CD Rates – Bank of Albuquerque New Mexico

Bank of Albuquerque is a part of BOK Financial Corporation.  BOK Financial Corporation (BOKF) is a $22 billion regional financial services company based in Tulsa, Oklahoma.  BOK Financial Corporation has full service banks located in eight states under seven bank subsidiaries, Bank of Oklahoma, Bank of Texas, Bank of Albuquerque, Bank of Arkansas, Bank of Arizona, Colorado State Bank and Trust and Bank of Kansas City.

In the third quarter of 2008 BOK Financial Corporation reported earnings of $56.7 million.  Net interest revenue had increased 18% over the third quarter of 2007.  At the end of the third quarter BOK Financial Corporation reported $1.94 billion in equity and had a Tier 1 capital ratio of 9.25%, far exceeding the 6% required to be considered well capitalized.  Tangible capital ratio ranks near the top quartile of 50 largest U.S. banks.
BOK Financial also has elected not to participate in the Treasury’s Capital Purchase Program, an element of the Troubled Asset Relief Program (TARP).  The statement by the bank was made with the conclusion that their capital strength is sufficient to support their existing structure and growth plans.

Bank of Albuquerque has a wide range of personal banking products and services for t consumers to use to manage their finances, grow their investments, and borrow for important purchases.  The bank offers everything from free checking and free internet bill pay, to money market accounts, CDs and no closing cost home equity loans.

Bank of Albuquerque certificates of deposit offer competitive returns on these FDIC insured savings products.  With Bank of Albuquerque CDs, accountholders have the interest credited to their CD or a Bank of Albuquerque checking, savings or money market account.  There is no fee to open a bank CD.

Bank CDs with Bank of Albuquerque allow accountholders to lock in higher interest rates than many other savings products with flexible terms ranging from 7 days to 7 years.  In many situations, a Bank of Albuquerque CD can be used as collateral for a Bank of Albuquerque loan as well.

The bank CDs can be opened by visiting with their 24-Hour ExpressBanker or by stop by a Bank of Albuquerque branch.

Bank of Albuquerque bank CD rates for deposits under $100,000.00.

30 day CD rate 0.15% APY
60 day CD rate 0.605 APY
90 day CD rate 0.75% APY
120 day CD rate 0.80% APY
180 day CD rate 0.90% APY
270 day CD rate 1.10% APY
One year CD rate 1.34% APY
18 month CD rate 1.60% APY
Two year CD rate 1.75% APY
Three year CD rate 2.25% APY
Four year CD rate 2.65% APY
Five year CD rate 3.00% APY
Seven year CD rate 3.80% APY

CD rates are fixed for the term of the CD.  Prior to opening the bank CDs, rates are subject to change.  For more information on savings and CD rates, a bank representative can be reached at 800-583-0709.  CD rates and additional account information can also be obtained at    www.bankofalbuquerque.com.

Tags: Bank of Albuquerque, banks, CD rates, CD rates New Mexico, New Mexico banks, one year CD rates, rates, savings

This entry was posted on Sunday, January 25th, 2009 at 7:15 pm and is filed under Bank Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.