N.A.	2.53%	$5,000	Learn More
JC \| Jun 1, 2021 Update: STAY AWAY FROM THIS BANK! They have no clue how to run an online bank. This bank is not ready for prime time. Nothing but problems. Customer service is dismal at best. Read More Reviews (2)
InsBank	2.53% 2.38%	$250,000 $50,000	Learn More
Rate History: 0.15% → 2.53%
judy \| Jul 7, 2022 Insbank 1 yr is 1.5 % 18month is 1.6% 7-7-2022 Read More Reviews (6)
Capital One, National Association	2.50%	$1	Learn More
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (16)
Bank of Colorado Gallup Main Branch	2.27% 2.02% 1.00%	$300,000 $100,000 $25,000	Learn More
Rate History: 3.56% → 2.78% → 2.27%
LG \| Feb 7, 2020 I contacted the massage bank and they are not offering 2.02 it’s 1.10 Read More Reviews (4)
Cross River Bank	2.25%	$0	Learn More
Last change: ↓ 0.35% on October 11, 2024.
Rate History: 2.60% → 2.25%
Zman111 \| Jun 26, 2022 ACH transfers are not allowed. Called and was told that I had to set up wire transfers (and pay fees) or I could come in to the bank and get a bank check. Read More Reviews (13)
Amalgamated Bank	2.25%	$1	Learn More Add Review
Last change: ↓ 0.25% on April 9.
Rate History: 2.75% → 2.50% → 2.25%
Zions Bancorporation, N.A. Farmington Nm Br Branch	2.02% 1.71% 1.51% 0.80%	$500,000 $250,000 $100,000 $5,000	Learn More Add Review
Washington Federal Bank Saint Michael's Branch	2.00% 1.50% 0.30% 0.15%	$500,000 $90,000 $15,000 $1,000	Learn More
jim \| Sep 28, 2016 After looking around, looks like AlaskaUSA has the better current rate of 2 percent for 5 years. A little more can be obtained at Discover/AAA for a 10 year CD. Read More Reviews (2)
Synchrony Bank	2.00%	$0	Learn More
mcriss \| Oct 23, 2023 Synchrony Bank recently closed 3 of my accounts with them and this decision was completely unwarranted. I had two Guitar Center cards and one Levin Furniture card. I found out about this through a push not... Read More Reviews (71)
CIT Bank, a division of First-Citizens Bank and Trust	1.55%	$100	Learn More
RTN1949 \| Jun 2, 2022 I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More Reviews (33)
Gateway First Bank	1.50%	$10	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Zions Bancorporation, N.A. Farmington Nm Br Branch	1.46% 0.70%	$100,000 $1,000	Learn More Add Review
Rate History: 2.02% → 1.46%
BOKF, National Association Wyoming & Carmel Branch	1.25% 1.00% 0.85% 0.75%	$250,000 $100,000 $50,000 $25,000	Learn More
Rate History: 1.00% → 1.50% → 1.25%
Aku \| May 29, 2020 Dua Read More Reviews (1)
Vio Bank, A Division of MidFirst Bank	1.10%	$0	Learn More
Last change: ↑ 0.09% on February 13, 2023.
Jim S \| Dec 21, 2023 Very easy to setup 6 month 5.35% CD from cornerstone account Read More Reviews (38)
USAA Federal Savings Bank	1.10% 0.01%	$500,000 $1	Learn More
Rate History: 1.50% → 1.45% → 1.10%
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Wells Fargo Bank, National Association Shiprock Branch	1.01% 0.01%	$100,000 $1	Learn More
Rate History: 1.01% → 1.02% → 1.01%
Thy King \| Feb 6, 2023 after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More Reviews (7)
Chesapeake Bank	0.90% 0.80% 0.70%	$500,000 $100,000 $25,000	Learn More
Rate History: 1.15% → 1.10% → 1.06% → 0.95% → 0.90%
ruler009 \| May 26, 2017 Before009 Read More Reviews (2)
First Internet Bank of Indiana	0.80%	$25	Learn More
Last change: ↓ 0.01% on July 28.
Rate History: 1.00% → 0.81% → 0.80%
Beenthere \| Jan 30, 2024 Have an IRA rollover, they don't take IRAs any longer. Read More Reviews (2)
USAA Federal Savings Bank	0.79% 0.01%	$1,000,000 $10,000	Learn More
Last change: ↓ 0.66% on May 16.
Rate History: 1.60% → 1.50% → 1.45% → 0.79%
Azblondie007 \| Feb 24, 2020 I had been with USAA for 20 years. Had my checking, savings, auto and renters insurance and 2 credit cards with them. I work in the service industry and make a good portion of my income in cash tips. For 4... Read More Reviews (1)
Bank of Colorado Gallup Main Branch	0.75%	$0	Learn More
Rate History: 1.51% → 1.00% → 0.75%
LG \| Feb 7, 2020 I contacted the massage bank and they are not offering 2.02 it’s 1.10 Read More Reviews (4)
Citizens Bank Tucumcari Branch	0.60%	$2,500	Learn More Add Review
Tucumcari Federal Savings and Loan Association Tucumcari Federal Savings And Loan A Branch	0.55%	$2,500	Learn More Add Review
MainStreet Bank	0.50%	$0	Learn More Add Review
Last change: ↑ 0.25% on August 5, 2024.
BOKF, National Association Wyoming & Carmel Branch	0.50%	$25,000	Learn More
Rate History: 0.55% → 0.50%
Aku \| May 29, 2020 Dua Read More Reviews (1)
Tucumcari Federal Savings and Loan Association Tucumcari Federal Savings And Loan A Branch	0.45%	$2,500	Learn More Add Review
Freedom Bank (NJ)	0.40%	$0	Learn More Add Review
MutualOne Bank	0.40%	$500	Learn More
Inbound transfers limited to $25,000/day and $100,000/month.
Thomas DeMauro \| Aug 28, 2022 Rates are totally uncompetitive now. Read More Reviews (11)
Middlesex Federal Savings, F.A.	0.40%	$50	Learn More Add Review
First Savings Bank T Or C Branch	0.40%	$10,000	Learn More
dionpayne \| Jun 28, 2017 showmefivethousanddollars Read More Reviews (1)
BANK 34 Bank 34 Branch	0.35%	$25,000	Learn More
Adam Harrison \| Oct 11, 2017 Our experience was the worst. Our mortgage loan officer was Kathy Funke. That lady was so messed up. She literally drained my savings account to a negative status that I had to take a personal loan from a ... Read More Reviews (1)
The Citizens Bank of Clovis Clovis Branch	0.30%	$2,500	Learn More Add Review
Axos Bank	0.25%	$0	Learn More
wertlkgt \| Mar 28, 2022 Vaporware. Was approved to open an account. I logged in on several different browsers with differing rendering codes--each time got nothing but 3 circles running left to right for up to a half hour when I ... Read More Reviews (9)
WebBank	0.25%	$1,000	Learn More
dbestway@gmail.com \| Aug 13, 2019 I filled out the application 10 days ago answering all questions and sent a file with a copy of my drivers license to Western Bank. I received an email saying that a banker would call me within one busines... Read More Reviews (2)
Transportation Alliance Bank, Inc. d/b/a TAB Bank	0.25%	$1	Learn More
Yat 1965 \| Mar 19, 2022 Problem with ties to puppy mills. I closed a cct. https://www.americanbanker.com/news/tab-bank-dragged-into-seedy-world-of-puppy-mill-loans-by-fintech-partner Read More Reviews (8)
KeyBank National Association	0.25%	$5,000	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
U.S. Bank National Association Las Cruces University Avenue Branch	0.25%	$25,000	Learn More
Rate History: 4.25% → 4.16% → 4.25% → 3.75% → 0.25%
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (6)
WestStar Bank Las Cruces Branch	0.25%	$100	Learn More Add Review
American Heritage Bank Melrose Branch	0.25%	$10,000	Learn More Add Review
Main Bank Main Bank Branch	0.25%	$25,000	Learn More Add Review
First National Bank Cloudcroft Branch	0.25%	$25,000	Learn More Add Review
BANK 34 Bank 34 Branch	0.25%	$10,000	Learn More
Adam Harrison \| Oct 11, 2017 Our experience was the worst. Our mortgage loan officer was Kathy Funke. That lady was so messed up. She literally drained my savings account to a negative status that I had to take a personal loan from a ... Read More Reviews (1)
NBH Bank Plaza Branch	0.24%	$25,000	Learn More Add Review
Main Bank Main Bank Branch	0.22%	$10,000	Learn More Add Review
First National Bank in Frankfort	0.20%	$0	Learn More Add Review
City Bank Midtown Branch	0.20%	$25,000	Learn More Add Review
Citizens Bank Tucumcari Branch	0.20%	$2,500	Learn More Add Review
The Citizens Bank of Clovis Clovis Branch	0.20%	$10,000	Learn More Add Review
