Overview / Commentary
500 10Th St.
Alamogordo, NM 88310

BANK 34 is headquartered in Alamogordo and is the 11th largest bank in the state of New Mexico. It is also the 1,825th largest bank in the nation. It was established in 1934 and as of March of 2021, it had grown to 57 employees at 5 locations. BANK 34 has an A+ health rating.


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Health Grade Components

FDIC Certificate #29087
Year Established1934
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.2%
Return on Equity - YTD12.41%
Annual Interest Income$5.0MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$462.2MM$407.8MM
LoansQ1 2021vs Q1 2020$352.9MM$309.4MM
DepositsQ1 2021vs Q1 2020$401.4MM$308.2MM
Equity CapitalQ1 2021vs Q1 2020$44.0MM$42.2MM
Loan Loss AllowanceQ1 2021vs Q1 2020$4.8MM$3.4MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$142.00K$438.00K
Real Estate OwnedQ1 2021vs Q1 2020$0$0
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BANK 34 Savings Account Rates

0.50%-$50kKasasa Saver

BANK 34 Checking Account Rates

1.50%-$25kKasasa Cash

BANK 34 Locations
Las Cruces Branch220 N. Telshor Blvd.Las Cruces, NM 88011
Bank'34500 10th StreetAlamogordo, NM 88310
Peoria Branch14155 North 83rd Avenue, Suite 117Peoria, AZ 85381
Phoenix Br14850 N. Scottsdale Rd., Ste 100Scottsdale, AZ 85254

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