Account Comparison
Checking and Savings Accounts
| Freedom 1st Checking | Now Checking | Commercial Checking | Savings Account | Money Market Deposit Account |
|---|---|---|---|---|
| Minimum Balance To Open: $5.00 | Minimum Balance To Open: $1,000.00 | Minimum Balance To Open: $300.00 | Minimum Balance To Open: $100.00 | Minimum Balance To Open: $2,500.00 |
| Monthly Service Charge: $1.00 | Per Statement Cycle: No Service Charge With $1,000.00 Average Daily Balance | Per Statement Cycle: No Service Charge With $1,000.00 Average Daily Balance | Per Statement Cycle: No Service Charge With $100.01 Average Daily Balance | Per Statement Cycle: No Service Charge With $2,500.00 Average Daily Balance |
| Bill Pay & Online Banking included | Bill Pay & Online Banking included | Bill Pay & Online Banking included | Per Statement Cycle: $1.00 Charge On Every Debit Transaction Starting With the 4th Transaction |
1Gross Receipts/Sales Tax may apply to fees and charges.
2A fee may overdraw an account, resulting in additional charges.
3Overdrafts may be created by check, in person withdrawal, ATM withdrawal, or other electronic means.
4A $2.00 monthly paper statement fee will be charged to all accounts (waived for accounts utilizing E-Statements). (Fee effective August 1, 2018.)
• Minimum to open: $5.00
• Monthly Service Charge: $1.00
• Bill Pay
• Online Banking
• Unlimited Check Writing
• Tax will be charged on all service charge fees2
1A $2.00 monthly paper statement fee will be charged to all accounts (waived for accounts utilizing E-Statements). (Fee effective August 1, 2018.)
2A fee may overdraw an account, resulting in additional charges.
• Minimum Balance to Open: $1,000.00
• Unlimited Check Writing
• Bill Pay
• Online Banking
• Tax will be charged on all service charge fees2
Service Charge may vary based on Average Daily Balance - See below:
• Per Statement Cycle: No Service Charge With $1,000.00 Average Daily Balance
• Per Statement Cycle: $7.00 Service Charge when Average Daily Balance is less than $1,000.002
• Per Statement Cycle: $10.00 Service Charge when Average Daily Balance is less than $500.002
NOW Accounts
| Required Daily Balance During Statement Period to Obtain | APY3 |
|---|---|
| $500.00 to $2,499.99 | 0.05% |
| $2,500.00 to $99,999.99 | 0.10% |
| $100,000.00 and up | 0.10% |
NOTE: These rates are subject to change. Please contact one of our friendly New Accounts Representatives at (505) 425-7584 with any questions you may have.
• All rates are shown with their Annual Percentage Yield (APY)
• All rates effective as of November 14, 2022
1A $2.00 monthly paper statement fee will be charged to all accounts (waived for accounts utilizing E-Statements). (Fee effective August 1, 2018.)
2A fee may overdraw an account, resulting in additional charges. Fees may reduce earnings on the account.
3Rate may change after the account is opened.
• Minimum balance to open: $300.00
• Per Statement Cycle: No Service Charge With $1,000.00 Average Daily Balance
• Bill Pay
• Online Banking
Service Charge may vary based on Average Daily Balance - See below:
| Required Average Daily Balance during statement period2 | Service Charge3 |
|---|---|
| $1,000.00 | $3.00 |
| $500.00 | $4.00 |
| $300.00 | $5.00 |
| $200.00 | $6.00 |
1A $2.00 monthly paper statement fee will be charged to all accounts (waived for accounts utilizing E-Statements). (Fee effective August 1, 2018.)
2Service charge fees apply during a monthly statement cycle if the average daily balance falls below listed balance.
3Tax will be charged on all service charge fees. A fee may overdraw an account, resulting in additional charges.
| Required Daily Balance during statement period to obtain | APY4 |
|---|---|
| $100.01 and up | 0.10% |
• Minimum balance to open: $100.00
• Minimum balance to obtain interest: $100.01
• Bill Pay
• Online Banking
• Per Statement Cycle (Quarterly): No Service Charge With $100.01 Average Daily Balance2
• Per Statement Cycle (Quarterly): $1.00 Service Charge when Average Daily Balance is less than $100.013
• Per Statement Cycle (Quarterly): $1.00 Charge On Every Debit Transaction Starting With the 4th Transaction3
• All rates are shown with their Annual Percentage Yield (APY)
• All rates effective as of November 14, 2022
1A $2.00 monthly paper statement fee will be charged to all accounts (waived for accounts utilizing E-Statements). (Fee effective August 1, 2018.)
