Profile of Albuquerque Banks
Are you looking to make the switch from a national bank to a local financial institution that has your priorities in mind? If so, you’re not alone. Since the bank bailout and financial crisis of 2008, millions of Americans are growing increasingly skeptical of large banks and are opting to put their money closer to home. This is where Albuquerque banks are winning.
With so many banks to choose from, picking the right one can be difficult. We’ve taken a look at some banks in Albuquerque and provided a little information about each. For a more comprehensive list, please refer to our bank listing page.
Profile of Albuquerque Banks
Charter Bank: Basic Information and CD Rates
Founded more than 30 years ago, Charter Bank has six locations throughout the state, including three branches in Albuquerque. Charter Bank offers online banking, mobile banking, loans, retirement planning and more. Right now, Charter Bank’s current CD rates are as follows.
3 month- $1,000 minimum
Interest rate: 0.40%
APY Earned: 0.40%
6 month - $1,000 minimum
Interest rate: 0.76%
APY Earned: 0.76%
12 month- $1,000 minimum
Interest Rate: 1.01%
APY Earned: 1.01%
Western Commerce Bank
Western Commerce just celebrated it’s 50 year anniversary, building it’s business from a small branch in 1961 to 10 locations statewide. Western Commerce offers customers traditional banking services such as checking, savings and loans, but also has evolved to offer online banking, credit cards, bill pay and business banking. You can see their online banking demonstration here: https://server52.cey-ebanking.com/CLKPCB/112201085/login.asp?ID=374359286
New Mexico Bank & Trust
With the motto “Banking the Way it Used to Be”, New Mexico Bank & Trust prides itself in individualized attention to its customers with an emphasis on courtesy and friendliness. The bank operates from several points throughout the states and has dozens of locations. Services include online banking, investment services, business banking and wealth management. To log on to New Mexico Bank & Trust’s online banking service simply put this URL in your browser: https://www.nmbtonline.com/onlineserv/HB/Signon.cgi.
