Bank Of New Mexico
FDIC #16590
📍 Grants, New Mexico
Bank Of New Mexico is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 06/16/1947. With assets of $154.93 Million, it operates 0 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 1, 2015
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
July 1, 2015
Satisfactory
December 1, 2009
Satisfactory
September 1, 2003
Outstanding
💰 Financial Strength
Total Assets$154.93 Million
Total Deposits$139.67 Million
Equity Capital$14.74 Million
Net Income$896,000
📈 Performance
ROA1.16%
ROE12.11%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
Address824 West Santa Fe Avenue
Grants, New Mexico 87020
Grants, New Mexico 87020
📋 Corporate Structure
Established06/16/1947
FDIC Cert16590
Holding CoFirst Bcorp Of Durango Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeSeptember 25, 2018
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 6:00 PM
Tuesday9:00 AM - 6:00 PM
Wednesday9:00 AM - 6:00 PM
Thursday9:00 AM - 6:00 PM
Friday9:00 AM - 6:00 PM
Saturday9:00 AM - 1:00 PM
SundayClosed
📜 Institutional History
2014
Name Change
Name became: Changed Institution Name To Bank Of New Mexico.
2006
Relocation
Moved HQ to: 824 West Santa Fe Avenue, Grants, NM 87020.