Posts Tagged ‘New Mexico CD Rates – Compare Local vs. National Rates’
Excellent 6 month CD rates from tiny Credit Union in New Mexico
We just got word on some excellent 6 month CD rates coming from an extremely small credit union (977 members) in New Mexico. Currently Quay Schools Federal Credit Union of Tucumcari, NM, is offering six month CD’s yielding an APY of 1.26% requiring a minimum deposit of $10,000. This rate is more than double the current national average for 6 month CDs which sits at around 0.48% APY.
Here are some more Read more…
Highest yielding money market account rates in New Mexico
Below are the highest yielding money market account rates serving citizens of the state of New Mexico.
If you are strictly after the best interest rate then you have a variety of options that will provide you with similar yields. The question you need to ask yourself is, “what type of minimum balance can I keep?” Most money market accounts provide a given interest rate based on a certain account balance. The more money you are able to keep Read more…
Best CD rates in New Mexico: Top 3
Below are the highest yielding CD (certificate of deposit) rates available to the residents of New Mexico. They come in the form of 13 month CDs, 24 month CDs and 60 month CDs. After sorting through dozens of rate pages by local community banks and credit unions serving the state of New Mexico, we found that for the most part, you will be able to receive slightly better rates with local institutions than with large national banks.
Keep in mind interest Read more…