American Heritage Bank Melrose Branch	0.20%	$2,500	Learn More Add Review
Main Bank Main Bank Branch	0.20%	$2,500	Learn More Add Review
First American Bank Hurley Branch	0.20%	$2,500	Learn More Add Review
Zions Bancorporation, N.A. Farmington Nm Br Branch	0.19% 0.16%	$100,000 $0	Learn More Add Review
First American Bank Hurley Branch	0.17%	$2,500	Learn More Add Review
Charles Schwab Bank, SSB	0.15%	$0	Learn More
Last change: ↓ 0.10% on December 6, 2024.
Rate History: 0.48% → 0.25% → 0.15%
kenbeckyreese@icloud.com \| Feb 12, 2020 WILL YOU CASH MY EE SAVINGS BONDS? PLEASE ADVSE. Read More Reviews (5)
Northfield Bank	0.15%	$0	Learn More
Last change: ↓ 0.30% on June 30, 2023.
Stella \| Apr 30, 2019 No issues. I feel confident using them. Read More Reviews (1)
Western Commerce Bank North Canal Branch	0.15%	$1,000	Learn More Add Review
First New Mexico Bank First New Mexico Bank Branch	0.15%	$2,500	Learn More Add Review
City Bank Midtown Branch	0.15%	$2,500	Learn More Add Review
Lea County State Bank North Grimes Branch	0.15%	$25,000	Learn More
Dinah T \| Apr 18, 2023 Worst bank ever!!!!!! If your an independent and not a commercial customer they don’t take care of you…..my family has been with LCSB for years and of course it is mostly commercial with my family memb... Read More Reviews (1)
Bank of the Southwest Kirtland Branch	0.15%	$2,500	Learn More Add Review
Southwest Capital Bank Hot Springs Branch	0.15%	$25,000	Learn More Add Review
The Citizens Bank of Clovis Clovis Branch	0.15%	$2,500	Learn More Add Review
The Bank of Clovis The Bank Of Clovis Branch	0.15%	$2,500	Learn More Add Review
First Savings Bank T Or C Branch	0.15%	$2,500	Learn More
dionpayne \| Jun 28, 2017 showmefivethousanddollars Read More Reviews (1)
First National Bank Cloudcroft Branch	0.15%	$10,000	Learn More Add Review
BANK 34 Bank 34 Branch	0.15%	$2,500	Learn More
Adam Harrison \| Oct 11, 2017 Our experience was the worst. Our mortgage loan officer was Kathy Funke. That lady was so messed up. She literally drained my savings account to a negative status that I had to take a personal loan from a ... Read More Reviews (1)
First New Mexico Bank, Las Cruces Anthony Branch	0.15%	$2,500	Learn More Add Review
Western Bank, Artesia, New Mexico Western Bank, Artesia, New Mexico Branch	0.15%	$2,500	Learn More Add Review
Banco Bilbao Vizcaya Argenteria	0.13%	$10,000	Learn More
Rate not available in all states.
The Duffster \| May 21, 2018 I wish I had never heard of or seen BBVA. It has been a disaster. Came to this site to find something else. Read More Reviews (2)
Western Commerce Bank North Canal Branch	0.13%	$200	Learn More Add Review
First New Mexico Bank of Silver City First New Mexico Bank Of Silver City Branch	0.11%	$2,500	Learn More Add Review
Chesapeake Bank	0.10%	$1	Learn More
Last change: ↓ 0.05% on September 22, 2024.
Rate History: 0.25% → 0.20% → 0.15% → 0.10%
ruler009 \| May 26, 2017 Before009 Read More Reviews (2)
OneWest Bank, a division of First-Citizens Bank and Trust	0.10%	$50	Learn More Add Review
Last change: ↑ 0.07% on March 26, 2024.
Rate History: 0.03% → 0.10%
TBK BANK, SSB	0.10%	$25	Learn More
Rate History: 0.15% → 0.10%
fiddler \| Jun 30, 2019 agree....finally did get thru though Read More Reviews (2)
First-Citizens Bank & Trust Company Albuquerque Branch	0.10%	$25	Learn More
Last change: ↑ 0.07% on March 26, 2024.
Rate History: 0.03% → 0.10%
MrBond \| Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More Reviews (3)
Washington Federal Bank Saint Michael's Branch	0.10%	$100	Learn More
jim \| Sep 28, 2016 After looking around, looks like AlaskaUSA has the better current rate of 2 percent for 5 years. A little more can be obtained at Discover/AAA for a 10 year CD. Read More Reviews (2)
BOKF, National Association Wyoming & Carmel Branch	0.10%	$0	Learn More
