Bank of the Southwest, FARMINGTON COMMERCIAL LOAN CENTER BRANCH

Name:Bank of the Southwest, FARMINGTON COMMERCIAL LOAN CENTER BRANCH
Limited Service Administrative Office
Review: 1star1 client review
Location:6580 E Main St
Farmington, NM 87402

San Juan County
View Other Branches
 
FDIC Cert:#2247
Established:10/26/2015


The Bank

Name:Bank of the Southwest
Concentration:Commercial Lending Specialization
Established:03/18/1930
FDIC Insurance:01/01/1934
Holden By:NEW MEXICO NATL FINL INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:13, view all, view on map
Website:www.bankofsw.com
Total Assets:$180,752,000
Total Deposits:$163,203,000
Total Equity Capital:$17,488,000
Total Domestic Office Deposits:$163,203,000
Net Income:$3,970,000
Quarterly Net Income:$1,138,000
Return on Assets:2%
Quarterly Return on Assets:2%
Return on Equity:24%
Quarterly Return on Equity:26%
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Client Review

1 client review of Bank of the Southwest scored 1 out of 5.

Not a very good bank
 1star Overall Rating
 4star Interest Rate and Cost
 1star Office Environment & Staff
 2star Waiting Time
 1star Other Services
by JohnGolt, Mar. 13, 2018

This isn't a very good bank.  They don't have any credit cards.  Their debit cards are often turned down even when there is $ in the account which can be quite embarrassing.  I find myself always having to carry cash just in case which negates the entire purpose of the card.  The bank is very small and local if that is your sort of thing unfortunately I need a bank that is more widely known and accepted in the banking world instead of this literally who bank who acts like they're the arbiters of finance in this town.

* this reviewer has be with this bank for 3 - 10 years
* this reviewer had 3 - 5 banks before.
* this review was made on Bank of the Southwest, Elephant Butte Branch at Elephant Butte, NM
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