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Bank of Albuquerque logo Bank of Albuquerque

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Albuquerque
Bank
401 Coors Blvd NW, Albuquerque, NM 87121, USA
(505) 839-6180
+1 505-839-6180
Monday: 9:00 AM – 5:00 PM,Tuesday: 9:00 AM – 5:00 PM,Wednesday: 9:00 AM – 5:00 PM,Thursday: 9:00 AM – 5:00 PM,Friday: 9:00 AM – 5:00 PM,Saturday: 9:00 AM – 12:00 PM,Sunday: Closed
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Our full-service banking center is located at the corner Coors Boulevard and Bluewater Road, across from the Valero gas station. There you will find a wide range of personal and small business services — including checking, savings, loans and digital solutions — to provide convenience for life on the go. Our relationship bankers can provide financial guidance and insight to help with your financial journey.

Why Choose Bank of Albuquerque?

Bank of Albuquerque is proud to serve the greater Albuquerque metro area by investing in the lending needs of our neighbors, supporting the local economy and assisting small businesses working toward growth and operation goals. Our focus is on you and building proactive, responsive partnerships that help you succeed. Our employees are committed to Albuquerque and will work with you by investing time to understand your needs. At the heart of it all, our community is our livelihood. For that reason, we believe in giving back every day and in many ways. Bank of Albuquerque is a division of BOK Financial (NASDAQ: BOKF), a strong and stable partner with more than $40 billion in assets and over 5,000 employees in 10 states, with services throughout the nation.

We offer financing for the construction, renovation and preservation of affordable housing. We also finance activities that promote economic development or that revitalize or stabilize low to moderate income or distressed communities, in addition to communities that have been designated as disaster areas. These loans are available to investors and developers of affordable housing in the low- and moderate-income neighborhoods where we do business.

  • Construction Financing: We provide construction and permanent financing projects that target affordable housing to those who earn less than 80% of the area-median income.
  • Tax Credit Projects: Construction, interim, permanent, bridge financing and equity investments for development of tax credit-eligible housing.
  • Federal Home Loan Bank Affordable Housing Program Subsidy: The Federal Home Loan Banks' Affordable Housing Programs (AHPs) provide developers and their non-profit/public agency partners with gap financing (in the form of direct subsidies or subsidized advances) for affordable multi-family and single-family projects.

Program Requirements:

  • AHP funds are awarded through an annual application round. A project sponsor may receive a subsidy from a Federal Home Loan Bank if the project:
  • Targets low- and very-low-income households (minimum 20% of units at or below 50% AMI; preferably 60% at 50%)
  • Is financially feasible and demonstrates a need for the AHP subsidy
  • Enhances the community
  • Includes economic-empowerment services

Not-For-Profit Lending: We provide financing for community-based, not-for-profit organizations in human and social services and special needs populations, as well as houses of worship.

We offer the following types of financing:

  • Project Finance: Finance acquisition, construction and commercial mortgages, program facilities, special needs housing and other projects.
  • Houses Of Worship: A program to finance improvements to sacred space of existing congregations in low- or moderate-income areas.

Credit is subject to approval. Normal credit standards apply. Programs, rates, terms and conditions are subject to change without notice.

 

BOKF Community Development Fund invests in funds that provide intermediary financing to businesses that have historically not been able to readily access the capital markets therefore providing capital for small businesses to grow and succeed.

We invest in the following type of community development funds:

  • Funds that focus on low- and moderate-income individuals and geographies or that promote other economic development initiatives such as New Market Tax Credit funds
  • Funds that have been licensed as Small Business Investment Companies (SBICs)

Community Development Financial Institution (CDFIs): By investing in CDFIs, we support neighborhood-based, for-profit and nonprofit financial institutions that provide critical capital and financial services to underserved communities.

Low Income Housing Tax Credit Investments (LIHTCs): We are an equity investor in rental housing for low- and moderate-income individuals and families. By investing in Low Income Housing Tax Credit projects, the bank can invest in affordable housing initiatives that have sustainable impact in our communities where we do business.

Grants and Contributions: Colorado State Bank and Trust provides financial assistance to help fund many organizations that administer community service programs to low- and moderate-income individuals, revitalize and stabilize low- and moderate-income areas, provide homebuyer and financial education, as well as many other services that help to strengthen the communities in which we serve.

 

Sometimes the best gift we can give is our time and our talent. By lending our expertise, we empower our community partners to develop meaningful business strategies, effective fund-raising initiatives, sound financial planning and more. The skills of our employees are as diverse as they are remarkable, and there is no limit to the results we can deliver to our community.

Through Learn for Life, our financial education program, we engage our employees to promote basic financial skills to better prepare local children to lead successful and productive lives.

Some of our areas of volunteer expertise:

  • Nonprofit Board and Committee Service
  • Philanthropic Strategic Planning
  • Financial Education
  • Tax Preparation
  • General Volunteering and Nonprofit Support

 

 

Bank of Albuquerque. Long Live Your Money.

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Frequently Asked Questions about Bank of Albuquerque

Q: Where is Bank of Albuquerque?

A: Bank of Albuquerque is located at: 401 Coors Blvd NW, Albuquerque, NM 87121, USA, United States


Q: What are the coordinates of the Bank of Albuquerque?

A: Latitude: 35.086676, Longitude: -106.711831


Q: How is Bank of Albuquerque rated?

A: Bank of Albuquerque has not rated yet on addressschool.com


Q: What days are Bank of Albuquerque open?

A: Bank of Albuquerque is open on Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday


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