Rate History: 0.20% → 0.10%
Aku \| May 29, 2020 Dua Read More Reviews (1)
Northfield Bank	0.10%	$0	Learn More
Stella \| Apr 30, 2019 No issues. I feel confident using them. Read More Reviews (1)
OneLocal Bank	0.10%	$25,000	Learn More Add Review
Last change: ↑ 0.10% on May 11, 2023.
IncredibleBank	0.10%	$10,000	Learn More
Last change: ↓ 0.90% on June 13, 2024.
nonsense \| May 21, 2021 avoid this Read More Reviews (22)
Western Commerce Bank North Canal Branch	0.10%	$2,500	Learn More Add Review
First New Mexico Bank First New Mexico Bank Branch	0.10%	$2,500	Learn More Add Review
City Bank Midtown Branch	0.10%	$2,500	Learn More Add Review
Lea County State Bank North Grimes Branch	0.10%	$1	Learn More
Dinah T \| Apr 18, 2023 Worst bank ever!!!!!! If your an independent and not a commercial customer they don’t take care of you…..my family has been with LCSB for years and of course it is mostly commercial with my family memb... Read More Reviews (1)
First National Bank Texas Swm - Rio Rancho Banking Center - Rc Branch	0.10%	$25,000	Learn More Add Review
Southwest Capital Bank Hot Springs Branch	0.10%	$2,500	Learn More Add Review
The Bank of Clovis The Bank Of Clovis Branch	0.10%	$2,500	Learn More Add Review
United Business Bank Albuquerque Br Branch	0.10%	$25,000	Learn More
Small Company \| Apr 9, 2020 I would stay away from this bank. It was much better run when it was Valley Community Bank, but went into the toilet when it was bought by Bay Commercial Bank. Their online banking terms and conditions cha... Read More Reviews (1)
Main Bank Main Bank Branch	0.10%	$2,500	Learn More Add Review
First Savings Bank T Or C Branch	0.10%	$2,500	Learn More
dionpayne \| Jun 28, 2017 showmefivethousanddollars Read More Reviews (1)
First American Bank Hurley Branch	0.10%	$2,500	Learn More Add Review
First National Bank Cloudcroft Branch	0.10%	$2,500	Learn More Add Review
Valley Bank of Commerce Valley Bank Of Commerce Branch	0.10%	$25,000	Learn More Add Review
BANK 34 Bank 34 Branch	0.10%	$2,500	Learn More
Adam Harrison \| Oct 11, 2017 Our experience was the worst. Our mortgage loan officer was Kathy Funke. That lady was so messed up. She literally drained my savings account to a negative status that I had to take a personal loan from a ... Read More Reviews (1)
Western Bank, Artesia, New Mexico Western Bank, Artesia, New Mexico Branch	0.10%	$2,500	Learn More Add Review
NBH Bank Plaza Branch	0.09%	$2,500	Learn More Add Review
First National Bank Texas Swm - Rio Rancho Banking Center - Rc Branch	0.08%	$2,500	Learn More Add Review
Southwest Capital Bank Hot Springs Branch	0.08%	$2,500	Learn More Add Review
First New Mexico Bank of Silver City First New Mexico Bank Of Silver City Branch	0.08%	$25,000	Learn More Add Review
First New Mexico Bank, Las Cruces Anthony Branch	0.08%	$25,000	Learn More Add Review
First-Citizens Bank & Trust Company Albuquerque Branch	0.07%	$25,000	Learn More
MrBond \| Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More Reviews (3)
Western Bank Main Street Branch	0.07%	$10,000	Learn More Add Review
WestStar Bank Las Cruces Branch	0.06%	$10,000	Learn More Add Review
First New Mexico Bank, Las Cruces Anthony Branch	0.06%	$2,500	Learn More Add Review
TBK BANK, SSB	0.05% 0.01%	$35,000 $0	Learn More
Rate History: 1.00% → 0.10% → 0.05%
fiddler \| Jun 30, 2019 agree....finally did get thru though Read More Reviews (2)
NBH Bank Plaza Branch	0.05%	$2,500	Learn More Add Review
Citizens Bank of Las Cruces Citizens Bank Of Las Cruces Branch	0.05%	$100	Learn More
badbusiness \| Feb 26, 2020 Recently closed my accounts with Citizens. Front line tellers very discourteous. Most of my transactions were deposits however, each check I tried to deposit required 2nd and supervisor approval. Not askin... Read More Reviews (1)
