Charter 8475 · Alamogordo, NM
Otero Federal Credit Union
Otero Federal Credit Union is a federally chartered credit union in Alamogordo, New Mexico, with $535 million in assets and 33,764 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 15.54%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Otero FCU, OFCU.
- Total assets
- $535 million
- +5.9% in a year
- Members
- 33,764
- -0.5% in a year
- Net worth ratio
- 15.54%
- Peer median 10.79%
- Loans 60+ days late
- 0.26%
- Peer median 0.67%
- Loans outstanding
- $250 million
- +2.4% in a year
- Shares and deposits
- $451 million
- +5.1% in a year
- Branches
- 6
- 98 employees
- Opened
- 1953
- Federal charter
How Otero Federal Credit Union compares
NCUA groups credit unions by size; Otero Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 15.54% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.26%, is lower than the group median of 0.67%. Loans grew 2.4% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 10 of 37 credit unions headquartered in New Mexico. See all New Mexico credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $535 million | 33,764 | $250 million | 15.54% | 0.26% |
| Q1 2026 | $532 million | 33,841 | $248 million | 15.21% | 0.22% |
| Q4 2025 | $520 million | 33,773 | $249 million | 15.15% | 0.42% |
| Q3 2025 | $509 million | 33,951 | $248 million | 15.09% | 0.35% |
| Q2 2025 | $505 million | 33,947 | $245 million | 14.75% | 0.28% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 214,362 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 7 sites for Otero Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Northside Office
3300 N White Sands Blvd Unit A, Alamogordo, NM 88310 - Ruidoso Office
26086 Us Highway 70, Ruidoso, NM 88345 - South Main Office
1900 S Main St, Roswell, NM 88203 - North Main Office
2211 N Main St, Roswell, NM 88201 - Holloman Office
Po Box 1058, Holloman Afb, NM 88330 - Administration Offices (main office)
1200 10Th St, Alamogordo, NM 88310 - Main Office
1200 10Th St, Alamogordo, NM 88310
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology