Checking Overview

Account Type Minimum To Open Account Description Interest Paid Service Charge
Simple Checking $50 Basic checking account for personal use
No interest paid
No service charge if receiving e-statements

$5 per statement cycle for paper statements4
Family Club $200 Checking account with additional benefits including free wallet stock checks, safe deposit box discount (if available), cashier's checks at no charge, plus $30,000 Accidental Death Ins.
No interest paid

$12 per statement cycle4
Interest Checking Account1 $1,500 Interest earning checking account
Daily balance method2 Rated APY
$1,500 and over Variable3
below $1,500 None
Minimum daily balance Fee per statement cycle4
$1,500 and over None
below $1,500 $12
Money Market Investment Account $1,500 Account for those who like to save and have the potential to earn interest while keeping money readily available.
Daily balance method2 Rated APY
$100,000 and over Variable3
$50,000 - 99,999.99 Variable3
$25,000 - 49,999.99 Variable3
$1,500 - 24,999.99 Variable3
below $1,500 None
Minimum daily balance Fee per statement cycle4
$1,500 and over None
below $1,500 $12
Savings $300 Earn interest while you save.
Daily balance method2 Rated APY
$300 and over Variable3
below $300 None
Interest compounded and paid quarterly
Minimum daily balance Quarterly service charge4
$300 and over None
below $300 $10 per quarter
Minor Checking $50 Checking account for minors. Must be joint with parent or legal guardian.
No interest paid
No service charge
Minor Savings  $25
Daily balance method2 Rated APY
Interest compounded and paid quarterly Variable3
Pays interest on any positive balance
No service charge










1We reserve the right to at anytime require not less than 7 days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. 2This method applies a daily periodic rate to the collected principal each day your balance is above the stated account minimum. Interest begins to accrue no later than the business day the bank receives credit for your deposit. 3Variable interest rates are subject to change without notice. APY = Annual Percentage Yield. 4All fees are subject to sales tax in New Mexico.