Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Banks vs Payday Loans in New Mexico
405 branches of 56 FDIC-insured banks operate in New Mexico; 29 of these banks are headquartered in the state. Data: FDIC BankFind, as of June 30, 2026. There are also 70 payday, installment and title loan stores of 10 chains in New Mexico — about 5.8 bank branches for every loan store.
- Bank branches
- 405
- Payday & loan stores
- 70
- Banks with branches
- 56
- Loan store chains
- 10
- Bank branches per 100k
- 19.2
- Loan stores per 100k
- 3.3
- Headquartered in New Mexico
- 29
Payday loan stores by city in New Mexico
70 stores in 21 cities and towns across New Mexico. Pick a city for the full list of loan stores and bank branches with addresses and phone numbers, or scroll down for the smaller towns.
New Mexico has about 2,113,394 residents, so that's 3 loan stores and 19 bank branches per 100,000 people. Population: U.S. Census Bureau, American Community Survey.
Payday and installment loan stores in New Mexico
Storefront lenders with locations in New Mexico, by number of stores. Most offer payday, installment or title loans, which cost far more than a bank or credit union loan.
| Lender | Stores in NM | Cities | Website |
|---|---|---|---|
| Sun Loan Company | 20 | 19 | sunloan.com |
| OneMain Financial | 13 | 10 | onemainfinancial.com |
| ACE Cash Express | 7 | 2 | acecashexpress.com |
| Check 'n Go | 7 | 6 | checkngo.com |
| TitleMax | 7 | 5 | titlemax.com |
| Western Shamrock Finance | 6 | 5 | westernshamrock.com |
| Mariner Finance | 4 | 4 | marinerfinance.com |
| Approved Cash | 2 | 1 | approvedcashadvance.com |
| loanDepot | 2 | 2 | loandepot.com |
| Security Finance | 2 | 2 | securityfinance.com |
Banks with branches in New Mexico
| Bank | Branches in NM | Headquarters | Total assets | Website |
|---|---|---|---|---|
| Wells Fargo Bank, National Association | 54 | Sioux Falls, SD | $1.9T | wellsfargo.com |
| U.S. Bank National Association | 21 | Cincinnati, OH | $705.6B | usbank.com |
| UMB Bank, National Association | 21 | Kansas City, MO | $71.9B | umb.com |
| BMO Bank National Association | 20 | Chicago, IL | $255.0B | bmo.com |
| First National Bank Texas | 19 | Killeen, TX | $4.6B | 1stnb.com |
| WaFd Bank | 18 | Seattle, WA | $27.6B | wafdbank.com |
| First American Bank | 17 | Artesia, NM | $1.9B | firstamericanbanknm.com |
| Bank of America, National Association | 16 | Charlotte, NC | $2.7T | bankofamerica.com |
| BOKF, National Association | 13 | Tulsa, OK | $53.0B | bokfinancial.com |
| Bank of the Southwest | 13 | Roswell, NM | $176.3M | bankofsw.com |
| PNC Bank, National Association | 12 | Wilmington, DE | $609.8B | pnc.com |
| Western Commerce Bank | 12 | Carlsbad, NM | $863.5M | wcb.net |
| Pioneer Bank | 11 | Roswell, NM | $1.1B | pioneer.bank |
| JPMorgan Chase Bank, National Association | 9 | Columbus, OH | $4.1T | jpmorganchase.com |
| Sunflower Bank, National Association | 9 | Dallas, TX | $15.7B | sunflowerbank.com |
| Century Bank | 9 | Santa Fe, NM | $1.4B | mycenturybank.com |
| Citizens Bank of Las Cruces | 8 | Las Cruces, NM | $1.2B | citizenslc.com |
| The James Polk Stone Community Bank | 8 | Portales, NM | $443.8M | jpstone.com |
| First Savings Bank | 7 | Beresford, SD | $1.6B | firstsavingsbanks.com |
| The Bank of Clovis | 7 | Clovis, NM | $438.4M | bankofclovis.bank |
| Enterprise Bank & Trust | 6 | Clayton, MO | $17.4B | enterprisebank.com |
| The Citizens Bank | 6 | Farmington, NM | $804.3M | cbnm.com |
| Southwest Capital Bank | 6 | Albuquerque, NM | $482.9M | southwestcapital.com |
| First National Bank | 6 | Alamogordo, NM | $452.8M | fnb4u.com |
| United Business Bank | 5 | Walnut Creek, CA | $2.6B | unitedbusinessbank.com |
| The Citizens Bank of Clovis | 5 | Clovis, NM | $493.1M | cbcnm.bank |
| NBH Bank | 4 | Greenwood Village, CO | $12.5B | nbhbank.com |
| InBank | 4 | Raton, NM | $1.4B | inbank.com |
| Four Corners Community Bank | 4 | Farmington, NM | $662.3M | thebankforme.com |
| Community 1st Bank Las Vegas | 4 | Las Vegas, NM | $293.9M | cfblv.com |
| First State Bank | 4 | Socorro, NM | $188.0M | socorrobanking.com |
| First New Mexico Bank of Silver City | 4 | Silver City, NM | $147.5M | fnmbsc.com |
| CNB Bank | 3 | Carlsbad, NM | $1.1B | ourcnb.bank |
| Lea County State Bank | 3 | Hobbs, NM | $738.3M | onlinelcsb.com |
| Western Bank | 3 | Lordsburg, NM | $325.9M | bootheelbank.com |
| Valley Bank of Commerce | 3 | Roswell, NM | $304.1M | valleybankofcommerce.com |
| First New Mexico Bank | 3 | Deming, NM | $275.1M | firstnewmexicobank.com |
| First New Mexico Bank, Las Cruces | 3 | Las Cruces, NM | $171.9M | firstnewmexicobanklc.com |
| First-Citizens Bank & Trust Company | 2 | Raleigh, NC | $236.3B | firstcitizens.com |
| Busey Bank | 2 | Champaign, IL | $18.1B | busey.com |
| Bank of Colorado | 2 | Fort Collins, CO | $7.6B | bankofcolorado.com |
| TBK BANK, SSB | 2 | Dallas, TX | $7.4B | tbkbank.com |
| Southwest Heritage Bank | 2 | Scottsdale, AZ | $892.8M | swhbank.com |
| Centinel Bank of Taos | 2 | Taos, NM | $424.8M | centinelbank.com |
| American Heritage Bank | 2 | Clovis, NM | $153.2M | ahbnm.com |
| Zions Bancorporation, N.A. | 1 | Salt Lake City, UT | $89.0B | zionsbancorporation.com |
| First American Trust, FSB | 1 | Santa Ana, CA | $9.2B | firstamtrust.com |
| City Bank | 1 | Lubbock, TX | $5.4B | city.bank |
| WestStar Bank | 1 | El Paso, TX | $3.3B | weststarbank.com |
| Capra Bank | 1 | Dubuque, IA | $1.3B | caprabank.com |
| Western Bank | 1 | Artesia, NM | $350.5M | wbartesia.com |
| Citizens Bank | 1 | Amarillo, TX | $309.8M | gocitizensbank.com |
| The First National Bank in Trinidad | 1 | Trinidad, CO | $250.5M | fnbtrinidad.com |
| Main Bank | 1 | Albuquerque, NM | $245.2M | main.bank |
| Tucumcari Federal Savings and Loan Association | 1 | Tucumcari, NM | $38.4M | tucfed.com |
| DSRM National Bank | 1 | Albuquerque, NM | $4.4M | — |
Bank branches in New Mexico by type
- Full-service branches
- 359
- 88.6%
- In-store branches
- 23
- 5.7%
- Drive-thru & detached
- 17
- 4.2%
- Loan offices
- 2
- 0.5%
- Other limited-service
- 4
- 1.0%
Banks vs loan stores: cities in New Mexico
| City | Bank branches | Banks | Loan stores |
|---|---|---|---|
| Albuquerque | 103 | 26 | 21 |
| Las Cruces | 33 | 17 | 5 |
| Santa Fe | 30 | 11 | 4 |
| Farmington | 17 | 8 | 4 |
| Roswell | 16 | 8 | 5 |
| Hobbs | 13 | 8 | 2 |
| Clovis | 13 | 10 | 3 |
| Rio Rancho | 12 | 11 | 3 |
| Carlsbad | 11 | 7 | 2 |
| Alamogordo | 9 | 8 | 2 |
| Ruidoso | 7 | 7 | — |
| Los Lunas | 7 | 7 | 2 |
Bank branches are located in 74 New Mexico cities and towns.
Loan stores in smaller towns of New Mexico
Other cities and towns in New Mexico with payday or installment loan stores, and the number of stores in each.
- Alamogordo 2
- Anthony 1
- Belen 1
- Bernalillo 2
- Carlsbad 2
- Clovis 3
- Espanola 1
- Gallup 4
- Grants 2
- Las Vegas 3
- Los Lunas 2
- Santa Teresa 1
- Socorro 1
- Taos 1
Bank branches as reported to the FDIC, including main offices. Total assets are for the whole bank, not only its New Mexico branches. Loan stores: storefront locations of major payday, installment and title lenders; online-only lenders are not included.