Finance Atlas

Banking & Mortgage-Lending Access in New Mexico

170 FDIC-insured institutions (29 currently active) are recorded in New Mexico in FDIC BankFind. HMDA 2024 data report an overall mortgage application denial rate of 27.0% in New Mexico.

FDIC data as of 2026 · HMDA data year 2024 · Last export: June 20, 2026

170
FDIC institutions (total)
29
Currently active
27.0%
Overall denial rate (HMDA 2024)
36,442
Loans originated (2024)
This page is a reference catalog of provenanced public data. It informs and compares; it does not recommend lenders and gives no financial advice. HMDA denial-rate figures are reported statistics and do not establish why rates differ across applicant groups. To verify a lender's FDIC status, use FDIC BankFind. To file a complaint, visit the CFPB. To find a HUD-approved housing counselor: HUD.gov.

How many FDIC-insured institutions are in New Mexico?

FDIC BankFind records 170 FDIC-insured institutions (all historical) in New Mexico, of which 29 are currently active. Counts include banks, savings banks, and other insured depository institutions across all charter classes.

Metric Count
Total FDIC-insured institutions (historical) 170
Currently active 29

Source: FDIC BankFind (src:fdic:bankfind:2026). Verify: https://banks.data.fdic.gov/

What types of banks are chartered in New Mexico?

FDIC uses charter class codes to categorize insured depository institutions. The breakdown for New Mexico:

Charter class Description Count
NM State non-member bank (Fed non-member) 65
N National bank (OCC-chartered) 49
SL Savings institution (state-chartered S&L) 27
SB Savings bank (state-chartered) 20
SM State member bank (Fed member) 9

Source: FDIC BankFind (src:fdic:bankfind:2026). Charter class labels per FDIC BankFind official definitions.

What was the mortgage application denial rate in New Mexico? (HMDA 2024)

HMDA 2024 data report an overall mortgage application denial rate of 27.0% in New Mexico. The table below shows reported denial rates by applicant race where available in the HMDA dataset.

Methodology note: HMDA captures race where the applicant chose to report it. Denial rates reflect all recorded denial reasons (credit history, DTI, collateral, etc.) and do not establish why rates differ across groups. These figures are descriptive FFIEC statistics, not findings of lending discrimination.
Applicant group (reported) Denial rate
Overall 27.0%
White applicants 23.5%
Black applicants 30.3%
Black/White denial rate ratio 1.29x

Source: FFIEC HMDA (src:ffiec:hmda:2024). Verify: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=NM

Mortgage origination volume in New Mexico (2024)

HMDA 2024 data record 36,442 originated mortgage loans in New Mexico , totaling $9.0B , with an average loan size of $247,334.

Metric Value
Originated loans (2024) 36,442
Total origination volume $9.0B
Average loan size $247,334

Source: FFIEC HMDA (src:ffiec:hmda:2024).

Sources & provenance

FDIC data — source id src:fdic:bankfind:2026, as of 2026. Verify via FDIC BankFind: https://banks.data.fdic.gov/

HMDA data — source id src:ffiec:hmda:2024, data year 2024. Verify via FFIEC Data Browser: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=NM

Data exported June 20, 2026 · content hash f645191413319106 · machine-readable brief: /finance/states/nm/context.md

Where to act