New Mexico Bank & Trust

Learn more about New Mexico Bank & Trust, a high transaction volume bank. Includes checking account details, customer reviews, and frequently asked questions.

Updated on June 22nd, 2020

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New Mexico Bank & Trust is a local bank, owned by the parent company Heartland Financial USA, Inc., that focuses on creating strong customer financial relationships. New Mexico Bank & Trust has 17 branches across New Mexico and offers a focused checking account for small businesses with high transaction volumes.

Small Business Checking Account Details:

Minimum Deposit to Open

$100

Monthly Service Fee

$5

Average Daily Balance to Avoid Service Fee

$1,500

Free Monthly Transactions

100 plus up to $10,000 cash processing

Business Analysis Checking Account Details:

Minimum Deposit to Open

$100

Monthly Service Fees

$15

Earnings Credit Available?

Yes

Free Monthly Transactions

Depends on earnings credit.

New Mexico Bank & Trust
Review:

Pros: Low monthly service fees that are easy to avoid. Free online and mobile banking.

Cons: Low number of branches that are mostly in Albuquerque and Sante Fe. Only serves New Mexico.

Bottomline: New Mexico Bank & Trust is geared toward New Mexico small businesses with high transaction volumes.

Key Information:

Legal Name

Heartland Financial USA, Inc.

Founding Date

Jan 01, 1998

Address

320 Gold Ave SW, Suite 100, Albuquerque, New Mexico

Number of Employees

115

Number of Customers

99

Email

banker@nmb-t.com

Telephone

1 (877) 280-1856

Website

https://www.nmb-t.com/

FAQs:

What is New Mexico Bank & Trust's routing number?

New Mexico Bank & Trust's routing number is 107006541.

Where can I find a New Mexico Bank & Trust branch?

  • Albuquerque – 6 branches.
  • Rio Rancho – 2 branches.
  • Los Lunas – 1 branch.
  • Sante Fe – 2 branches.
  • Los Alamos – 1 branch.
  • Espanola – 1 branch.
  • Tierra Amarilla – 1 branch.
  • Portales – 1 branch.
  • Clovis – 2 branches.

What are some New Mexico Bank & Trust alternatives?