Your financial success story starts here

At Nusenda Credit Union, we can help you reach your short- and long-term financial goals, no matter where you are in your journey. Whether you are looking for flexible savings options like a money market account or a secure way to grow your money through guaranteed returns, like a share certificate, we’ve got you covered. Whether you’re saving for a special life event, planning for retirement, to need to find an affordable auto loan —we have the products and resources to help you feel confident about your future and take care of what you value most.

Earn dividends on balances of $100 or more

Dividends are compounded daily and paid monthly. 

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Download the Nusenda app to enroll in Mobile and Internet Banking!

Easily access and manage your funds and more with our mobile banking app.

Overdraft_Protection

Overdraft Protection

Use your savings account to protect your checking account from unexpected slip-ups with Overdraft Protection.

Open a savings account online today

It's quick and easy to open your new savings account. You can visit a nearby branch or call 505-889-7755 (1-800-347-2838 outside the Albuquerque area) and open an account today.

Compare Savings Options

Regular Savings

Up to {{RATE}} APY

Your path to financial success starts here. Great for your short- or long-term financial goals.


Earnings potential

Basic savings typically earns less than money markets or share certificates. Higher rates earned on balances above $100.

Minimum Opening Deposit

$5

Fees

No fees

Deposits

Funds can be added at any time.

Withdrawals

Funds can be withdrawn at any time and can be used for Overdraft Protection.

Dividends Compounded

Daily

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Money Market

Up to {{RATE}} APY

Easy access to funds with higher dividends and no early withdrawal penalties.


Earnings potential

Higher savings that typically earn more than a regular savings account, but less than a share certificate account. Earn higher interest and start earning dividends once your balance reaches $2,500 or more.

Minimum Opening Deposit

$1,000

Fees

If the account falls below an average monthly balance of $2,500 there is a minimum balance fee of $7.50.

Deposits

Funds can be added at any time.

Withdrawals

Funds can be withdrawn at any time.

Dividends Compounded

Daily

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Share Certificate

Up to {{RATE}} APY

Fixed rate savings account that compounds interest monthly for a set term.


Earnings potential

Highest savings potential that typically earns more than a regular savings account or a money market account. Typically, the longer the term, the higher the return.

Minimum Opening Deposit

$500-$1,000 (varies on type of certificate)

Fees

Early withdrawal of principal (funds deposited) will incur a penalty.

Deposits

Funds can only be added at the time of opening.

Withdrawals

Funds can be withdrawn at the end of the selected term.

Dividends Compounded

Monthly

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How to Calculate Interest on Savings

With a savings account, your money grows over time based on how much you save each month, the interest rate on the account, and how long you save.

This savings calculator is designed to illustrate how your savings will grow using compound interest, which is the most common type of interest for savings accounts. The interest in this calculator is compounded monthly.

  1. Enter how much your initial deposit will be or how much you currently have in savings as the Starting Amount.
  2. Move the Monthly Savings slider to the amount you plan to contribute each month.
  3. Adjust the Interest Rate slider to the interest rate on your savings account.
  4. Finally, move the Years to Save slider to see how much you can save over time if you keep saving the same amount each month.

How to calculate compound interest


Disclaimer:

While we hope you find this content useful, it is only intended to serve as a starting point. Your next step is to speak with a qualified, licensed professional who can provide advice tailored to your individual circumstances. Nothing in this article, nor in any associated resources, should be construed as financial or legal advice. Furthermore, while we have made good faith efforts to ensure that the information presented was correct as of the date the content was prepared, we are unable to guarantee that it remains accurate today.

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