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Best Money Market Rates in New Mexico (NM) - May 2026

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Brian McKay Brian McKay
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Brian McKay

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Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Last Updated: May 12, 2026

Current New Mexico money market deposit account rates include America First Federal Credit UnionAmerica First Federal Credit Union3400 NM 528 NW, Albuquerque, NM 87114A5.0 ★Texas Ratio: 8.12% Money Market at 3.90% APY, Mountain America Federal Credit UnionMountain America Federal Credit Union9200 Golf Course Rd NW, Albuquerque, NM 87114 5891A5.0 ★Texas Ratio: 11.38% Money market at 3.55% APY, Sunflower BankSunflower Bank421 N Water St, Las Cruces, NM 88001A+5.0 ★Texas Ratio: 5.67% Thrive Money Market at 3.45% APY, Nusenda Federal Credit UnionNusenda Federal Credit Union4100 Pan American FWY NE, Albuquerque, NM 87107A+5.0 ★Texas Ratio: 4.72% Money Market at 3.10% APY, and State Employees Credit UnionState Employees Credit Union813 Saint Michaels Dr, Santa Fe, NM 87505 7607C3.8 ★Texas Ratio: 29.00% Advantage+ Money Market at 2.50% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.

Use the tables below to compare money market rates across New Mexico side-by-side. New Mexico money market rates currently reach as high as 3.90% APY from America First Federal Credit Union at 3400 NM 528 NW, Albuquerque, NM 87114. Rates are continually updated — we recommend checking back frequently.

Rates reflect recent market quotes and representative offers available to depositors in New Mexico and surrounding area. Last Updated and Verified: May 12, 2026

Compare the Best Money Market Rates Today in New Mexico

Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
3400 NM 528 NW, Albuquerque, NM 87114
Money Market
3.90%
$0
View
▼
Rate3.83%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
9200 Golf Course Rd NW, Albuquerque, NM 87114 5891
Money market
3.55%
$0
View
▼
Rate3.49%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
3400 NM 528 NW, Albuquerque, NM 87114
Money Market
3.45%
$0
View
▼
Rate3.40%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Sunflower Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.67%
421 N Water St, Las Cruces, NM 88001
Thrive Money Market
3.45%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

$24,999.01 & Above

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
9200 Golf Course Rd NW, Albuquerque, NM 87114 5891
Money market
3.20%
$0
View
▼
Rate3.15%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Nusenda Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.72%
4100 Pan American FWY NE, Albuquerque, NM 87107
Money Market
3.10%
$0
View
▼
Rate3.06%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Sunflower Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.67%
421 N Water St, Las Cruces, NM 88001
Thrive Money Market
3.05%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details

$24,999.00 & Below

Nusenda Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.72%
4100 Pan American FWY NE, Albuquerque, NM 87107
Money Market
2.85%
$0
View
▼
Rate2.81%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
3400 NM 528 NW, Albuquerque, NM 87114
Money Market
2.70%
$0
View
▼
Rate2.67%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Nusenda Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.72%
4100 Pan American FWY NE, Albuquerque, NM 87107
Money Market
2.60%
$0
View
▼
Rate2.57%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Advantage+ Money Market
2.50%
$0
View
▼
Rate2.45%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Business Money Market
2.50%
$0
View
▼
Rate2.50%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
9200 Golf Course Rd NW, Albuquerque, NM 87114 5891
Money market
2.40%
$0
View
▼
Rate2.37%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

First Financial Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.46%
2700 San Mateo Blvd NE, Albuquerque, NM 87110 3160
Money Market Account
2.27%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market Account
2.25%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market
2.25%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market Advantage
2.25%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Business Money Market
2.25%
$0
View
▼
Rate2.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
3400 NM 528 NW, Albuquerque, NM 87114
Money Market
2.05%
$0
View
▼
Rate2.03%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

