New Mexico Educators Federal Credit Union - The Power of WE
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Community Rewards Program
Enroll today! Earn cash rewards just by using your Visa® Check Card and your Credit Union supports a local community of your choice — at no cost to you.
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Debt Consolidation Loans
Take control of your finances! Consolidate your credit cards with one low interest rate, or consider the tax advantages of a home equity loan to achieve a manageable monthly budget.
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Rates & Fees


Auto Loans - Effective 1/1/09


TypeTermAnnual Percentage Rate*Notes

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



Home Equity Loans - Effective 12/3/08


TypeTermAnnual Percentage Rate*Notes

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

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.



Credit Cards - Effective 4/1/08


TypeAnnual Percentage RateNotes


Other Loans - Effective 06/19/06


TypeTermAnnual Percentage Rate*Notes

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



Motorcycle Loans - Effective 01/1/09


TypeTermAnnual Percentage Rate*Notes

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



RV Loans - Effective 1/1/09


TypeTermAnnual Percentage Rate*Notes


Savings, Checking & IRA - Effective 12/1/08


TypeMinimum Balance RequiredDividend RateAnnual Percentage Yield
  • 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 supercede any disclosed in our "Account Information" brochure.


Share Certificate (IRA & Regular) - Effective 12/30/08


TypeTermMinimum Balance RequiredDividend RateAnnual Percentage Yield
  • 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 supercede any disclosed in our "Account Information" brochure.


Money Market - Effective 12/1/2008


Minimum Balance RequiredDividend RateAnnual Percentage Yield
  • Rates for this variable rate account 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.
  • All minimum balances shown above supercede any disclosed in our "Account Information" brochure.


Fee Schedule - Effective 12/10/08


General Fees 
Union Vacation Accounts  
Checking/Share Draft Accounts  
Automated Teller Machines  
Shared Branches  
  • Fees are subject to change at the discretion of the Board of Directors. Please see our "Account Information" brochure for further details.


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©2008 New Mexico Educators Federal Credit Union. All rights reserved. Do not duplicate or redistribute in any form.
NCUAYour savings federally insured to at least $250,000 through December 31, 2009, and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
Equal Housing LenderEqual Opportunity Lender
We Do Business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.