American Heritage Bank (NM) is headquartered in CLOVIS and is the 29th largest bank in the state of New Mexico. It is also the 3,689th largest bank in the nation. It was established in 2000 and as of March of 2023, it had grown to 19 employees at 2 locations. American Heritage Bank (NM) has a B+ health rating.
I've lived all over the world, and all over the US. I've had bank accounts with at least 20 different banks in my lifetime. Currently, I'm in Clovis, NM; and I've found the best bank I've ever had the pleasure to deal with.
Customer Service is second to none!! A real person answers the phone every single time I call. (They've even began to recognize my voice, and know me by name when I call). They know me by name when I walk through the door and are always friendly.
I think they are mostly a commercial lender, and I've found their rates to be mostly competitive. The best thing is their efficiency. They are very quick getting loan decisions made, and all decisions are made local.
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.
| Overall | |
|---|---|
| FDIC Certificate # | 57025 |
| Year Established | 2000 |
| Employees | 19 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.98% |
| Return on Equity - YTD | 26.88% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $124.5MM$122.2MM |
| Loans | Q1 2023vs Q1 2022 | $58.9MM$58.0MM |
| Deposits | Q1 2023vs Q1 2022 | $109.3MM$110.9MM |
| Equity Capital | Q1 2023vs Q1 2022 | $9.3MM$10.5MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $1.0MM$1.0MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $233.00K$343.00K |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$111.00K |
Sorry, we do not have rate data for American Heritage Bank (NM).
| American Heritage Bank (NM) Locations | ||
|---|---|---|
| American Heritage Bank | 3300 N Prince St | Clovis, NM 88101 |
| Melrose Branch | 400 East Denby Street | Melrose, NM 88124 |