First Financial Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.46%
2700 San Mateo Blvd NE, Albuquerque, NM 87110 3160
Money Market Account
2.02%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Evolve Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
4170 Northrise, Las Cruces, NM 88011
High-Yield Money Market
2.02%
$250,000
View
▼
Rate2.00%
Min Deposit$250,000
Min Balance—
UpdatedMay 6, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Business Money Market
2.00%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market Advantage
2.00%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market Account
2.00%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market
2.00%
$0
View
▼
Rate2.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
9200 Golf Course Rd NW, Albuquerque, NM 87114 5891
Money market
1.90%
$0
View
▼
Rate1.88%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
3400 NM 528 NW, Albuquerque, NM 87114
Money Market
1.80%
$0
View
▼
Rate1.79%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Los Alamos Schools Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
3286 Cerrillos Rd, Santa Fe, NM 87507 2925
Money Market Tier III
1.77%
$0
View
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

First Financial Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.46%
2700 San Mateo Blvd NE, Albuquerque, NM 87110 3160
Money Market Account
1.76%
$0
View
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Business Money Market
1.75%
$0
View
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Nusenda Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.72%
4100 Pan American FWY NE, Albuquerque, NM 87107
Money Market
1.75%
$0
View
▼
Rate1.74%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market
1.75%
$0
View
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Otero Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.15%
3300 N White Sands Blvd Unit A, Alamogordo, NM 88310
Money Market
1.75%
$0
View
▼
Rate1.74%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market Advantage
1.75%
$0
View
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

State Employees Credit Union
Institution Rating:
C3.8 ★ Texas Ratio: 29.00%
813 Saint Michaels Dr, Santa Fe, NM 87505 7607
Money Market Account
1.75%
$0
View
▼
Rate1.75%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Otero Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.15%
3300 N White Sands Blvd Unit A, Alamogordo, NM 88310
Money Market
1.70%
$0
View
▼
Rate1.69%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Los Alamos Schools Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
3286 Cerrillos Rd, Santa Fe, NM 87507 2925
Money Market Tier II
1.52%
$0
View
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Del Norte Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.51%
3286 Cerrillos Rd, Santa Fe, NM 87507
Business Money Market
1.51%
$2,000
View
▼
Rate1.50%
Min Deposit$2,000
Min Balance—
UpdatedMay 10, 2026
Details

First Financial Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 10.46%
2700 San Mateo Blvd NE, Albuquerque, NM 87110 3160
Money Market Account
1.51%
$0
View
▼
Rate1.50%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Del Norte Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.51%
3286 Cerrillos Rd, Santa Fe, NM 87507
Money Market Accounts
1.51%
$2,000
View
▼
Rate1.50%
Min Deposit$2,000
Min Balance—
UpdatedMay 10, 2026
Details

Main Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 3.33%
7300 Menaul Blvd Ne, Albuquerque, NM 87110
Money Market Account
1.50%
$1,000
View
▼
Rate1.49%
Min Deposit$1,000
Min Balance—
UpdatedMay 5, 2026
Details

Otero Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.15%
3300 N White Sands Blvd Unit A, Alamogordo, NM 88310
Money Market
1.45%
$0
View
▼
Rate1.44%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Mountain America Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 11.38%
9200 Golf Course Rd NW, Albuquerque, NM 87114 5891
Money market
1.45%
$0
View
▼
Rate1.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Evolve Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.63%
4170 Northrise, Las Cruces, NM 88011
Money Market
1.36%
$2,500
View
▼
Rate1.35%
Min Deposit$2,500
Min Balance—
UpdatedMay 6, 2026
Details

Nusenda Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.72%
4100 Pan American FWY NE, Albuquerque, NM 87107
Money Market
1.35%
$0
View
▼
Rate1.34%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

One Source Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.36%
1375 E Boutz Rd, Las Cruces, NM 88001 5305
Money Market Accounts
1.31%
$0
View
▼
Rate1.30%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Del Norte Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.51%
3286 Cerrillos Rd, Santa Fe, NM 87507
Money Market Accounts
1.26%
$2,000
View
▼
Rate1.25%
Min Deposit$2,000
Min Balance—
UpdatedMay 10, 2026
Details

