US Bank Directory
Banks in Elephant Butte, NM
1 FDIC-insured bank operates 1 office in Elephant Butte, New Mexico.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Elephant Butte
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 1 institution operates 1 location in Elephant Butte, according to the FDIC. 1 of them has coordinates on record and is on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.
Branches: FDIC, NCUA. Streets: loading.
1 location on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks in Elephant Butte
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Bank of the Southwest is the only bank with an office in Elephant Butte. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Bank of the Southwest Bank · 1
Bank of the Southwest has 1 branch in Elephant Butte, 13 across New Mexico and 13 nationwide. FDIC records list its main office in Roswell, NM and show it operating since 1930. With $176.3 million in total assets on June 30, 2026, it ranks No. 3,146 of 4,232 U.S. banks by total assets. The Elephant Butte Branch at 501 Butte Blvd dates to 1972 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Elephant Butte Branch501 Butte Blvd, 87935
Banking in Elephant Butte: the local picture
Short answer: 1 bank runs 1 branch in Elephant Butte according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Bank of the Southwest has its main office in Roswell, NM, according to the FDIC.
The bank with the longest record here is Bank of the Southwest, operating since 1930 according to the FDIC.
The one location here does not publish hours in the sources this page uses. Each branch links to the bank's own site.
Chase, Bank of America and other national banks
Which big national banks have branches in Elephant Butte, and where the nearest one is if they do not.
Short answer: No branches in Elephant Butte: Chase (nearest in Albuquerque, 134 mi), Wells Fargo (nearest in Hatch, 36 mi), Bank of America (nearest in Las Cruces, 67 mi), PNC Bank (nearest in Las Cruces, 66 mi), U.S. Bank (nearest in Las Cruces, 66 mi), Truist, Fifth Third Bank, Huntington, Regions Bank, TD Bank, BMO (nearest in Las Cruces, 66 mi).
| Bank | In Elephant Butte | Nearest branch if none here |
|---|---|---|
| Chase | None | Albuquerque, 134 miles away |
| Wells Fargo | None | Hatch, 36 miles away |
| Bank of America | None | Las Cruces, 67 miles away |
| PNC Bank | None | Las Cruces, 66 miles away |
| U.S. Bank | None | Las Cruces, 66 miles away |
| Truist | None | none in New Mexico |
| Fifth Third Bank | None | none in New Mexico |
| Huntington | None | none in New Mexico |
| Regions Bank | None | none in New Mexico |
| TD Bank | None | none in New Mexico |
| BMO | None | Las Cruces, 66 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Elephant Butte to the nearest branch in New Mexico.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Elephant Butte residents like anyone else.
Banks near Elephant Butte
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Truth Or Consequences (3 miles) and Hatch (36 miles). Las Cruces, 66 miles away, has the most banks nearby: 17.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Truth Or Consequences, NM | 3 mi | 3 | 3 |
| Banks in Hatch, NM | 36 mi | 2 | 2 |
| Banks in Socorro, NM | 63 mi | 3 | 4 |
| Banks in Las Cruces, NM | 66 mi | 17 | 33 |
| Banks in Silver City, NM | 67 mi | 6 | 7 |
| Banks in Tularosa, NM | 71 mi | 2 | 2 |
| Banks in Deming, NM | 71 mi | 3 | 4 |
| Banks in Alamogordo, NM | 76 mi | 8 | 9 |
Bank branch openings and closings in Elephant Butte
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Elephant Butte between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Elephant Butte by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Elephant Butte offices.
Short answer: Bank of the Southwest is the largest bank with offices in Elephant Butte, with $176.3 million in total assets on June 30, 2026, No. 3,146 among U.S. banks by total assets. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Bank of the Southwest | $176.3 million | No. 3,146 | 1 | Roswell, NM |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Elephant Butte: FAQ
How many banks are in Elephant Butte, NM?
Elephant Butte has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.
Is there a Bank of the Southwest in Elephant Butte, NM?
Yes. FDIC data lists 1 Bank of the Southwest branch in Elephant Butte as of September 5, 2026. The address and directions are under Bank of the Southwest above.
Is there a Chase in Elephant Butte, NM?
No. FDIC data lists no Chase branch in Elephant Butte as of September 5, 2026. The nearest is in Albuquerque, about 134 miles away in a straight line.
What is the oldest bank in Elephant Butte?
Bank of the Southwest has the longest record among banks with a branch here: the FDIC shows it operating since 1930.
Did any bank branches open or close in Elephant Butte in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Elephant Butte?
Nearby cities with more banks include Truth Or Consequences, Hatch, Socorro. Truth Or Consequences is 3 miles away with 3 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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