Interest Checking

New Mexico

Opening Deposit

$100 minimum

Eligibility

Sole proprietors
Nonprofit organizations
Public funds

Transaction limitations

Unlimited

Interest

Earned at a tiered rate and credited monthly

Service Charges

Average daily Collected Balance less $5,000

$10.00 per month

Charge per deposited item after 50 deposited items per month

Drawn on Compass: $0.08/item,
Local and Clearinghouse: $0.09/item,
Non-Local and Other Federal: $0.10/item

Charge per debit after 50 debits per month

$0.30

Deposit Credits

No charge

Returned Cancelled Checks

$5.00

Effective 1/1/2006