Los Alamos Schools Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.28%
3286 Cerrillos Rd, Santa Fe, NM 87507 2925
Money Market Tier I
1.26%
$0
View
▼
Rate1.25%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Del Norte Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.51%
3286 Cerrillos Rd, Santa Fe, NM 87507
Business Money Market
1.25%
$2,000
View
▼
Rate1.25%
Min Deposit$2,000
Min Balance—
UpdatedMay 10, 2026
Details

America First Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 8.12%
3400 NM 528 NW, Albuquerque, NM 87114
Money Market
1.25%
$0
View
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

One Source Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.36%
1375 E Boutz Rd, Las Cruces, NM 88001 5305
Money Market Accounts
1.21%
$0
View
▼
Rate1.20%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

One Source Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.36%
1375 E Boutz Rd, Las Cruces, NM 88001 5305
Money Market Accounts
1.11%
$0
View
▼
Rate1.10%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

FIRSTLIGHT
Institution Rating:
A+5.0 ★ Texas Ratio: 1.79%
3105 Del Rey Blvd, Las Cruces, NM 88012
Money Market
1.11%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

AVD $100,000 - $249,999.

Nusenda Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.72%
4100 Pan American FWY NE, Albuquerque, NM 87107
Money Market
1.10%
$0
View
▼
Rate1.09%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Western Heritage Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.04%
230 S Alameda Blvd, Las Cruces, NM 88005
Money Market Accounts
1.10%
$0
View
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

First National Bank Alamogordo, NM
Institution Rating:
D3.1 ★ Texas Ratio: 38.20%
414 10th St, Alamogordo, NM 88310
Money Market Personal Checking** Daily Balance**** and Over
0.30%
$0
View
▼
Rate0.30%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$50,000.00

First National Bank Alamogordo, NM
Institution Rating:
D3.1 ★ Texas Ratio: 38.20%
414 10th St, Alamogordo, NM 88310
Money Market Business/ PF Checking** Daily Balance**** and over
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$50,000.00

First National Bank Alamogordo, NM
Institution Rating:
D3.1 ★ Texas Ratio: 38.20%
414 10th St, Alamogordo, NM 88310
Money Market Personal Checking** Daily Balance****
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$25,000.00 - $49,999.99

First National Bank Alamogordo, NM
Institution Rating:
D3.1 ★ Texas Ratio: 38.20%
414 10th St, Alamogordo, NM 88310
Money Market Business/ PF Checking** Daily Balance****
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$25,000.00 - $49,999.99

First National Bank Alamogordo, NM
Institution Rating:
D3.1 ★ Texas Ratio: 38.20%
414 10th St, Alamogordo, NM 88310
Money Market Personal Checking** Daily Balance****
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$10,000.00 - $24,999.99

Lea County State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
1017 N Turner St, Hobbs, NM 88240
Money Market
0.20%
$100
View
▼
Rate0.20%
Min Deposit$100
Min Balance—
UpdatedMay 5, 2026
Details

First National Bank Alamogordo, NM
Institution Rating:
D3.1 ★ Texas Ratio: 38.20%
414 10th St, Alamogordo, NM 88310
Money Market Personal Checking** Daily Balance****
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$2,500.00 - $9,999.99

First National Bank Alamogordo, NM
Institution Rating:
D3.1 ★ Texas Ratio: 38.20%
414 10th St, Alamogordo, NM 88310
Money Market Business/ PF Checking** Daily Balance****
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$10,000.00 - $24,999.99

First National Bank Alamogordo, NM
Institution Rating:
D3.1 ★ Texas Ratio: 38.20%
414 10th St, Alamogordo, NM 88310
Money Market Business/ PF Checking** Daily Balance****
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

