Otero Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.oterofcu.org

575-434-8500

1200 10th St
Alamogordo, NM 88310

Otero Federal Credit Union is headquartered in Alamogordo and is the 10^th largest credit union in the state of New Mexico. It is also the 749^th largest credit union in the nation. It was established in 1953 and as of March of 2025, it had grown to 96 employees and 34,019 members at 6 locations. Otero Federal Credit Union's CD rates are 4X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in the New Mexico counties of Chaves, Eddy, Lincoln, or 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

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Health

A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	8475
Year Chartered	1953
Employees	96
Primary Regulator

Profit Margin
Return on Assets - YTD	1.51%
Return on Equity - YTD	10.55%
Annual Interest Income	$5.7MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$502.9MM$470.4MM
Loans	Q1 2025vs Q1 2024	$244.7MM$253.4MM
Deposits	Q1 2025vs Q1 2024	$429MM$405.6MM
Equity Capital	Q1 2025vs Q1 2024	$70.8MM$61.7MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.8MM$1.8MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$570K$483K
Real Estate Owned	Q1 2025vs Q1 2024	$0$153K

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Money Market
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IRA

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

Otero Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$25	-	Regular Savings

Otero Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.75%^*	$250k^*	-	Money Market
OTHER TIERS: 1.00% → $2.5k - $25k \| 1.45% → $25k - $50k \| 1.70% → $50k - $250k

Otero Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$1k	-	12 Month Share Certificate
3.95%	$1k	-	6 Month Share Certificate
3.75%	$1k	-	18 Month Share Certificate
3.50%	$1k	-	24 Month Share Certificate
3.40%	$1k	-	36 Month Share Certificate
3.40%	$1k	-	48 Month Share Certificate
3.40%	$1k	-	60 Month Share Certificate

Otero Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$1k	-	12 Month IRA Certificate
3.95%	$1k	-	6 Month IRA Certificate
3.75%	$1k	-	18 Month IRA Certificate
3.50%	$1k	-	24 Month IRA Certificate
3.40%	$1k	-	36 Month IRA Certificate
3.40%	$1k	-	48 Month IRA Certificate
3.40%	$1k	-	60 Month IRA Certificate
0.15%	$0	-	Share IRA

Locations

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	26086 US Highway 70	Ruidoso, NM 88345-6178
Branch Office	3300 N White Sands Blvd Unit A	Alamogordo, NM 88310

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