Banks in Otero County, New Mexico
12 active bank branches operated by 8 institutions, per FDIC records.
Active branches
12
Banks present
8
Deposits (2026)
$772M
Closings since 2020
2
2 openings
Largest banks by deposits in Otero County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| First National Bank | $313M | 40.5% | 4 |
| Wells Fargo | $145M | 18.8% | 1 |
| Southwest Heritage Bank | $96M | 12.5% | 1 |
| First Savings Bank | $76M | 9.8% | 2 |
| Pioneer Bank | $60M | 7.7% | 1 |
| First American Bank | $47M | 6% | 1 |
| WaFd Bank | $32M | 4.1% | 1 |
| First National Bank Texas | $5M | 0.6% | 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.