Highest CD Rates in New Mexico
Moving across the country, we turn to New Mexico to find the Highest CD Rates Info offered in that great state.
We’ll list current CD rates by term and then rank by annual percentage yield (APY) and include any extra information needed such as minimum deposit requirement and so forth.
1 Year Term Best CD Rates in New Mexico
Ally Bank has a strong showing for this term at 2.00% APY with no deposit requirement. Bank of the West offers a 1.00% APY with a $1,000 minimum deposit requirement and Bank of America offers a 0.70% APY with the same $1,000 deposit.
3 Year Term Highest CD Rates in New Mexico
For this term, Ally Bank is still on top with highest CD rates of 2.70% APY and no deposit requirement. Bank of the West is again next at 2.50% APY with a $1,000 minimum deposit requirement and Bank of America again with 2.05% APY and a $1,000 minimum deposit required.
5 Year Term New Mexico CD Rates
The rankings don’t change here for this popular term with Ally Bank still on top at 3.30% APY and Bank of the West next at 3.00% APY with a $1,000 minimum deposit requirement. Bank of America then comes in at 2.75% APY with a $1,000 minimum deposit and Bank of Alguquerque has a 2.05% APY with a $1,000 deposit required.
6 Month Term Best CD Rates in New Mexico
A quick look at this popular short term shows highest CD rates at Ally Bank, of course, at 1.65% APY with no deposit minimum, then Bank of the West at 0.70% APY and a $1,000 minimum deposit requirement. Bank of America and Wells Fargo Bank both offer a 0.25% APY with a $1,000 and $2,500 minimum deposit requirement respectively.
All banks listed are FDIC insured.