1Fees may reduce earnings.
2An average daily balance of $100.01 is required to avoid monthly service charges.
3Tax will be charged on service charge fees. A fee may overdraw an account, resulting in additional charges.
4Rate may change after the account is opened.
5$1.00 per item in excess of 3 per statement cycle (3rd to the 3rd)
• Minimum balance to open: $2,500.00
• Per Statement Cycle: No Service Charge With $2,500.00 Average Daily Balance
Service fee may vary based on balance - See below:
| Required Average Daily Balance during statement period |
Service Charge1 |
|---|---|
| $2,500.00 | $3.00 |
| $1,500.00 | $5.00 |
| $1,000.00 | $7.00 |
| Required Daily Balance during statement period to obtain | APY2 |
|---|---|
| $500 to $24,999.99 | 0.10% |
| $25,000.00 to $249,999.99 | 0.15% |
| $250,000.00 and up | 0.20% |
NOTE: These rates are subject to change. Please contact one of our friendly New Accounts Representatives at (505) 425-7584 or toll free at 1-888-425-7584 with any questions you may have.
• All rates are shown with their Annual Percentage Yield (APY)
• All rates effective as of November 14, 2022
1A $2.00 monthly paper statement fee will be charged to all accounts (waived for accounts utilizing E-Statements). (Fee effective August 1, 2018.)
1Fees may reduce earnings and rates may change after account opening on variable rate accounts.
1Tax will be charged on all service charge fees. A fee may overdraw an account, resulting in additional charges.
2Rate may change after the account is opened.
Safe Deposit Boxes
We have Safe Deposit Boxes available to safeguard your valuables.
Yearly Safe Deposit Box Rates
3x5 - $25.00
5x5 - $30.00
3x10 - $45.00
5x10 - $70.00
6x10 - $85.00
9x10 - $95.00
10x10 - $130.00
Rent for boxes is due January 31st, of each year.
• A $2.00 late fee will be incurred at 30 days past due.
• A $10.00 late fee will be incurred at 60 days past due.
• A $25.00 late fee will be incurred at 90 days past due.
AVAILABLE ONLY AT SELECT BRANCHES FOR DEPOSIT CUSTOMERS
Contents inside of Safe Deposit Boxes are not FDIC insured.
If a box is not paid for 5 years, the box will be drilled and the contents will be sent to the State of New Mexico as abandoned property.
If you lose both keys to the safe deposit box there will be a $150.00 drill fee if an appointment is set. If it is an emergency drill, the fee for the drill will be $250.00.
A one-time $20.00 key deposit will be applied when opening the box. You will be issued two keys. The deposit will be refunded if both keys are returned when surrendering the box.
ATM / Debit Cards
ATM / Debit Cards are available for most accounts
If you need to cancel a Lost or Stolen Debit Card:
Call Card Services at: 1-888-263-3370
Card Activation Line: 1-855-726-4885
Change Your PIN: 1-855-726-4885
If you need to dispute a Point-of-Sale transaction:
Call the Dispute Processing Center at:
1-833-995-2888
CDs / IRAs
| Length of Time | $500 to $99,999.99 | $100,000 Plus | ||
|---|---|---|---|---|
| CD's / IRA's | RATE | APY | RATE | APY |
| 182 Days | 0.25% | 0.25% | 0.30% | 0.30% |
| 1 Year | 0.35% | 0.35% | 0.40% | 0.40% |
| 18 Months | 0.50% | 0.50% | 0.65% | 0.65% |
| 2 Years | 0.75% | 0.75% | 0.80% | 0.80% |
| 3 Years | 0.85% | 0.85% | 0.90% | 0.90% |
| 5 Years | 1.00% | 1.00% | 1.05% | 1.05% |
All rates are calculated using a daily balance method to calculate interest during a month from the day of opening on all accounts.
Minimum balance to open account is $500.00
Minimum daily balance to obtain APY is $500.00
Certificate of Deposit (CD):
Start saving today! All CD rates are shown with their Annual Percentage Yield (APY). Simply determine the term and amount you would like to deposit.
Individual Retirement Account (IRA):
Save for your retirement! Simply determine the term and amount you would like to deposit. You can deposit any amount at any time.
Fees could reduce earnings on the account. A penalty may be imposed for early withdrawal.
NOTE: These rates are subject to change. Please contact one of our friendly New Accounts Representatives at (505) 425-7584 with any questions you may have. All rates effective as of November 14, 2022.