The Citizens Bank of Clovis is headquartered in Clovis and is the 15th largest bank in the state of New Mexico. It is also the 1,893rd largest bank in the nation. It was established in 1916 and as of December of 2021, it had grown to 55 employees at 5 locations. The Citizens Bank of Clovis has an A+ health rating.
My Experience with the Citizens Bank of Clovis
I had a very good experience with this bank. I chose it because it was fairly local although it was some twenty-six mile from my rural community. I also chose it because the online banking was free. With direct deposit of my VA check it was easy to start paying my bills immediately via online transfers. The local bank employees were all very nice and very helpful. I only used the checking feature and of course got debit cards for use with the ATM and for paying for items without having to use cash or check at both local and online stores. I did not get a loan through the bank or use their bill pay feature and some of the local gas, electric and water companies did not permit any payment methods other than checks. I was quite happy with the bank and their service, but ended up switching to another bank because they paid me $ 300.00 to switch for having a direct deposit of pay each month for 3 months.
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11491 |
| Year Established | 1916 |
| Employees | 55 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 9.7% |
| Annual Interest Income | $11.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $448.9MM$400.5MM |
| Loans | Q4 2021vs Q4 2020 | $190.8MM$203.8MM |
| Deposits | Q4 2021vs Q4 2020 | $388.1MM$339.9MM |
| Equity Capital | Q4 2021vs Q4 2020 | $46.3MM$48.1MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $2.0MM$2.0MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $258.00K$378.00K |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |