Otero Credit Union
About Otero Credit Union
Otero Credit Union Location
P.O. Box 2800
Alamogordo, NM 88311-2800
Phone: (575) 434-8500
Website: www.oterofcu.org
Routing/Transit Number: Not Available
Otero Credit Union Information
Otero Credit Union of Alamogordo, NM is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 31593 members and assets of $187,255,843, as compared to the national average of $93 million dollars of assets per credit union. Otero Credit Union, first opened in 1953 and has been in operation since then. Additionally, Otero Credit Union has 93 full time employees and 3 part time employees, or 329.09375 members per employee, compared to a national average of 376.32254.
While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Otero Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Otero Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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