New Mexico Educators Federal Credit Union - The Power of WE
How may we help you?
Help Me...
I Want To...
Apply Online...

 

 

 

Rates & Fees Comparisons

Product Comparison

As a resource for all of your financial decisions, we have added a Product Comparison tool to help make your financial research easier. This tool will allow you to research your Credit Union's product rates and compare them to other financial institutions. These product comparisons will be updated on a regular basis. Choose comparisons from Auto Loans to Savings Certificates by clicking on a product link.

Product Comparison - Auto Loans

Updated 11/06/09

Based on a 48 Month Loan for a New Vehicle
Financial Institution Rates Starting at
Bank of Albuquerque 5.25%
Bank of America 4.44%
Bank of the West 6.24%
Compass Bank 10.99%
Wells Fargo Bank 6.64%
New Mexico Educators 4.00%

Auto Loans | Checking | Credit Cards | Equity Loans | Mortgages | Savings Certificates

Product Comparison - Checking

Updated 11/06/09

Financial Institution Minimum to Open Overdraft Fee Stop Payment Fee Online Bill Payer Use of ATMs Out of Network Free Checks
Bank of Albuquerque $50.00 for free checking $32.75 $29.75 Free $1.00 No
Bank of America $25 requires direct deposit $35 $30.00 Free $2.00 No
Bank of the West $100.00 $31-$35 $28.00 Free $1.50 No
Compass Bank $25.00 $38.00 $32.00 Free $2.00 No
Wells Fargo Bank $100.00 No Mailed Statements $35.00 $29.00 First Two Months Free, Thereafter $6.95 Per Month $2.50 No
New Mexico Educators $5.00 $10-33 $20.00 Free, Unlimited $1.50 One Box of Checks Per Year

Auto Loans | Checking | Credit Cards | Equity Loans | Mortgages | Savings Certificates

Product Comparison - Credit Cards

Updated 11/06/09

Financial Institution Purchase APR Cash Advance APR Annual Fee Grace Period Late Fee / Over Limit Fee
Bank of Albuquerque 7.99% - 20.99% 20.99% none 24-30 days $19 - $29 / $39
Bank of America 10.99% - 19.99% 24.24% none at least 25 days $15 - $39 /$15 - $39
Bank of the West 10.24% - 13.15% 22.24% none 25 days $25 - $30/ $35
Compass Bank 7.24% - 20.24% 21.99% - 26.24% none 21 days $15 - $29 / $39
Wells Fargo Bank 10.65% - 22.65% 23.49% none 25 days $20 - $39 / $35
New Mexico Educators 9.00% - 13.00% 9.00% - 13.00% none 25 days $25 / $25

Auto Loans | Checking | Credit Cards | Equity Loans | Mortgages | Savings Certificates

Product Comparison - Home Equity Loan

Updated 11/06/09

Home Equity Loan
Based on 80% LTV, $50,000 Loan, Variable with Fixed Option
Financial Institution Annual Percentage Rate
Bank of Albuquerque 7.75%
Bank of America 9.34%
Bank of the West 7.74%
Compass Bank 7.80%
Citibank 7.99%
Wells Fargo Bank 9.75%
New Mexico Educators 4.00%

Product Comparison - Home Equity Line of Credit

Updated 11/06/09

Home Equity Line of Credit
Based on 80% LTV, $50,000 Loan, Variable with Fixed Option
Financial Institution Annual Percentage Rate
Bank of Albuquerque 5.25%
Bank of America 5.24%
Bank of the West 5.99%
Compass Bank 5.05%
Citibank 5.14%
Wells Fargo Bank 5.99%
New Mexico Educators 4.00%

Auto Loans | Checking | Credit Cards | Equity Loans | Mortgages | Savings Certificates

Product Comparison - Savings Certificates

Updated 11/06/09

Based on a $1,000 Investment in a 24 Month Certificate of Deposit
Financial Institution Annual Percentage Yield
Bank of Albuquerque 1.15%
Bank of America 1.76%
Bank of the West 2.10%
Compass Bank 1.70%
New Mexico Educators 2.00%

Auto Loans | Checking | Credit Cards | Equity Loans | Mortgages | Savings Certificates


Links that open a new browser window are opening a third party page. New Mexico Educators Federal Credit Union is not responsible for the content or availability of these linked sites. The Credit Union does not represent either the third party or member if the two enter into a transaction. Privacy and security policies may differ from those practiced by New Mexico Educators Federal Credit Union.

2009 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, 2013, 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.