Otero Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.60% | 1-year CD | 12 Month Share Certificate 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.10% | Savings | Regular Savings Account 1.15% - CIT Bank Spring Savings |
| 1.61% | 4-year CD | 48 Month Share Certificate |
Otero Federal Credit Union is headquartered in Alamogordo and is the 10th largest credit union in the state of New Mexico. It is also the 771st largest credit union in the nation. It was established in 1953 and as of March of 2017, it had grown to 89 employees and 32,480 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
| Featured Account Options | SPONSORED LISTINGS | ||||
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Worst Experience Ever
Worst customer service of any bank I have ever be in. Im currently having to get a lawyer because they shorted me four hundred dollars, and were unable to correct it. I can't use names, but the head boss in Alamogordo told me it wasn't enough money for her to even look into why it went missing. They are a nightmare, stay clear.
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8475 |
| Year Chartered | 1953 |
| Employees | 89 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 4.81% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $307.0MM$298.4MM |
| Loans | Q1 2017vs Q1 2016 | $139.5MM$139.9MM |
| Deposits | Q1 2017vs Q1 2016 | $262.2MM$255.4MM |
| Equity Capital | Q1 2017vs Q1 2016 | $41.9MM$40.4MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $755.00K$608.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $372.00K$598.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $58.00K$19.00K |
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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 |
|---|---|---|---|---|
| 0.10% | - | - | 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 | |
|---|---|---|---|---|---|
| 0.40%* | $25k* | - | Money Market Account | ||
| OTHER TIERS: 0.25% → $2,500 - $25k | |||||
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 |