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2029 Century Park East, Suite 4200
Century City, CA 90067

Banamex USA is the banking arm of Banco Nacional de Mexico (National Bank of Mexico) that gives customers access to both U.S. and Mexican financial markets. Citigroup bought Banamex in 2001 in what was the biggest Latin American acquisition by a U.S. company to date. Banamex offers products and services to both corporate and individual customers in multiple Latin America countries, Mexico, and the United States.

On its individual banking side, Banamex USA offers checking, savings, and Money Market accounts, as well as time deposit accounts that are also known as Certificates of Deposit. Time deposit accounts are available in term lengths from 30 days to 1 year. The bank also makes credit cards and foreign exchange (Peso-Dollar) available to its customers. Each of its deposit accounts is offered to businesses, as well, with varied terms and requirements. The FDIC insures all of Banamex USA’s deposits.

Banamex USA online banking offers an Internet platform for both individuals and businesses to manage their respective accounts. It offers various functions including Bill Pay, check imaging, and fund transfers.

Banamex USA is a United States’ subsidiary of Banamex Financial Group, headquartered in Century City, California, and owned by Citigroup. Banamex USA was originally established in 1963 as the Community Bank of San Jose before changing its name to the California Commerce Bank in 1980. Five years after being bought by Citigroup, in 2006, the bank changed its name again to Citibank (Banamex USA) before its final transition to Banamex USA in 2009.

Reviews (3)

The Worst Bank Ever!

It's a real adventure dealing with this bank. They change the rules, or at least their interpretation of the rules, on a monthly basis. I am forced to use this bank, or I would have changed years ago. I have to send money to a town, that only has a Banamex. One month, they will not accept cash from me, and I had to buy a money order at a 7-11. The next month, they would not even accept a money order, but wanted a personal check. I tried to get my bank (Wells,Fargo) to send money to Banamex. Answer: Any bank but Banamex! I wonder why?

Terrible Service

This has to be the worst Bank I have ever had, they take the longest time to process any type of transaction, if you happen to sign one line above from where you were supposed to do it then you’ll have to wait another 24 hours to process your transaction, the service is terrible they raise their voices to you and are not helpful at all. I’m cancelling my account with them and I couldn’t be any happier. My advice do your business whit any Bank because any Bank will be BETTER than Banamex USA

Opening An Account

i went to open an accouunt and had the worst exprience with Patricia Rios. she made me lose time in Brownsville ,Texas she kept asking the same type of questions over and over intead of proceeding in to opening a new account. i asked her how many deposites can be done in a regular account with 25.00 dollars she could not explain, not only that but when she was with me she took a call where she lasted more than 10 minutes she is very unexpirience should not be working for a financial institution.



Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Banamex USA had $2.48 million in non-current loans and owned real-estate with $226.11 million in equity and loan loss allowances on hand to cover it. This gives Banamex USA a Texas Ratio of 1.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Banamex USA experienced no significant changes from 0.84% as of March 31, 2013 to 1.10% as of March 31, 2014, resulting in a negative change of 30.51%. This indicates that the balance sheet and financial strength for Banamex USA has had no significant changes in recent periods.

Deposit Growth


In the past year, Banamex USA has decreased its total deposits by -$320.92 million, resulting in -26.15% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Banamex USA has shown is poor.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Banamex USA has $1.16 billion in assets with $226.11 million in equity, resulting in a capitalization level of 19.43%, which is excellent.

Institution Statistics

FDIC Certificate #18923
Year Established1963
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.16 billion
Loans$369.96 million
Deposits$906.48 million
Equity Capital$203.80 million
Loan Loss Allowance$22.31 million
Unbacked Noncurrent Loans$2.48 million
Real Estate Owned$0
Historic Data - March 2013
Assets$1.52 billion
Equity Capital$274.42 million
Loan Loss Allowance$27.10 million
Unbacked Noncurrent Loans$2.48 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.16%
Return on Assets-7%
Return on Equity-39.25%
Interest Income$6.12 million

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Banamex USA has 11 locations. Click to view all Banamex USA locations.