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Business Savings & CDs

A better way to invest in the future of your business

We know that in business, the future is always uncertain. We want to help you save so you can grow with confidence. LANB pays one of the highest interest rates in New Mexico on a business savings account.

Choose how to save

  • Best if you want:

    Best if you want:

  • Minimum balance

    Minimum balance

  • Interest rate

    Interest rate

  • Access to funds

    Access to funds

BUSINESS SAVINGS ACCOUNT

  • Best if you want:

    A simple savings option to help you start planning for the future of your business.

  • Minimum balance

    No minimum balance

  • Interest rate

    One fixed rate (see rates)

  • Access to funds

    Up to six withdrawals per month

BUSINESS MONEY MARKET ACCOUNT

  • Best if you want:

    A safe and accessible way for your business to save, with interest rates that grow as your balance grows.

  • Minimum balance

    Minimum balance of $1,000 required to avoid a $5 monthly service charge

  • Interest rate

    Rates increase with a higher balance (see rates)

  • Access to funds

    Up to six withdrawals per month

BUSINESS CERTIFICATES OF DEPOSIT

  • Best if you want:

    A higher interest savings option that puts your money to work for your business.

  • Minimum balance

    Minimum of $500 required to open the account

  • Interest rate

    Rates increase with a longer term (see rates)

  • Access to funds

    Terms range from 90 days to 60 months

I have a business account with LANB and I love how friendly everyone is here. Everything is so convenient and the staff has been super helpful compared to other banks I’ve done business with.

— Paul T., Customer

Enroll in eStatements

More secure, always available, and eco-friendly, eStatements are a great choice for both you and the environment.

To sign up for eStatements, log in to Business eBanking and click on the Reports tab. Select the menu option for Statements & documents.

We’re here to help

Checking and savings go hand in hand. Do you have a LANB business checking account? We’re here to help you with all your business banking needs.

Learn more about our business checking account

The minimum requirement to open a CD $500.

Yes, a penalty will be charged when making an early withdrawal on a business CD. See the rate schedule for more information.

There is a limit of six withdrawals from a business savings account per monthly statement cycle.

Stop by your nearest office to open your LANB savings account, money market account, or Certificate of Deposit.

Find a location near you
Contact us today
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Disclosures

Important Notice: Federal Regulation D limits checks and telephone, online, overdraft, and preauthorized transfers (including POS purchases, automatic and wire transfers) to six per statement period, with a maximum of three withdrawals by check, draft, POS or similar order.

Programs, rates, terms and conditions are subject to change without notice.

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