Rates & Fees

Auto Loans

* APR determined when application is processed, based on applicant's credit history.

For example you could pay as little as $369 per month for a $20,000 loan**

**On approved credit: 3.99% Annual Percentage Rate for 60 months. APR effective 7/23/10; subject to change. Even lower rates are available for 36-month and 48-month terms.

Home Equity Loans

Home Improvement Loan

* Rates for variable rate loans are subject to change after the loan has been initiated.

With our Home Equity Line of Credit, you can start repaying a $20,000 loan with an initial monthly payment as low as $83.**

**Payment amount is based on 5.00% interest-only payments; interest only payments are for a limited term only. Based on approved credit. Effective 5/1/13 for a 20 year term. A Financial Consultant can give you the exact payment for the loan you need. Depending on your credit score, your rates maybe higher. Rate subject to change.

***Please ask your tax advisor about potential deductibility of interest payments on your federal tax returns.

****Home Improvement Loan must be used for Home Improvement/Repair only.  Documentation is required.

Additional Notes:
There are no closing costs and no annual fees on any of our equity loans. You must carry insurance on the property that secures an equity loan.

Ask for discount rate information about your first mortgage loan with New Mexico Educators. 855-5950 (800-347-2838 outside the Albuquerque area) or visit our Mortgage section for more information.

Credit Cards

Other Loans

* APR determined when application is processed, based on applicant's credit history.

Motorcycle Loans

* APR determined when application is processed, based on applicant's credit history.

RV Loans

*APR determined when application is processed, based on applicant's credit history.

Savings, Checking & IRA Accounts

• Rates for variable rate accounts are subject to change after the account has been opened.
• You must maintain the minimum daily balance in your account each day to obtain the disclosed Annual Percentage Yield.
• Fees may reduce the earnings on dividend-earning accounts. Penalties may also be imposed for early withdrawal.
• All minimum balances shown above supersede any disclosed in our "Account Information" brochure.

Certificate (IRA & Regular)

• You must maintain the minimum daily balance in your account each day to obtain the disclosed Annual Percentage Yield.
• Fees may reduce the earnings on dividend-earning accounts. Penalties may also be imposed for early withdrawal.
• All minimum balances shown above supersede any disclosed in our "Account Information" brochure.

New Money Market Account

Money Market Account - Minimum balance fee of $7.50 if the account falls below an average monthly balance of $2,500.

• Rates for variable rate accounts are subject to change after the account has been opened.
• You must maintain the minimum daily balance in your account each day to obtain the disclosed Annual Percentage Yield.
• Fees may reduce the earnings on dividend-earning accounts. Penalties may also be imposed for early withdrawal.
• All minimum balances shown above supersede any disclosed in our "Account Information" brochure.

Fee Schedule

*Fees are subject to change.