Saving for a new home, your retirement or that special vacation you can share with your family doesn't seem that far away with a savings account from Bank of New Mexico.
Click the "Get Details" next to each savings account to learn more about what each has to offer or compare accounts.
It's All About You! At Bank of New Mexico we recognize that we have diverse and unique customers. Everyone of our customers is special and has distinctive goals and needs. We offer savings accounts to meet you where you are.
Are you seeking a simple account for your savings? Then Bank of New Mexico's Simple Savings account is for you and helps you save money without all of those complicated "rules" and fees.
This savings account is designed to help you establish a routine saving plan that works for you. You start by making a regular deposit every month of $25 or more. The bank helps by eliminating the monthly charge for accounts that do not meet the minimum balance requirement.
The Liquid Money Market Savings account provides you a great "Money Market" return with with access to the funds whenever you need them with the peace of mind you deserve knowing your money is safe.
Its never to early to learn how to save. Savings is a habit that pays huge rewards. We want each of our young customers to learn to save at a young age and this account is designed with this in mind. This savings account is for minors under 18.
Certificate of Deposit, IRAs and Education Savings Account (ESA):
Bank of New Mexico's CDs are available from 30 days to 5 years or even longer and pay a competitive interest rate. The minimum opening balance is $1,000. You can add to the CD at anytime in increments of $500.
Let the power of IRAs work for you. Talk to a Bank of New Mexico Customer Service Representative and learn how you can use an IRA to build long-term retirement funds and save on your income taxes too.
Need to save for your child's education, but can never seem to keep the savings? Look no further than the Coverdell ESA. Education Savings Accounts allow your to save money each year and the earnings are tax free.