Credit union · NCUA insured
Otero Federal Credit Union
Top CarrotA $532.5M credit union headquartered in Alamogordo, NM, with 33,841 members and 6 branches in New Mexico. Best rates: CDs 3.70% and savings 1.00% APY.
Otero Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 86% of U.S. banks and credit unions
#1 of 7 in Alamogordo, NM metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Otero Federal Credit Union
Chartered on March 5, 1953, Otero Federal Credit Union originally served civilian employees of the U.S. Government who worked in Otero County, New Mexico.
In May 2000, the credit union converted to a community charter and currently serves Chaves, Eddy, Lincoln, and Otero counties.
The credit union operates its administration offices and main branch at 1200 E. 10th Street in Alamogordo, New Mexico.
- Headquarters
- 1200 10th St, Alamogordo, NM 88310
- NCUA charter
- 8475
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who live, work, worship, or attend school in the counties of Chaves, Eddy, Lincoln, and Otero, New Mexico are eligible for membership.
Employers and groups
- Employees of this credit union are eligible for membership.
- Volunteers within the community are eligible for membership.
Family and household
- Members of the immediate families of eligible persons are eligible for membership.
Other ways
- Organizations of persons within the field of membership are eligible for membership.
- Spouses of persons who died while within the field of membership of this credit union are eligible to join.
Branches
6 branches in New Mexico
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New Mexico
6 branches
Alamogordo area · 3
- Main Office1200 10th St, Alamogordo, NM 88310Directions
- Northside Office3300 N White Sands Blvd Unit A, Alamogordo, NM 88310Directions
- Holloman OfficePO Box 1058, Bldg 786, Holloman AFB, NM 88330Directions
Roswell area · 2
- North Main Office2211 N Main St, Roswell, NM 88201Directions
- South Main Office1900 S Main St, Roswell, NM 88203Directions
Ruidoso area · 1
- Ruidoso Office26086 US Highway 70, Ruidoso, NM 88345Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 15.54% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.26% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.75% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $56 | $76 | — |
- CapitalNet worth ratio15.54%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.26%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.75%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$56Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Otero Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.