Highest Money Market Rates in New Mexico
13 New Mexico-specific accounts
Top New Mexico Rate:3.75% APYFDIC or NCUA Insured
The New Mexico market
New Mexico accounts
13
Institutions
10
Top New Mexico APY
3.75% APY
Nationally: 4.00% APY
FDIC national average
0.63%
As of Sep 2026
13 money market accounts are open only to New Mexico residents, from 10 institutions. The highest advertised APY among them is 3.75%.
The highest nationally available rate is 4.00% APY, 25 basis points above the New Mexico leader.
11 of the 13 New Mexico money market accounts advertise more than the FDIC national average of 0.63% for money market accounts as of Sep 2026.
New Mexico-Specific Money Market Accounts
Money market accounts specifically available to New Mexico residents.
| Institution | Product / Term | APY |
|---|---|---|
| Southwest Heritage Bank | Personal PremiumPlus Money Marketneeds at least $3,000,000 | 3.75% |
| UMB Bank, National Association | UMB Retail Money Marketneeds at least $10,000 | 3.71% |
| BMO Bank | Growth Money Marketrelationship rate from $250,000 · 0.05% to 2.24% without the relationship | Up to2.76% |
| Gateway First Bank | Gateway Money Marketneeds at least $25,000 | Up to2.50% |
| The Citizens Bank of Clovis | Money Market Account (MMDA)needs at least $250,000 | Up to2.28% |
| Century Bank | Liberty Money Marketneeds at least $150,000 · needs a linked account at the bank · requires direct deposit | 2.05% |
| The First National Bank in Trinidad | Money Market Deposit Accountneeds at least $250,000 | Up to2.02% |
| WaFd Bank | High Yield Money Marketneeds at least $500,000 | Up to2.00% |
| Bank of Colorado | Money Market Accountneeds at least $3,000,000 | Up to1.76% |
| Main Bank | Money Market Account | 1.50% |
| Southwest Heritage Bank | Personal Premium Money Marketneeds at least $250,000 | Up to1.01% |
| WaFd Bank | Money Marketneeds at least $15,000 | Up to0.20% |
| Century Bank | High Performance Money Marketneeds at least $100,000 | Up to0.03% |
Nationally Available Money Market Accounts
The 8 highest-rate money market accounts available nationwide, including in New Mexico.
| Institution | Product / Term | APY |
|---|---|---|
| Bank5 Connect | Money Market Account | 4.00% |
| Climate First Bank | Impact Money Market | 3.96% |
| Prime Alliance Bank | Personal Money Market | 3.90% |
| Quontic Bank | Money Market Account | 3.90% |
| Customers Bank | Ascent Money Market Savings Account | 3.63% |
| Sallie Mae Bank | Money Market Account | 3.60% |
| FNBO Direct | Online Money Market Accountneeds at least $500,000 | Up to3.55% |
| U.S. Bank | Elite Money Marketbalances of $25,000 to $9,999,999,999.99 only | Up to3.40% |