Centinel Bank of Taos Northside Branch	0.05%	$25,000	Learn More Add Review
Century Bank Albuquerque Branch	0.05%	$2,500	Learn More Add Review
Four Corners Community Bank East Main Street Branch	0.05%	$2,500	Learn More
Unhappy customer definitely NOT THE BANK FOR ME! \| Sep 21, 2020 I am fed up with how poorly this bank is run. I have made deposit and given a receipt with the wrong amount more than once. I have received other customer's cancelled checks. The online bank site is a mess... Read More Reviews (1)
First National Bank Texas Swm - Rio Rancho Banking Center - Rc Branch	0.05%	$2,500	Learn More Add Review
InBank Cimarron Branch	0.05%	$2,500	Learn More
Trujillo \| Nov 9, 2023 Unhappy with ATM on Southside. I.bank with wafd they closed. Told wsfd customers can get cash with card. Employees are very nosy with slanderous gossip. I'm treated like a criminal. That why I don't use i... Read More Reviews (1)
United Business Bank Albuquerque Br Branch	0.05%	$2,500	Learn More
Small Company \| Apr 9, 2020 I would stay away from this bank. It was much better run when it was Valley Community Bank, but went into the toilet when it was bought by Bay Commercial Bank. Their online banking terms and conditions cha... Read More Reviews (1)
First New Mexico Bank of Silver City First New Mexico Bank Of Silver City Branch	0.05%	$2,500	Learn More Add Review
Western Bank Main Street Branch	0.05%	$2,500	Learn More Add Review
First American Bank Hurley Branch	0.05%	$2,500	Learn More Add Review
Valley Bank of Commerce Valley Bank Of Commerce Branch	0.05%	$2,500	Learn More Add Review
Lea County State Bank North Grimes Branch	0.05%	$1	Learn More
Dinah T \| Apr 18, 2023 Worst bank ever!!!!!! If your an independent and not a commercial customer they don’t take care of you…..my family has been with LCSB for years and of course it is mostly commercial with my family memb... Read More Reviews (1)
Bank of America, National Association Journal Center Branch	0.04%	$2,500	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (11)
Pioneer Bank University Avenue Branch	0.04%	$25,000	Learn More Add Review
Citizens Bank of Las Cruces Citizens Bank Of Las Cruces Branch	0.03%	$100	Learn More
badbusiness \| Feb 26, 2020 Recently closed my accounts with Citizens. Front line tellers very discourteous. Most of my transactions were deposits however, each check I tried to deposit required 2nd and supervisor approval. Not askin... Read More Reviews (1)
Enterprise Bank & Trust	0.03%	$2,500	Learn More
Fredbird \| Aug 30, 2017 Excellent bank with a friendly helpful staff Read More Reviews (1)
Pioneer Bank University Avenue Branch	0.03%	$2,500	Learn More Add Review
PNC Bank, National Association	0.02%	$50,000	Learn More
Rate History: 1.00% → 0.05% → 0.02%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
JPMorgan Chase Bank, National Association	0.02%	$25,000	Learn More
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (25)
InBank Cimarron Branch	0.02%	$2,500	Learn More
Trujillo \| Nov 9, 2023 Unhappy with ATM on Southside. I.bank with wafd they closed. Told wsfd customers can get cash with card. Employees are very nosy with slanderous gossip. I'm treated like a criminal. That why I don't use i... Read More Reviews (1)
PNC Bank, National Association	0.01%	$2,500	Learn More
Rate History: 0.03% → 0.01%
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
KeyBank National Association	0.01%	$1	Learn More
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
Centinel Bank of Taos Northside Branch	0.01%	$2,500	Learn More Add Review
The James Polk Stone Community Bank James Polk Stone Community Bank-Clov Branch	0.01%	$2,500	Learn More Add Review
Enterprise Bank & Trust	0.01%	$2,500	Learn More
Fredbird \| Aug 30, 2017 Excellent bank with a friendly helpful staff Read More Reviews (1)

