Lea County State Bank


Overview / Commentary
575-397-4511
1017 N Turner St
Hobbs, NM 88240

Lea County State Bank is headquartered in HOBBS and is the 9th largest bank in the state of New Mexico. It is also the 1,393rd largest bank in the nation. It was established in 1928 and as of March of 2025, it had grown to 84 employees at 3 locations. Lea County State Bank's CD rates are 3X the national average, and it has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #12259
Year Established1928
Employees84
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.92%
Return on Equity - YTD31.92%
Annual Interest Income$8.7MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$689.8MM$718.5MM
LoansQ1 2025vs Q1 2024$226.5MM$237.2MM
DepositsQ1 2025vs Q1 2024$628.8MM$591.1MM
Equity CapitalQ1 2025vs Q1 2024$42.1MM$37.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$1.7MM$1.7MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$2.7MM$1MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Lea County State Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lea County State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$0-Savings Account

Lea County State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$100k*-Money Market
OTHER TIERS: 0.20% $0 - $10k | 0.30% $10k - $25k | 0.40% $25k - $100k

Lea County State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$0-Preferred Plus
0.20%$0-Business Plus
0.20%$0-Golden Value

Lea County State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%$0-60+ Month CD
2.94%$0-48 - 59 Month CD
2.84%$0-36 - 47 Month CD
2.73%$0-30 - 35 Month CD
2.68%$0-24 - 29 Month CD
2.53%$0-12 - 17 Month CD
2.53%$0-18 - 23 Month CD
2.02%$0-180 - 364 Day CD
1.00%$0-60 - 89 Day CD
1.00%$0-90 - 119 Day CD
1.00%$0-120 - 149 Day CD
1.00%$0-150 - 179 Day CD
1.00%$0-7 - 29 Day CD
1.00%$0-30 - 59 Day CD

Lea County State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.03%$100-60 Month IRA
2.93%$100-48 - 59 Month IRA
2.83%$100-36 - 47 Month IRA
2.68%$100-24 - 35 Month IRA
2.52%$100-12 - 23 Month IRA
2.02%$100-6 Month - 364 Day IRA
Locations


Lea County State Bank Locations
Lea County State Bank1017 North TurnerHobbs, NM 88240
Lovington Branch320 S. MainLovington, NM 88260
North Grimes Branch3927 North GrimesHobbs, NM 88240

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