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Banks in New Mexico
The 29 FDIC-insured banks headquartered in New Mexico, their bank failures since 1934 and the largest credit unions. From the FDIC and the NCUA; quarter ending Jun 30, 2026.
- Banks headquartered here
- 29
- Their assets
- $16.4B
- Their deposits
- $14.3B
- Failures since 2000
- 3
- Credit unions
- 37
Every bank headquartered in New Mexico
Ranked by total assets, quarter ending Jun 30, 2026. Banks based elsewhere with branches here are not included.
| # | Bank | Holding company | Assets | Deposits | Equity | Net income, year to date | ROA | ROE | CET1 ratio | Uninsured deposits | Offices |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | First American BankArtesia, NM | First Artesia Bancshares Inc | $1.9B | $1.6B | $191.0M | $27.4M | 2.89% | 28.44% | 17.9% | 39% | 21 |
| 2 | Century BankSanta Fe, NM | Century Finl Services Corp | $1.4B | $1.2B | $119.6M | $6.4M | 0.95% | 10.84% | 12.9% | 34% | 9 |
| 3 | InBankRaton, NM | Inbankshares Corp | $1.4B | $1.1B | $170.9M | $7.4M | 1.08% | 8.88% | 14.1% | 40% | 16 |
| 4 | Citizens Bank of Las CrucesLas Cruces, NM | Amador Bancshares Inc | $1.2B | $1.0B | $116.7M | $13.1M | 2.25% | 22.88% | 12.2% | 36% | 9 |
| 5 | Pioneer BankRoswell, NM | Pioneer Bcorp Inc | $1.1B | $850.8M | $116.2M | $14.3M | 2.58% | 25.14% | 17.5% | 19% | 11 |
| 6 | CNB BankCarlsbad, NM | Carlsbad Bcorp Inc | $1.1B | $969.7M | $92.7M | $10.9M | 2.16% | 24.25% | – | 42% | 3 |
| 7 | Western Commerce BankCarlsbad, NM | Western Com Bancshares Carlsbad | $863.5M | $779.5M | $82.4M | $14.1M | 3.21% | 34.00% | 21.0% | 66% | 12 |
| 8 | The Citizens BankFarmington, NM | Citizens BK Employee STK Ownership&retirement SVG Plan | $804.3M | $697.5M | $40.8M | $8.1M | 2.06% | 38.48% | 17.6% | 30% | 6 |
| 9 | Lea County State BankHobbs, NM | Lea County Bancshares Inc | $738.3M | $662.4M | $57.8M | $5.7M | 1.58% | 20.47% | 20.3% | 32% | 3 |
| 10 | Four Corners Community BankFarmington, NM | Mesa West Bcorp | $662.3M | $569.1M | $57.3M | $6.6M | 2.06% | 23.29% | – | 33% | 6 |
| 11 | The Citizens Bank of ClovisClovis, NM | CBC Inc | $493.1M | $439.9M | $33.7M | $3.5M | 1.38% | 20.13% | – | 37% | 5 |
| 12 | Southwest Capital BankAlbuquerque, NM | Las Vegas Bcorp Inc | $482.9M | $432.3M | $47.3M | $2.9M | 1.23% | 12.62% | 15.7% | 44% | 6 |
| 13 | First National BankAlamogordo, NM | First Alamogordo Bcorp NV Inc | $452.8M | $425.4M | $25.4M | $2.5M | 1.08% | 19.39% | – | 36% | 6 |
| 14 | The James Polk Stone Community BankPortales, NM | James Polk Stone Cmty Bancshares | $443.8M | $379.3M | $36.0M | $4.6M | 2.08% | 26.35% | – | 52% | 8 |