All rates listed are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point. The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Credit Unions →

Branches Info across New Mexico

Branch	Street	City	State
U.S. Bank National Association Las Cruces University Avenue Branch	901 E. University Avenue, Suite Q	Las Cruces	NM
Bank of Colorado Gallup Main Branch	107 East Aztec Avenue	Gallup	NM
Zions Bank Farmington Nm Br Branch	2000 East 20th Street	Farmington	NM
Bank of Colorado Gallup Main Branch	107 East Aztec Avenue	Gallup	NM
Washington Federal Bank Saint Michael's Branch	809 Saint Michaels Drive	Santa Fe	NM
Zions Bank Farmington Nm Br Branch	2000 East 20th Street	Farmington	NM
Zions Bank Farmington Nm Br Branch	2000 East 20th Street	Farmington	NM
Washington Federal Bank Saint Michael's Branch	809 Saint Michaels Drive	Santa Fe	NM
Zions Bank Farmington Nm Br Branch	2000 East 20th Street	Farmington	NM
BOKF, National Association Wyoming & Carmel Branch	8221 Wyoming Boulevard Ne	Albuquerque	NM
Wells Fargo Bank, National Association Shiprock Branch	Us Highway 491 North	Shiprock	NM
BOKF, National Association Wyoming & Carmel Branch	8221 Wyoming Boulevard Ne	Albuquerque	NM
Bank of Colorado Gallup Main Branch	107 East Aztec Avenue	Gallup	NM
BOKF, National Association Wyoming & Carmel Branch	8221 Wyoming Boulevard Ne	Albuquerque	NM
Zions Bank Farmington Nm Br Branch	2000 East 20th Street	Farmington	NM
Bank of Colorado Gallup Main Branch	107 East Aztec Avenue	Gallup	NM
BOKF, National Association Wyoming & Carmel Branch	8221 Wyoming Boulevard Ne	Albuquerque	NM
Zions Bank Farmington Nm Br Branch	2000 East 20th Street	Farmington	NM
Citizens Bank Tucumcari Branch	211 East Main Street	Tucumcari	NM
Tucumcari Federal Savings and Loan Association Tucumcari Federal Savings And Loan A Branch	301 S First St	Tucumcari	NM
BOKF, National Association Wyoming & Carmel Branch	8221 Wyoming Boulevard Ne	Albuquerque	NM
Tucumcari Federal Savings and Loan Association Tucumcari Federal Savings And Loan A Branch	301 S First St	Tucumcari	NM
First Savings Bank T Or C Branch	915 N. Date St	Truth Or Consequences	NM
Southwest Heritage Bank Bank 34 Branch	500 10th Street	Alamogordo	NM
Washington Federal Bank Saint Michael's Branch	809 Saint Michaels Drive	Santa Fe	NM
The Citizens Bank of Clovis Clovis Branch	Main Street And Commerce Way	Clovis	NM
U.S. Bank National Association Las Cruces University Avenue Branch	901 E. University Avenue, Suite Q	Las Cruces	NM
WestStar Bank Las Cruces Branch	555 South Telshor Blvd., Suite 100a	Las Cruces	NM
American Heritage Bank Melrose Branch	400 East Denby Street	Melrose	NM
Main Bank Main Bank Branch	7300 Menaul Blvd, Ne	Albuquerque	NM
First National Bank Cloudcroft Branch	North Burro Avenue	Cloudcroft	NM
Southwest Heritage Bank Bank 34 Branch	500 10th Street	Alamogordo	NM
NBH Bank Plaza Branch	219 Paseo Del Pueblo Norte	Taos	NM
Main Bank Main Bank Branch	7300 Menaul Blvd, Ne	Albuquerque	NM
City Bank Midtown Branch	1850 Sudderth Drive	Ruidoso	NM
Citizens Bank Tucumcari Branch	211 East Main Street	Tucumcari	NM
The Citizens Bank of Clovis Clovis Branch	Main Street And Commerce Way	Clovis	NM
American Heritage Bank Melrose Branch	400 East Denby Street	Melrose	NM
Main Bank Main Bank Branch	7300 Menaul Blvd, Ne	Albuquerque	NM
First American Bank Hurley Branch	512 Carrasco Avenue	Hurley	NM
Zions Bank Farmington Nm Br Branch	2000 East 20th Street	Farmington	NM
First American Bank Hurley Branch	512 Carrasco Avenue	Hurley	NM
Zions Bank Farmington Nm Br Branch	2000 East 20th Street	Farmington	NM
Washington Federal Bank Saint Michael's Branch	809 Saint Michaels Drive	Santa Fe	NM
Western Commerce Bank North Canal Branch	501 North Canal Street	Carlsbad	NM
First New Mexico Bank First New Mexico Bank Branch	300 South Gold Avenue	Deming	NM
City Bank Midtown Branch	1850 Sudderth Drive	Ruidoso	NM
Lea County State Bank North Grimes Branch	3927 North Grimes	Hobbs	NM
Bank of the Southwest Kirtland Branch	2 County Road 6500	Kirtland	NM
Southwest Capital Bank Hot Springs Branch	Valencia Avenue And Hot Springs Blvd	Las Vegas	NM
The Citizens Bank of Clovis Clovis Branch	Main Street And Commerce Way	Clovis	NM
The Bank of Clovis The Bank Of Clovis Branch	300 Main Street	Clovis	NM
First Savings Bank T Or C Branch	915 N. Date St	Truth Or Consequences	NM
First National Bank Cloudcroft Branch	North Burro Avenue	Cloudcroft	NM
