Now that we’re in a new month, it’s a good time to take a look at current interest rates in New Mexico.
New Mexico Banking Rates has compiled a list of the best interest rates in the city for savings accounts and certificates of deposit. Find out if your accounts measure up or if it’s time to open a new one with a better rate. 
If you’re currently looking for the best interest rates around, you can begin looking at the local financial institutions within your state of New Mexico. Community banks and credit unions are generally known for providing higher rates, though not all local institutions can compete with the top offers in the state. That’s why it’s so important to research all of the highest rates near you before opening an account. 
CD rates in have remained relatively steady over the past month, but there has been some movement. For anyone searching for the best CD rates today, below is a list of the top offers from banks and credit unions in , New Mexico:
Highest 6-Month CD Rates
- Financial Security Credit Union: 1.76%
- Cannon Credit Union: 1.66%
- Community 1st Bank Las Vegas: 1.56%
Top 12-Month CD Rates
- Financial Security Credit Union: 2.01%
- Cannon Credit Union: 2.01%
- Community 1st Bank Las Vegas: 1.99%
Best 24-Month CD Rates in
- Cannon Credit Union: 2.42%
- Community 1st Bank Las Vegas: 2.34%
- Roswell Community Credit Union: 2.31%
Please note that these rates are accurate as of the publish date but are subject to change at any time in the future.
If you live in the state of New Mexico and are thinking about opening a 2 Year CD account, there are certain account characteristics you’ll need to consider before choosing the best account for you. Things like the minimum balance required and term length of your CD are important, but the interest rate you’ll earn is at the top of the list.
Longer term lengths generally yield higher CD rates, which is why a 24-month CD is a great investment option. That doesn’t necessarily mean every 2 year CD rate is good, however. New Mexico Banking Rates can help familiarize you with the rates available in state and find the rates that are truly competitive for the area. 
Whether you live in New Mexico because you grew up here, or because you enjoy its many cultural and scenic attractions, New Mexico Banking Rates could help you meet many of your financial goals by helping find the information you need to save. People of all ages and income levels could stand to benefit from smart money tips. Some rates include: 
Our network of New Mexico insurers, mortgage lenders, loan officers and other financial professionals is here to help you find the best rates on all sorts of financial commitments. Before you shop for rates, take a look at your free credit report and score. It’s fast, easy, and prevents fraud.