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Your business deserves a Best Bank

Find a partner in WaFd Bank

Your Business Bank in New Mexico

WaFd Bank has won Best Bank awards in both the Regional Bank and Employer categories every year since 2017, so you know you'll have a great partner to help you grow your business. Wherever your business is located in the state of New Mexico, WaFd is there for you. With branches from Farmington to Silver City, Hobbs to Clovis and just about everywhere in between, you'll be able to get your banking done and get back to running your business.

A WaFd Bank employee with red hair smiles and talks to a customer in a work jacket at a modern branch counter.

Get everything you need for your business from a Best Bank

  • Personalized service from local bankers
  • Checking and savings accounts
  • Loans and lines of credit
  • SBA lending options
  • Merchant services
  • Cash management tools
WaFd Bank Regional President, Joshua Smith

At WaFd Bank, we're proud to serve communities across the great state of New Mexico. Whether you're in Silver City, Chama, Las Cruces, Santa Fe, Albuquerque, or one of our other 9 locations spanning nearly every corner of the state, you'll find a local banker whose top priority is helping you, your business, and your community thrive.

Looking for a bank with a true local presence? Reach out to your nearest branch today.”

Joshua Smith, Regional President

Compare business checking accounts
*Free Business Checking
Open an AccountView details*Nonsufficient funds charge may apply.
Business Interest Checking
Business Premier Checking
Business Analyzed Checking
Only $100 initial deposit
Earns interest
Monthly fee
$0
$15 when balance falls below $5,000
$75
Varies, cost is based on transaction volume, offset by account balance

QuickBooks® compatible

Mobile and Online Banking, online check images, and eStatements

Digital payment options: eACH, eWire, remote deposit capture

Optional Overdraft Protection services

Fraud Prevention services add-on: positive pay for check and ACH

Debit cards for signers and non-signers

Tailored to your business needs
Find everything you need to grow your business with WaFd Bank
A smiling man with an afro hangs an "OPEN" sign on the glass door of his business.

SBA LOANS

Get fast approvals and expert local guidance to help grow your business

  • WaFd Bank is an SBA Preferred Lender
  • Access the capital you need through an SBA 7(a) Loan, SBA 504 Loan, or Express Lines of Credits

*Loans subject to approval.

A smiling woman holds a WaFd Bank credit card while working on a laptop in a bright indoor office.

CREDIT CARDS

Flexibility designed for your success

  • Designed for business owners
  • Flexible and convenient
  • Manage expenses and authorized user spend with ease
  • Cashback rewards
A smiling woman with short gray hair and a dark blue shirt stands with her arms crossed in a bright, modern indoor office space.

LOANS & LINES OF CREDIT

Get the funding you need to support cash flow, working capital, or other needs

  • SBA Loans and Lines of Credit
  • Business Loans and Lines of Credit
  • Business Credit Cards

Subject to credit approval.

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MERCHANT SERVICES

Spend less time on administrative tasks with Merchant Services

  • Manage HR and payroll with ease
  • Point of sale and inventory systems to help you stay on top of things
  • Accept payments multiple ways so your customers pay the way they want to
Customer smiling while making a mobile payment with her smartphone at a restaurant table.

PAYMENT PROCESSING SERVICES

Accept payments anywhere with the most up-to-date technology

  • Terminal payments (card present)
  • E-commerce (card not present)
  • Industry-leading security
  • Solutions for platforms and developers
Two smiling professionals, a man and a woman, look at a tablet and a phone while standing in a busy, modern office.

CASH MANAGEMENT

Gain more and seize growth opportunities to scale up

  • See all bank and credit card activity in one place
  • Track profitability in real time
  • Visualize business cash flow with projections to plan for seasonality
Connect with Us

Our knowledgeable and experienced bankers are ready to help.

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Trusted Partners

Testimonials from our business clients.

RETAIL

Definitely have a bank partner in our corner, 100%.”

Daniel Goodwin
Owner, Apex 3D Hunting Supply

NON-PROFIT

It has just been a really wonderful experience. So much so that we are actually in the process of transitioning almost all of our banking as a non-profit agency to WaFd Bank.”

Crystal Hovath
Executive Director, Bonner Community Housing Agency

RETAIL

It's an incredible relationship! I've never seen it in banking, and that's why we stick with WaFd Bank!”

Jackie Sorkin
Candified Business Owner

Frequently Asked Questions