American Heritage Bank (NM)

American Heritage Bank (NM)

Overview / Commentary
3300 N Prince St
Clovis, NM 88101

American Heritage Bank (NM) is headquartered in Clovis and is the 31st largest bank in the state of New Mexico. It is also the 4,143rd largest bank in the nation. It was established in 2000 and as of December of 2019, it had grown to 19 employees at 2 locations. American Heritage Bank (NM) has an A health rating.

Reviews (1)

Why I left the local American Heritage Bank - local Community Bank.

I began banking with American Heritage Bank when we moved to this local community. When the bank, which was 30 miles away, opened a branch in our small town we did most of our banking through their institution. The Customer Service through this bank was very fast and efficient and good. Their mobile web service was basically just getting started but off to a good start. The offered competitive products like most other banking institutions and they had reasonable fee structures. The problem with the bank here in our town is that it is a small community bank - where everyone in the town knows everyone else. The bank employees were also members of our community. As time went along, we kept overhearing things from these banking employees about how much money this person or that person in town had in their accounts. This included things like their overall wealth, or if this one or that one was over-drawn frequently. The gossip situation in our local bank caused us to go with a larger branch in the nearby city rather than have the gossip flowing about town regarding our own personal financial status and affairs.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. American Heritage Bank (NM) has a relatively low asset base.

Health Grade Components

FDIC Certificate #57025
Year Established2000
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.8%
Return on Equity - YTD14.68%
Annual Interest Income$4.3MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$91.0MM$87.5MM
LoansQ4 2019vs Q4 2018$52.2MM$48.0MM
DepositsQ4 2019vs Q4 2018$78.5MM$76.4MM
Equity CapitalQ4 2019vs Q4 2018$11.8MM$10.6MM
Loan Loss AllowanceQ4 2019vs Q4 2018$885.00K$744.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$723.00K$605.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$268.00K

Sorry, we do not have rate data for American Heritage Bank (NM).


American Heritage Bank (NM) Locations
American Heritage Bank3300 N Prince StClovis, NM 88101
Melrose Branch400 East Denby StreetMelrose, NM 88124

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.