Southwest Heritage Bank Bank 34 Branch	500 10th Street	Alamogordo	NM
First New Mexico Bank, Las Cruces Anthony Branch	455 Landers Rd.	Anthony	NM
Western Bank Western Bank, Artesia, New Mexico Branch	320 West Texas Avenue	Artesia	NM
Western Commerce Bank North Canal Branch	501 North Canal Street	Carlsbad	NM
First New Mexico Bank of Silver City First New Mexico Bank Of Silver City Branch	1928 Hwy 180 East	Silver City	NM
First-Citizens Bank & Trust Company Albuquerque Branch	7300 Jefferson Street Northeast	Albuquerque	NM
Washington Federal Bank Saint Michael's Branch	809 Saint Michaels Drive	Santa Fe	NM
BOKF, National Association Wyoming & Carmel Branch	8221 Wyoming Boulevard Ne	Albuquerque	NM
Western Commerce Bank North Canal Branch	501 North Canal Street	Carlsbad	NM
First New Mexico Bank First New Mexico Bank Branch	300 South Gold Avenue	Deming	NM
City Bank Midtown Branch	1850 Sudderth Drive	Ruidoso	NM
Lea County State Bank North Grimes Branch	3927 North Grimes	Hobbs	NM
First National Bank Texas Swm - Rio Rancho Banking Center - Rc Branch	901 Unser Blvd Se	Rio Rancho	NM
Southwest Capital Bank Hot Springs Branch	Valencia Avenue And Hot Springs Blvd	Las Vegas	NM
The Bank of Clovis The Bank Of Clovis Branch	300 Main Street	Clovis	NM
United Business Bank Albuquerque Br Branch	1500 Mercantile Ave, Ne	Albuquerque	NM
Main Bank Main Bank Branch	7300 Menaul Blvd, Ne	Albuquerque	NM
First Savings Bank T Or C Branch	915 N. Date St	Truth Or Consequences	NM
First American Bank Hurley Branch	512 Carrasco Avenue	Hurley	NM
First National Bank Cloudcroft Branch	North Burro Avenue	Cloudcroft	NM
Valley Bank of Commerce Valley Bank Of Commerce Branch	217 West 2nd Street	Roswell	NM
Southwest Heritage Bank Bank 34 Branch	500 10th Street	Alamogordo	NM
Western Bank Western Bank, Artesia, New Mexico Branch	320 West Texas Avenue	Artesia	NM
NBH Bank Plaza Branch	219 Paseo Del Pueblo Norte	Taos	NM
First National Bank Texas Swm - Rio Rancho Banking Center - Rc Branch	901 Unser Blvd Se	Rio Rancho	NM
Southwest Capital Bank Hot Springs Branch	Valencia Avenue And Hot Springs Blvd	Las Vegas	NM
First New Mexico Bank of Silver City First New Mexico Bank Of Silver City Branch	1928 Hwy 180 East	Silver City	NM
First New Mexico Bank, Las Cruces Anthony Branch	455 Landers Rd.	Anthony	NM
First-Citizens Bank & Trust Company Albuquerque Branch	7300 Jefferson Street Northeast	Albuquerque	NM
Western Bank Main Street Branch	711 Main Street	Lordsburg	NM
WestStar Bank Las Cruces Branch	555 South Telshor Blvd., Suite 100a	Las Cruces	NM
First New Mexico Bank, Las Cruces Anthony Branch	455 Landers Rd.	Anthony	NM
U.S. Bank National Association Las Cruces University Avenue Branch	901 E. University Avenue, Suite Q	Las Cruces	NM
NBH Bank Plaza Branch	219 Paseo Del Pueblo Norte	Taos	NM
Citizens Bank of Las Cruces Citizens Bank Of Las Cruces Branch	505 S. Main Street	Las Cruces	NM
Centinel Bank of Taos Northside Branch	707 Paseo Del Pueblo Norte	Taos	NM
Century Bank Albuquerque Branch	8220 San Pedro Drive Ne, Suite 200	Albuquerque	NM
Four Corners Community Bank East Main Street Branch	5900 E. Main Street	Farmington	NM
First National Bank Texas Swm - Rio Rancho Banking Center - Rc Branch	901 Unser Blvd Se	Rio Rancho	NM
InBank Cimarron Branch	31062 Highway 64	Cimarron	NM
United Business Bank Albuquerque Br Branch	1500 Mercantile Ave, Ne	Albuquerque	NM
First New Mexico Bank of Silver City First New Mexico Bank Of Silver City Branch	1928 Hwy 180 East	Silver City	NM
Western Bank Main Street Branch	711 Main Street	Lordsburg	NM
First American Bank Hurley Branch	512 Carrasco Avenue	Hurley	NM
Valley Bank of Commerce Valley Bank Of Commerce Branch	217 West 2nd Street	Roswell	NM
Lea County State Bank North Grimes Branch	3927 North Grimes	Hobbs	NM
Bank of America, National Association Journal Center Branch	7644 Jefferson Street, N.E.	Albuquerque	NM
Pioneer Bank University Avenue Branch	705 East University Avenue	Las Cruces	NM
Citizens Bank of Las Cruces Citizens Bank Of Las Cruces Branch	505 S. Main Street	Las Cruces	NM
Pioneer Bank University Avenue Branch	705 East University Avenue	Las Cruces	NM
InBank Cimarron Branch	31062 Highway 64	Cimarron	NM
Wells Fargo Bank, National Association Shiprock Branch	Us Highway 491 North	Shiprock	NM
Centinel Bank of Taos Northside Branch	707 Paseo Del Pueblo Norte	Taos	NM
The James Polk Stone Community Bank James Polk Stone Community Bank-Clov Branch	901 Colonial Pkwy	Clovis	NM