| 15 | The Bank of ClovisClovis, NM | Clovis Bancshares Inc | $438.4M | $367.3M | $44.2M | $2.9M | 1.27% | 13.03% | 21.7% | 39% | 7 |
| 16 | Centinel Bank of TaosTaos, NM | Centinel Bank Shares Inc | $424.8M | $387.6M | $33.1M | $4.4M | 2.10% | 26.32% | 22.7% | 39% | 2 |
| 17 | Western BankArtesia, NM | Western Bancshares of Nm,inc | $350.5M | $313.2M | $33.2M | $4.5M | 2.80% | 28.45% | 15.8% | 63% | 1 |
| 18 | Western BankLordsburg, NM | Lordsburg Financial Corp | $325.9M | $285.7M | $36.6M | $3.2M | 1.94% | 17.47% | 33.0% | 37% | 5 |
| 19 | Valley Bank of CommerceRoswell, NM | Commerce Bancshares Roswell Employee STK Ownership Plan | $304.1M | $260.2M | $43.5M | $5.3M | 3.53% | 24.76% | 21.7% | 57% | 3 |
| 20 | Community 1st Bank Las VegasLas Vegas, NM | FNB Financial Corp | $293.9M | $265.8M | $27.0M | $3.1M | 2.12% | 23.81% | 21.9% | 40% | 4 |
| 21 | First New Mexico BankDeming, NM | First NM Financial Corp | $275.1M | $230.9M | $40.3M | $2.3M | 1.67% | 11.57% | – | 36% | 3 |
| 22 | Main BankAlbuquerque, NM | Main Banc Inc | $245.2M | $211.4M | $28.8M | $2.6M | 2.10% | 18.41% | 14.8% | 33% | 1 |
| 23 | First State BankSocorro, NM | BBS Corp | $188.0M | $160.5M | $26.8M | $979.0K | 1.01% | 7.45% | 57.4% | 51% | 4 |
| 24 | Bank of the SouthwestRoswell, NM | New Mexico Natl Finl Inc | $176.3M | $159.0M | $17.0M | $951.0K | 1.07% | 11.14% | 15.0% | 30% | 13 |
| 25 | First New Mexico Bank, Las CrucesLas Cruces, NM | First NM Financial Corp | $171.9M | $146.1M | $22.2M | $1.6M | 1.83% | 14.24% | – | 29% | 3 |
| 26 | American Heritage BankClovis, NM | Ahb Bancshares Inc | $153.2M | $137.2M | $15.0M | $1.4M | 1.85% | 18.42% | 18.6% | 26% | 2 |
| 27 | First New Mexico Bank of Silver CitySilver City, NM | First NM Financial Corp | $147.5M | $123.8M | $21.1M | $1.4M | 1.91% | 13.72% | – | 18% | 4 |
| 28 | Tucumcari Federal Savings and Loan AssociationTucumcari, NM | – | $38.4M | $29.2M | $5.8M | $17.0K | 0.09% | 0.59% | – | 13% | 1 |
| 29 | DSRM National BankAlbuquerque, NM | – | $4.4M | $500.0K | $3.7M | $63.0K | 2.84% | 3.40% | 128.7% | 50% | 1 |
Source: FDIC BankFind Suite. Assets, deposits and equity at the end of the latest quarter; net income is year to date. ROA and ROE are annualized returns on assets and equity. CET1 is common equity tier 1 capital as a share of risk-weighted assets. CET1 is blank for banks that do not report it (many small banks use the simpler community bank leverage ratio). Uninsured deposits is the bank's own estimate of the share of deposits above the insurance limit.
Bank failures in New Mexico
32 since 1934; the latest 25.
| Date | Bank | State | Assets | Deposits | Cost to the fund | Acquirer | Resolution |
|---|---|---|---|---|---|---|---|
| Jan 28, 2011 | First Community BankTaos, NM | NM | $2.2B | $1.8B | $230.7M | U.s. Bank, National Association | Purchase and assumption |
| Jun 25, 2010 | High Desert State BankAlbuquerque, NM | NM | $80.3M | $81.0M | $28.4M | First American Bank | Purchase and assumption |
| Jan 22, 2010 | Charter BankSanta Fe, NM | NM | $1.2B | $859.9M | $127.2M | Charter Bank | Purchase and assumption |
| Apr 23, 1999 | Zia New Mexico BankTucumcari, NM | NM | $17.3M | $16.7M | $2.2M | First National Bank of New | Purchase and assumption |
| May 23, 1991 | Liberty National BankLovington, NM | NM | $51.4M | $51.6M | $3.9M | Western Commerce Bank | Purchase and assumption |
| May 3, 1991 | Security FS & La of AlbuquerqueAlbuquerque, NM | NM | $261.7M | $193.4M | $29.4M | Branch Sale | Purchase and assumption, insured deposits |
| Feb 21, 1991 | Southwest National BankAlbuquerque, NM | NM | $37.2M | $36.5M | $4.7M | The Bank of New Mexico, SPR | Purchase and assumption |
| Jan 22, 1991 | American Bank, National AssociationRio Rancho, NM | NM | $20.7M | $23.3M | $10.9M | United New Mexico Bank at A | Insured deposit transfer |
| Nov 16, 1990 | First Federal Savings Assoc.Las Vegas, NM | NM | $55.4M | $41.4M | $14.4M | Bank of Nm, & Las Vegas | Purchase and assumption |
| Aug 31, 1990 | First American Savings Bank, FSBSanta Fe, NM | NM | $123.6M | $108.9M | $57.4M | Payout | Payout |
| May 4, 1990 | Security Federal Savings BankCarlsbad, NM | NM | $26.9M | $34.2M | $15.5M | Western Commerce Bank | Insured deposit transfer |
| Feb 23, 1990 | The Red River BankRed River, NM | NM | $6.5M | $6.5M | $2.1M | Centinel Bank of Taos | Purchase and assumption |
| Feb 23, 1990 | The Bank of RuidosoRuidoso, NM | NM | $27.8M | $26.5M | $12.7M | United New Mexico Bank at A | Purchase and assumption |
| Feb 9, 1990 | Abq Bank, A FSBAlbuquerque, NM | NM | $2.0B | $1.5B | $434.1M | Bank of America Nm, NA | Purchase and assumption |
| Dec 21, 1989 | Silver Savings Assoc.Silver City, NM | NM | $32.2M | $27.7M | $7.3M | First New Mexico Bank | Insured deposit transfer |
| Jul 20, 1989 | New Mexico FsaAlbuquerque, NM | NM | $240.7M | $194.0M | $48.2M | First NB in Albuquerque | Purchase and assumption |
| Mar 9, 1989 | Sun Country SB of New MexicoAlbuquerque, NM | NM | $66.5M | $76.7M | $54.6M | Payout | Payout |
| Mar 9, 1989 | American FS & LaAlbuquerque, NM | NM | $188.9M | $151.1M | $52.9M | First NB in Albuquerque | Purchase and assumption |
| Mar 9, 1989 | Valley Federal SavingsRoswell, NM | NM | $180.6M | $263.8M | $161.1M | Payout | Payout |
| Feb 10, 1989 | Sandia FS & LaAlbuquerque, NM | NM | $747.1M | $1.1B | $1.1B | Branch Sale | Purchase and assumption |
| Oct 7, 1988 | Liberty FSBRaton, NM | NM | $130.4M | $137.8M | $104.6M | – | Payout |
| Apr 20, 1988 | Bank of Santa FeSanta Fe, NM | NM | $95.6M | $91.5M | $22.0M | Bank of Santa Fe | Open-bank assistanceAssistance |
| Sep 11, 1986 | De Vargas S&LA BankSanta Fe, NM | NM | $19.1M | $16.5M | $3.4M | Charter Bank for Savings FS | Open-bank assistanceAssistance |
| Jul 17, 1986 | New Mexico National BankAlbuquerque, NM | NM | $159.3M | $149.2M | $34.3M | First Intrst BK Albuquer | Purchase and assumption |
| Apr 3, 1986 | Eddy County National BankCarlsbad, NM | NM | $30.4M | $26.5M | $10.9M | United NM Bank at Carlsb | Purchase and assumption |
Source: FDIC BankFind Suite. Cost to the fund is the FDIC's estimated loss to the deposit insurance fund (earlier funds for older failures). Assets and deposits as of the last report before failure. Assistance transactions kept the bank open with FDIC help.
The largest credit unions in New Mexico
37 credit unions; the largest 25 by assets.
| # | Credit union | Charter | Assets | Members | Loans | Shares and deposits | Net worth ratio | Net income, year to date |
|---|---|---|---|---|---|---|---|---|
| 1 | NusendaAlbuquerque, NM | Federal | $5.0B | 299,021 | $3.4B | $4.4B | 9.03% | $19.2M |
| 2 | SunwardAlbuquerque, NM | Federal | $4.6B | 175,688 | $3.2B | $3.5B | 8.91% | $8.5M |
| 3 | Del NorteSanta Fe, NM | State | $1.5B | 68,538 | $1.0B | $1.3B | 9.43% | $5.9M |
| 4 | U.s. EagleAlbuquerque, NM | Federal | $1.5B | 98,817 | $1.1B | $1.3B | 7.80% | −$10.0M |
| 5 | Sandia AreaAlbuquerque, NM | Federal | $1.4B | 71,392 | $1.2B | $1.3B | 11.44% | $8.6M |
| 6 | State EmployeesSanta Fe, NM | State | $1.3B | 56,434 | $949.2M | $1.1B | 11.38% | $5.9M |
| 7 | First FinancialAlbuquerque, NM | State | $1.1B | 100,171 | $751.4M | $1.0B | 8.01% | $1.6M |
| 8 | KirtlandAlbuquerque, NM | Federal | $1.1B | 50,805 | $724.5M | $962.2M | 12.40% | $3.0M |
| 9 | Rio GrandeAlbuquerque, NM | State | $666.0M | 51,348 | $430.6M | $606.0M | 9.06% | $1.6M |
| 10 | OteroAlamogordo, NM | Federal | $535.3M | 33,764 | $250.4M | $450.7M | 15.54% | $4.6M |
| 11 | White SandsLas Cruces, NM | Federal | $413.8M | 27,299 | $207.8M | $357.1M | 13.17% | $2.1M |
| 12 | GuadalupeSanta Fe, NM | State | $348.2M | 31,883 | $213.0M | $299.9M | 12.51% | $1.8M |
| 13 | ZiaLos Alamos, NM | State | $308.1M | 14,545 | $219.9M | $246.7M | 10.35% | $699.2K |
| 14 | ArtesiaArtesia, NM | State | $172.7M | 9,911 | $115.1M | $144.0M | 16.12% | $1.1M |
| 15 | EstacadoHobbs, NM | Federal | $120.0M | 8,966 | $76.8M | $102.4M | 14.05% | $1.1M |
| 16 | CannonClovis, NM | Federal | $101.7M | 9,181 | $47.8M | $87.5M | 13.68% | $466.5K |
| 17 | Railroad EmployeesBelen, NM | State | $79.9M | 3,703 | $49.4M | $70.5M | 10.79% | $461.4K |
| 18 | Financial SecurityCarlsbad, NM | State | $63.6M | 5,114 | $47.0M | $52.8M | 16.62% | $303.8K |
| 19 | EddyCarlsbad, NM | Federal | $61.8M | 5,035 | $45.3M | $50.0M | 18.34% | −$1.3K |
| 20 | LocoAlamogordo, NM | State | $60.8M | 4,167 | $24.1M | $52.3M | 12.95% | −$121.8K |
| 21 | Roswell CommunityRoswell, NM | Federal | $50.3M | 3,474 | $34.8M | $39.9M | 16.82% | $650.1K |
| 22 | Everyone'sTucumcari, NM | Federal | $46.5M | 4,538 | $27.3M | $38.7M | 14.17% | $156.1K |
| 23 | Northern New Mexico School EmployeeSanta Fe, NM | Federal | $44.5M | 1,617 | $11.6M | $37.9M | 12.48% | $219.6K |
| 24 | Chaves County School EmployeesRoswell, NM | State | $40.1M | 2,418 | $11.8M | $31.6M | 20.88% | $436.9K |
| 25 | QuestaQuesta, NM | State | $32.6M | 2,129 | $19.6M | $23.7M | 23.28% | $522.1K |
Source: NCUA credit union call report data, quarter ending Jun 30, 2026. Names as filed (the NCUA abbreviates them, usually without "Federal Credit Union"). Net income is year to date. The net worth ratio is net worth as a share of assets; 7% or more is "well capitalized".