New Mexico Bank & Trust Salary

As of August 2026, the average annual salary for employees at New Mexico Bank & Trust in the United States is $90,449. This translates to an approximate hourly wage of $43. Salaries at New Mexico Bank & Trust typically range from $79,274 to $102,612 annually, reflecting the diverse roles and experience levels within the company.

How Much Does New Mexico Bank & Trust Pay for Different Roles?

Explore detailed salary information for specific jobs at New Mexico Bank & Trust. Based on our data, the highest paying job is the Vice President-Business Development Officer, with an annual salary of $272,987. The table below outlines the annual salary ranges for most popular roles within the company.
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Is New Mexico Bank & Trust’s Pay Competitive? Salary Benchmarking Analysis

How does New Mexico Bank & Trust's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Pathfinder Bancorp Inc $95,660
+5.8%
Driven by niche technical certifications required for Pathfinder Bancorp Inc's specialized projects.
Rescap Securities Holdings Co $91,314
+1.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
National City Bank $110,364
+22.0%
Data suggests National City Bank's workforce skews heavily towards veteran, high-tenure roles.
US Bank Trust Company, National Association $98,571
+9.0%
Reflects a supply-demand imbalance for the specific talent US Bank Trust Company, National Association targets.
Financial Services Industry $121,514
+34.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at New Mexico Bank & Trust

Considering a career at New Mexico Bank & Trust? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
This discipline saves countless hours. The company’s focus on employee development and ethical financial practices sets it apart. Communication is formal but reliable. I’ve gained deep insight into financial products and market trends.
The onboarding process was smooth, and mentorship programs helped me adapt quickly. Natural light floods the workspace. Management leads by example, emphasizing long-term relationships over short-term gains. Flexible work options help balance personal and professional life. The company values integrity and ethical practices, which reflects in every decision. Benefits are competitive, but work can ...
Most coworkers are friendly but focused on their own tasks. What stands out is how the organization maintains its core values while adapting to industry evolution. Leadership communicates a clear vision, ensuring everyone is aligned with company goals.

New Mexico Bank & Trust Overview

Website
www.nmb-t.com
Founded In
1998
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
320 Gold Ave SW Albuquerque New Mexico NM 87102
Revenue
$10 Million - $50 Million
Phone Number
+1 5058308100
Social Media
About New Mexico Bank & Trust
New Mexico Bank & Trust is a financial services provider and is headquartered of Albuquerque, New Mexico.

What Benefits Does New Mexico Bank & Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. New Mexico Bank & Trust offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Albuquerque?

Understanding the cost of living near Albuquerque is key to truly evaluating a salary offer or your current compensation at New Mexico Bank & Trust.
Albuquerque's Cost of Living Index is approximately 91.1 (8.9% less expensive than US average; 2.7% less than NM average). Largest NM city, unique culture, affordable housing. ABQ RIDE, Rail Runner. When planning your budget based on a salary from New Mexico Bank & Trust, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of New Mexico Bank & Trust salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (ABQ RIDE monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,220 - $3,530+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of New Mexico Bank & Trust

1. How much does New Mexico Bank & Trust in the United States pay?

New Mexico Bank & Trust pays its employees an average of $90,449 per year. The average salary at New Mexico Bank & Trust range from $79,274 to $102,612 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do New Mexico Bank & Trust employees get a higher salary than its peer company?

The salary at New Mexico Bank & Trust is lesser than its peer company. The average annual salary at New Mexico Bank & Trust is $90,449, or an hourly wage of $43, in comparison to Pathfinder Bancorp Inc which pays $95,660 per year or $46 per hour.

3. What are the highest paying jobs at New Mexico Bank & Trust?

The higher-paying job at New Mexico Bank & Trust, according to our data, include Vice President-Business Development Officer (avg. $272,987 per year), Vice President & Business Development Officer (avg. $272,987 per year), and Vice President Business Development Officer (avg. $272,987 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at New Mexico Bank & Trust?

Salary progression with years of experience at New Mexico Bank & Trust is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at New Mexico Bank & Trust vary by office location?

Yes, it's very likely that salaries at New Mexico Bank & Trust vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Albuquerque section provides more context.

6. Does New Mexico Bank & Trust offer good benefits?

New Mexico Bank & Trust typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at New Mexico Bank & Trust" section on this page.