Bank of the Southwest, Elephant Butte Branch

Name:Bank of the Southwest, Elephant Butte Branch
Full Service Brick and Mortar Office
Review:1 client review
Location:501 Butte Blvd
Elephant Butte, NM 87935

Sierra County
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Phone:575-744-5593
FDIC Cert:#2247
Established:1972-07-24


The Bank

Name:Bank of the Southwest
Concentration:Commercial Lending Specialization
Established:1930-03-18
FDIC Insurance:1934-01-01
Holden By:New Mexico National Financial Incorporated
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:$156,239,000
Total Deposits:$136,916,000
Total Equity Capital:$14,342,000
Total Domestic Office Deposits:$136,916,000
Net Income:$1,554,000
Quarterly Net Income:$575,000
Return on Assets:1%
Quarterly Return on Assets:2%
Return on Equity:15%
Quarterly Return on Equity:16%
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Client Review

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

Not a very good bank
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
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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