Banks in Otero County, New Mexico
12 active bank branches operated by 8 institutions, per FDIC records.
Active branches
12
Banks present
8
Deposits (2025)
$789M
Closings since 2020
2
2 openings
Largest banks by deposits in Otero County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| First National Bank | $324M | 41.1% | 4 |
| Wells Fargo | $141M | 17.9% | 1 |
| Southwest Heritage Bank | $101M | 12.8% | 1 |
| First Savings Bank | $74M | 9.4% | 2 |
| Pioneer Bank | $62M | 7.9% | 1 |
| First American Bank | $50M | 6.3% | 1 |
| WaFd Bank | $32M | 4.1% | 1 |
| First National Bank Texas | $4M | 0.5% | 1 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors.
Cities and towns
Transcribed from FDIC BankFind Suite active-location records and the annual Summary of Deposits. County assignment follows the FDIC branch record.