First New Mexico Bank is a bank based in Deming, New Mexico, established in 1962, with $274 million in total assets across 3 branches. By Trust Grade it ranks 3rd of 29 banks we track in New Mexico. Its capital ratio of 14.5% is stronger than 88% of similarly sized banks, versus a New Mexico median of 9.8%. It was profitable over the most recent period, with a 1.71% return on assets. No consumer complaints against First New Mexico Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First New Mexico Bank compares to New Mexico peers
How we graded First New Mexico Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.5% capital ratio)
- Strongly profitable (ROA 1.71%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First New Mexico Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 300 S Gold Ave, Deming, NM 88030
- 1501 Columbus Rd, Deming, NM 88030
- 153 South Main Street, Columbus, NM 88029
Are deposits at First New Mexico Bank insured?
Yes. First New Mexico Bank is an FDIC-insured bank (FDIC certificate #18514). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First New Mexico Bank: frequently asked questions
Is First New Mexico Bank a good bank?
First New Mexico Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (14.5% capital ratio); Strongly profitable (ROA 1.71%).
Is First New Mexico Bank FDIC-insured?
Yes. First New Mexico Bank is a FDIC-insured bank (FDIC certificate #18514). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First New Mexico Bank?
First New Mexico Bank holds $274 million in total assets, ranking 3rd of 29 banks we track in New Mexico. It operates 3 branches.
Does First New Mexico Bank have CFPB complaints?
No CFPB complaints against First New Mexico Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
