US Bank Directory
Banks in Socorro, NM
3 FDIC-insured banks operate 4 offices in Socorro, New Mexico, and 1 credit union has 1 office.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026; hours checked October 10, 2026.
Bank branch map: Socorro
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: 4 banks and credit unions operate 5 locations in Socorro, according to the FDIC and the NCUA. 5 of them have coordinates on record and are on the map. 2 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
5 locations 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 and credit unions in Socorro
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: First State Bank has the most locations in Socorro, with 2. The other 2 each have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
First State Bank Bank · 2
First State Bank has 2 branches in Socorro, 4 across New Mexico and 4 nationwide. FDIC records list its main office in Socorro, NM and show it operating since 1947. With $188.0 million in total assets on June 30, 2026, it ranks No. 3,078 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Socorro location is its main office at 103 Manzanares Ave E, dating to 1947; the newest, at 200 N California St, to 1986. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office103 Manzanares Ave E, 87801
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Motor Facility200 N California St, 87801
Nusenda Credit Union Credit union · 1
Nusenda Credit Union has 1 office in Socorro, 27 across New Mexico. It is based in Albuquerque, NM and $4.97 billion in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
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Socorro1019 N California St, 87801
All hours
Mon to Thu 9 am to 5 pm; Fri 9 am to 6 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
WaFd Bank Bank · 1
WaFd Bank has 1 branch in Socorro, 18 across New Mexico and 214 nationwide. FDIC records list its main office in Seattle, WA and show it operating since 1917. With $27.58 billion in total assets on June 30, 2026, it ranks No. 79 of 4,232 U.S. banks by total assets. The Socorro Banking Center Branch at 201 Plaza St dates to 1959 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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Socorro Banking Center Branch201 Plaza St, 87801
Wells Fargo Bank · 1
Wells Fargo has 1 branch in Socorro, 54 across New Mexico and 4,161 nationwide. FDIC records list its main office in Sioux Falls, SD and show it operating since 1870. With $1.91 trillion in total assets on June 30, 2026, it ranks No. 4 of 4,232 U.S. banks by total assets. The Socorro Branch at 501 N California St dates to 1972 in FDIC branch records. Its published hours do not list Saturday.
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Socorro Branch501 N California St, 87801
All hours
Mon to Fri 9 am to 5 pm; Sat to Sun not published
Hours: Wells Fargo branch locator (All The Places), checked Oct 10, 2026
Join a credit union in Socorro
1 credit union has 1 office here: Nusenda Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Socorro page has every office in the state's directory.
Banking in Socorro: the local picture
Short answer: 3 banks run 4 branches in Socorro according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 3 banks, 1 has its main office in Socorro and 2 out of state, according to the FDIC.
The bank with the longest record here is Wells Fargo, operating since 1870 according to the FDIC. In FDIC branch records, the longest-running branch is First State Bank's office at 103 Manzanares Ave E, dating to 1947; the newest is First State Bank's at 200 N California St, from 1986.
The only credit union with an office here is Nusenda Credit Union.
Of the 2 locations with published hours. None open on Saturday. 3 locations have no published hours in these sources.
Saturday hours in Socorro
Short answer: None of the 2 Socorro locations with published hours lists Saturday hours. 3 locations do not publish hours in these sources; call ahead.
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 3 of the 5 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Socorro, and where the nearest one is if they do not.
Short answer: In Socorro: Wells Fargo (1). No branches in Socorro: Chase (nearest in Albuquerque, 71 mi), Bank of America (nearest in Albuquerque, 68 mi), PNC Bank (nearest in Albuquerque, 69 mi), U.S. Bank (nearest in Belen, 42 mi), Truist, Fifth Third Bank, Huntington, Regions Bank, TD Bank, BMO (nearest in Los Lunas, 53 mi).
| Bank | In Socorro | Nearest branch if none here |
|---|---|---|
| Wells Fargo | 1 branch | here |
| Chase | None | Albuquerque, 71 miles away |
| Bank of America | None | Albuquerque, 68 miles away |
| PNC Bank | None | Albuquerque, 69 miles away |
| U.S. Bank | None | Belen, 42 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 | Los Lunas, 53 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Socorro 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 Socorro residents like anyone else.
Banks near Socorro
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Belen (42 miles) and Los Lunas (53 miles). Albuquerque, 75 miles away, has the most banks nearby: 26.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Belen, NM | 42 mi | 3 | 4 |
| Banks in Los Lunas, NM | 53 mi | 7 | 7 |
| Banks in Truth Or Consequences, NM | 67 mi | 3 | 3 |
| Banks in Albuquerque, NM | 75 mi | 26 | 103 |
| Banks in Moriarty, NM | 81 mi | 2 | 2 |
| Banks in Rio Rancho, NM | 83 mi | 10 | 11 |
| Banks in Tularosa, NM | 85 mi | 2 | 2 |
| Banks in Ruidoso, NM | 87 mi | 7 | 7 |
Bank branch openings and closings in Socorro
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Socorro between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Socorro
Short answer: 1 institution has its main office in Socorro: First State Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| First State Bank | Bank | $188.0 million | 2 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Socorro by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Socorro offices.
Short answer: Wells Fargo is the largest bank with offices in Socorro, with $1.91 trillion in total assets on June 30, 2026, No. 4 among U.S. banks by total assets. WaFd Bank is second with $27.58 billion. 1 of the 3 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Wells Fargo | $1.91 trillion | No. 4 | 1 | Sioux Falls, SD |
| WaFd Bank | $27.58 billion | No. 79 | 1 | Seattle, WA |
| First State Bank | $188.0 million | No. 3,078 | 2 | Socorro, 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 Socorro: FAQ
How many banks are in Socorro, NM?
Socorro has 3 banks with 4 branches and 1 credit union with 1 office, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Socorro?
First State Bank, with 2. Wells Fargo has 1 and WaFd Bank has 1.
Is there a First State Bank in Socorro, NM?
Yes. FDIC data lists 2 First State Bank branches in Socorro as of September 5, 2026, the main office at 103 Manzanares Ave E. Its branches are listed under First State Bank above, with the address and directions for each.
Is there a Wells Fargo in Socorro, NM?
Yes. FDIC data lists 1 Wells Fargo branch in Socorro as of September 5, 2026. The address and directions are under Wells Fargo above.
Is there a WaFd Bank in Socorro, NM?
Yes. FDIC data lists 1 WaFd Bank branch in Socorro as of September 5, 2026. The address and directions are under WaFd Bank above.
Is there a Chase in Socorro, NM?
No. FDIC data lists no Chase branch in Socorro as of September 5, 2026. The nearest is in Albuquerque, about 71 miles away in a straight line.
Which banks in Socorro are open on Saturday?
None of the 2 locations with published hours lists Saturday hours. 3 locations do not publish hours in our sources; call ahead.
Which banks are headquartered in Socorro?
First State Bank has its main office in Socorro, according to the FDIC.
What is the oldest bank in Socorro?
Wells Fargo has the longest record among banks with a branch here: the FDIC shows it operating since 1870.
Which credit unions can I join in Socorro?
Nusenda Credit Union has an office in Socorro. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Socorro 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 Socorro?
Nearby cities with more banks include Belen, Los Lunas, Truth Or Consequences. Belen is 42 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 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 1 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Bank branch hours, phones and branch pages (1 of 4 branches: Wells Fargo) | The banks' own branch locators, collected by All The Places | CC0 (All The Places data); each bank's locator is the primary source | Weekly spider run, monthly refresh here | Oct 10, 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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