First New Mexico Bank Deposit Products

First New Mexico Bank offers a wide range of deposit product's to meet your needs. To obtain more information, or open an account, just stop by and visit with one of our friendly new accounts representatives.

Liz, Martha, Patricia

Checking Accounts

Individual Checking

$200 minimum balance to open
No service charge with balance over $500
$6.00 service charge with balance $400 to $499
$7.00 service charge with balance $300 to $399
$8.00 service charge with balance $200 to $299
$9.00 service charge with balance $100 to $199
$10.00 service charge with balance $99 and below
$8.50 service charge for all Banclub accounts

Senior Checking - Age 65 and over

$200 minimum balance to open
No monthly charges

Banclub

$200 minimum balance to open
$8.50 monthly charge
Free checks, money orders, cashier checks and travelers checks

NOW Accounts

$1,000 minimum balance to open
No charges, no interest with balances $500 to $999
$10.00 monthly charge, no interest with balance of $499 or less
For any period of time that your balance falls below $1,000, you will earn no interest. The first 20 checks are processed at no charge; thereafter a fee of $.20 per check will be assessed.

Prime Time Checking – Age 50 and over

$1,000 minimum balance to receive NOW interest rate
No service charge if minimum balance is $500 or more
$6.50 service charge if balance falls below $500
Unlimited check writing
Your first order of checks are free
Interest rates are subject to change at our discretion.

Prime Time Plus – Age 50 and over

No minimum balance required
$4.00 monthly charge
Unlimited check writing
Interest rates are subject to change at our discretion

Money Market Account

Minium balance to open is $2,500
Over $25,000 – premium interest rate
$2,500-24,999 money market rate
$2,499 -$1,000 NOW interest rate
Below $1,000 - no interest and $10 service charge
For any period of time that your balance falls below $2,500, your interest rate reverts to the NOW rate
Activity limited to 6 debits per month

Note: Interest Rates are subject to change on all interest bearing accounts at the bank's discretion.

Note: Dormant checking account fee is $5.00 per month

Savings Accounts

Regular Savings

$100 Minimum balance to open
$ 10 Minimum balance to remain open
$ 50 minimum to earn interest
6 free withdrawals per quarter, thereafter $1 each excessive withdrawal

Golden Savings

$1000 Minimum balance to open
If your balance falls below $1,000, your interest rate reverts to the Regular Savings Account rate
6 free withdrawals per quarter, thereafter $1 each excessive withdrawal

Note: Interest Rates are subject to change on all interest bearing accounts at the bank's discretion.
Note: Dormant savings account fee is $5.00 per quarter.