Building stronger financial futures for New Mexico residents.
14% Underbanked Households Nationwide
12% Native households, 10% Hispanic / Latinx households, 9% Black households, 5% Other households, 2% Asian and 2% White households
17% Underbanked New Mexico Households
These accounts do not allow overdraft or non-sufficient funds fees, so you’ll never be hit with a surprise fee.
Certified accounts are $5 or less per month, with no unpredictable fees.
Certified accounts always allow free deposits, free withdrawals, and free bill payments.
A key requirement for economic prosperity is access to a safe and affordable transactional financial account. Prosperity Works has supported thousands of New Mexicans to access financial accounts to build assets over the past 20 years. We are very excited to expand our asset building work through the development of the Bank On New Mexico Coalition.”Ann Lyn Hall, Chief Executive Officer of Prosperity Works
Asset Funders Network (AFN)
Bank On Burque – City of Albuquerque
CNM Ingenuity, Inc.
Credit Union Association of New Mexico (CUANM)
Diersen Charities
Enlace Comunitario
First Convenience Bank, a division of First National Bank Texas
Future Focused Education
Guadalupe Credit Union
New Mexico Bank & Trust
New Mexico Immigrant Law Center (NMILC)
New Mexico State Treasurer’s Office
Nusenda Credit Union
Tax Help NM – United Way of North Central New Mexico
United Way of Southwest New Mexico
U.S. Bank
Wells Fargo Bank
WESST
Working Classroom
Youth Development Inc. (YDI)
New Mexico ranks third on the top 10 worst states for banking access
New Mexico ranks third on list of top 10 worst states for banking access. Read in the ABQ Journal here.
Prosperity Works Awarded Fellowship to Expand New Mexico Banking Access
Press release announcing Bank On Fellowship award to Prosperity Works. Read the full press release here.
Overdraft fees add up to $36 burgers?!
The impact of overdraft fees on vulnerable populations. Read more in the ABQ Journal.