Compare the Best Local Rates

New Mexico Savings Account Rates: Banks Versus Credit Unions

Both community banks and credit unions have garnered reputations as sources of excellent interest rates, which is great to know when you’re looking for the highest rate on your New Mexico savings account. Of course, only one financial institution in the state can have the very best interest rate of all, and you probably want to know where that is. Is it the nearby bank or your community credit union? You’re about to find out.

Below is a list of the best savings account rates in New Mexico, split up by credit unions and banks. Did your financial institution make the list?

New Mexico Banks with the Highest Savings Rates

  • Western Heritage Bank: 0.51%
  • Charter Bank New Mexico: 0.25%
  • Century Bank: 0.25%
  • The Carlsbad National Bank: 0.2%
  • Lea County State Bank: 0.15%

Credit Unions in New Mexico with the Best Savings Interest Rates

  • Financial Security Credit Union: 0.55%
  • The Florist Credit Union: 0.52%
  • Artesia Credit Union: 0.47%
  • Rio Grande Credit Union - Albuquerque, New Mexico: 0.45%
  • New Mexico Central Credit Union: 0.4%

Please note that these rates are accurate as of 6/17/11, but are subject to change at any time.


Check rates in these cities in New Mexico: See Cities