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

NEW-MEXICO SAVINGS ACCOUNT ENVIRONMENT

New Mexico is considered a competitive market for savings products. There are several financial institutions, including national banks, local banks, credit unions, and online banks, that offer a variety of savings accounts and products in the state. These institutions often compete by offering competitive interest rates, account features, and promotions to attract customers and encourage savings. You can research and compare different options to find the best savings products that suit your needs and preferences on this site.

FREQUENTLY ASKED QUESTIONS ABOUT LOCAL SAVINGS RATES

Why do savings rates vary so much?

Even though rates are at levels that are historically very low, there is competition for your money. Like any active marketplace, there are buyers and sellers of goods and services at different prices. Banks have different cost structures and they also have different needs for capital. This leads to different rates.

BestCashCow’s surveys show that online banks offer higher savings and CD rates because they have lower expenses from not having to maintain brick-and-mortar locations. Therefore, we strongly recommend that all depositors consider the rates at online banks as savings and money market accounts online can easy be set up to enable quick transfers to your favorite local bank.

What is the difference between a savings account and a money market account?

The differences between a savings account and a money market account are largely arcane. Some money market accounts offer more ways access deposits by issuing checks and debit cards, but prudent consumers will compare the two interchangeably, focusing primarily on rates and service among FDIC-insured banks (or NCUA-insured, for credit unions). Most savvy consumers who plan their expenses and financial needs ahead find the additional functionality offered by money markets to be of little value and will choose whichever account (savings or money market) has the higher rate.

What does annual percentage yield (APY) mean?

Savings rates are displayed in terms of APY to indicate the effective annual-interest return, including the compounding of interest, of the course of a single year. $100,000 deposited in a savings or CD account with a 1.20% APY will earn $1,200 in the course of the year, but monthly interest in the first few months may be less than $100 a month (this also depends on the number of days in the month). Hence, the APY rate is ordinarily a couple of basis points above the real interest rates. Unlike with a Certificate of Deposit, your actual APY in a savings may vary if the rate changes.

How do I choose the right savings account and should I consider CDs?

Begin your search with the table here on BestCashCow.com that you have found. In addition to checking online savings rates, you should also check local bank rates and local credit union rates. If you are unlikely to require access to your cash for some time, you may also consider certificates of deposit (CDs). While CDs have penalties for early withdrawal that may even eat into your principal, the rates on 2, 3, 4 and 5 year CDs are ordinarily significantly higher than savings rates. Several other sections and articles on BestCashCow can also help you to identify your proper cash allocation between savings and CDs. Access these below. You should also familiarize yourself with our Savings & CD Calculator in order to understand the importance of compounding interest at higher rates on your savings over time.

8 POINT CHECKLIST FOR A GREAT BANKING RELATIONSHIP WITH YOUR LOCAL BANK

Find a bank with a location convenient to you. Location counts.
Choose a bank with good rates. Rates are important to get continued growth of your capital.
Choose a bank with an extensive network of fee-free ATM machines or which reimburses out-of-network ATM fees, if you still need to regularly access cash.
Avoid fees. Choose a bank which doesn’t have service fees provided you maintain a certain balance, which doesn’t charge for ACH inbound and outbound transfers, and which has low fees for things like international wire transfers and bounced checks.
Choose a healthy bank. If you click on a bank above, you’ll be taken to the bank’s financial detail. A healthy bank has happy employees and provides loyal service to its customers. No matter how healthy your bank is, stay within FDIC insurance limits.
Find something of value to offset what may be slightly lower rates than online accounts offer. Develop personal relationship with your bankers. Personal relationships can help you to get appropriate financial advice, and to navigate financial challenges and needs in the future. (Be careful with the financial advice you receive. Inappropriate financial advice is worth a lot less than no financial advice.) They can also put you in touch with others in your community who could be valuable personally and professionally to know. If you don't use your local savings account as an opportunity to build these relationships, you may find that you are better of banking online.
Choose a bank that is going to let you access your cash when you need. The great benefit of savings accounts over any other financial product (including CDs) is that you have absolute liquidity. If your bank in creating impediments to accessing your cash (paperwork, fees, etc.), then you need another bank.
Be aware that you can have more than one account. Having a great local savings account at a large or small bank near you can be great, but it doesn't need to stop you from opening one or more online savings accounts, or even developing a relationship with another local bank or credit union.