All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000.00 available to depositors under the FDIC’s general deposit insurance rules.
The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes interest on Lawyers Trust Accounts (IOLTAs). It does not include other accounts, such as traditional checking or demand deposit accounts that my earn interest, NOW accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
FIRST NEW MEXICO BANK wants to ensure the online protection of your Personal and Account information.
- First New Mexico Bank will not ask you to submit Personal or Account Information through email that is not sent secure. For your protection, we ask you to send any email containing Personal Customer Information through First New Mexico Bank website at www.firstnewmexicobank.com and use our Secure Contact Us Form.
- For your protection, any email sent from First New Mexico Bank that includes Personal Customer Information will be sent through our secure email service USA.net Secure Email. The officer sending you the email will contact you by telephone with the password.
- If you ever receive an email appearing to be from First New Mexico Bank that asks you for personal information such as your Account Number or Social Security Number, do not respond to the email. Please notify us immediately at 575-546-2691 and report the information to any officer of the Bank.