$2,500.00 - $9,999.99

Lea County State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
1017 N Turner St, Hobbs, NM 88240
Money Market
0.10%
$100
View
▼
Rate0.10%
Min Deposit$100
Min Balance—
UpdatedMay 5, 2026
Details

Lea County State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
1017 N Turner St, Hobbs, NM 88240
Money Market
0.05%
$100
View
▼
Rate0.05%
Min Deposit$100
Min Balance—
UpdatedMay 5, 2026
Details

Lea County State Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.40%
1017 N Turner St, Hobbs, NM 88240
Money Market
0.02%
$100
View
▼
Rate0.02%
Min Deposit$100
Min Balance—
UpdatedMay 5, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in New Mexico and the surrounding area.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.

New Mexico Money Market Rate Trends

Compare local New Mexico money market quotes against the statewide average

Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full New Mexico MMA Trends →
High-Yield MMA — NM Avg
3.070%
▲ 0.011 vs 7 days ago

New Mexico high-yield MMA rates rose 0.011 points over the past 7 days to 3.070% APY.

Standard MMA — NM Avg
0.262%
Unchanged vs 7 days ago

New Mexico standard MMA rates currently average 0.262% APY.

As of May 12, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for New Mexico directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in New Mexico. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in NM.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Money Market Accounts in New Mexico

What is a Money Market Account (MMA)?

A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in New Mexico.

Are Money Market accounts in New Mexico safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in New Mexico up to $250,000 per depositor, per institution.

How often do MMA rates change in New Mexico?

Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local New Mexico rate tables daily to ensure you see the most current high-yield options.

Can I write checks from a Money Market Account?

Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.

How much do I need to deposit to open a money market account in New Mexico?

Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in New Mexico require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.

Best Money Market Rates in New Mexico

Here are some of the highest money market account APYs currently available in New Mexico:
  • America First Federal Credit Union
    Money Market — 3.90% APY
  • Mountain America Federal Credit Union
    Money market — 3.55% APY
  • Sunflower Bank
    Thrive Money Market — 3.45% APY
  • Nusenda Federal Credit Union
    Money Market — 3.10% APY
  • State Employees Credit Union
    Advantage+ Money Market — 2.50% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in New Mexico. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 12, 2026

New Mexico Rates & Resources

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Cities in New Mexico

  • Ruidoso Downs
  • Sacramento
  • Saint Vrain
  • Salem
  • San Acacia
  • San Antonio
  • San Cristobal
  • San Fidel
  • San Jon
  • San Jose
  • San Juan Pueblo
  • San Miguel
  • San Patricio
  • San Rafael
  • San Ysidro
  • Sandia Park
  • Sanostee
  • Santa Clara
  • Santa Cruz
  • Santa Fe
  • Santa Rosa
  • Santa Teresa
  • Santo Domingo Pueblo
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  • Serafina
  • Sheep Springs
  • Shiprock
  • Silver City
  • Smith Lake
  • Socorro
  • Solano
  • Springer
  • Stanley
  • Sunland Park
  • Sunspot
  • Taiban
  • Tajique
  • Taos
  • Taos Ski Valley
  • Tatum
  • Tererro
  • Tesuque
  • Texico
  • Thoreau
  • Tierra Amarilla
  • Tijeras
  • Timberon
  • Tinnie
  • Tohatchi
  • Tome
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  • Trampas
  • Trementina
  • Tres Piedras
  • Truchas
  • Truth Or Consequences
  • Tucumcari
  • Tularosa
  • Tyrone
  • Ute Park
  • Vadito
  • Vado
  • Valdez
  • Vallecitos
  • Valmora
  • Vanderwagen
  • Vaughn
  • Veguita
  • Velarde
  • Villanueva
  • Wagon Mound
  • Waterflow
  • Watrous
  • Weed
  • White Sands Missile Range
  • Whites City
  • Willard
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  • Winston
  • Yatahey
  • Yeso
  • Youngsville
  • Zuni