Otero Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.40% | 1-year CD | 12 Month Share Certificate 1.05% - Ally Bank High Yield 12-Month CD |
| 0.10% | Savings | Regular Savings Account 1.00% - Ally Bank Online Savings Account |
| 1.21% | 4-year CD | 48 Month Share Certificate |
Otero Federal Credit Union is headquartered in Alamogordo and is the 9th largest credit union in the state of New Mexico. It is also the 759th largest credit union in the nation. It was established in 1953 and as of June of 2016, it had grown to 87 employees and 32,407 members at 6 locations. Otero Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, or attend school in the counties of Chaves, Eddy, Lincoln, and Otero, New Mexico; spouses of persons who died while within the field of membership of this credit union; employees of this credit union; volunteers within the community, members of their immediate families; and organizations of such persons.
See current membership details
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 8475 |
| Year Chartered | 1953 |
| Employees | 87 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 3.95% |
| Annual Interest Income | $4.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $296.0MM$284.2MM |
| Loans | Q2 2016vs Q2 2015 | $138.6MM$136.7MM |
| Deposits | Q2 2016vs Q2 2015 | $252.4MM$242.6MM |
| Equity Capital | Q2 2016vs Q2 2015 | $40.9MM$39.0MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $706.00K$451.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $363.00K$280.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $15.00K$52.00K |
Always verify rates and promotions with the bank or credit union. We are not Otero Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Otero Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Regular Savings Account | |
| 0.10% | $100 | - | IRA Share Account | |
| 0.10% | - | - | Health Savings Account |
Otero Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $2,500 | - | Money Market Account |
Otero Federal Credit Union CD Rates
Otero Federal Credit Union IRA Rates
| Otero Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1200 10th St | Alamogordo, NM 88310 |
| Branch Office | PO BOX 1058 Bldg 786 | Holloman AFB, NM 88330 |
| Branch Office | 2211 N Main St | Roswell, NM 88201-6458 |
| Branch Office | 1900 S Main St | Roswell, NM 88203-1837 |
| Branch Office | 211 Highway 70 | Ruidoso, NM 88345-6042 |
| Branch Office | 3300 N White Sands Blvd Unit A | Alamogordo, NM 88310 |