Market Intelligence

Doña Ana County, NM

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025

Doña Ana County, New Mexico, a core county of the El Paso-Las Cruces, TX-NM market, holds $3.1B in deposits across 17 insured institutions and 41 branches. Citizens Bank of Las Cruces is the largest deposit holder at 27.4% share. The top three banks hold 60% of deposits, which places the county in the Concentrated band. Deposits have grown 18.8% since 2020 while the branch count fell by 2.4%. It produces $8.9B of output, ranking #393 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$8.9B
#393 of 1,523
Population
229,091
#313 of 1,523
GDP per Capita
$38,852
#934 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$3.1B
#479 of 1,523
Deposits per Capita
$13,697
#1,265 of 1,523
Deposits per Branch
$77M
#966 of 1,523
Competitive structure
Insured Institutions
17
#287 of 1,523
Branches per 100k Pop.
17.9
#1,144 of 1,523
Median Deposits per Institution
$112M
The median deposits booked by a single institution in the county. #792 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
55.7%
of county deposits held by banks with $100M to $100B in assets. #1,013 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Concentrated
60%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2020 to 2025)+18.8% over 5 years
$2.6B
2020
$3.0B
2021
$3.2B
2022
$3.1B
2023
$3.1B
2024
$3.1B
2025

Branches: 42 in 2020 to 41 in 2025. Institutions: 18 to 17. Top-three share: 59% to 60%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Citizens Bank of Las Cruces$861M27.4%6+50%
Wells Fargo Bank$750M23.9%5+2%
Bank of America$262M8.4%1+10%
First American Bank$163M5.2%3+13%
Pioneer Bank$145M4.6%3+38%
U.S. Bank$140M4.5%2+45%
First New Mexico Bank, Las Cruces$136M4.3%3+22%
PNC Bank$127M4.0%3-4%
BMO Bank$112M3.6%3-23%
Sunflower Bank$104M3.3%2+16%
Southwest Heritage Bank$100M3.2%1+78%
WestStar Bank$69M2.2%1+154%
Washington Federal Bank$65M2.1%1+12%
First Savings Bank$33M1.1%1+56%
Century Bank$30M0.9%1+27%
Bank of the Southwest$29M0.9%2+15%
First National Bank Texas$13M0.4%3+186%

The 17 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

Part of the El Paso-Las Cruces market

Doña Ana County is one of 3 counties that make up the El Paso-Las Cruces, TX-NM market, a Combined Statistical Area (ranked #72 of 293 U.S. markets by economic output). It produces 17.3% of the market’s output and holds 21.8% of its deposits.

MeasureDoña Ana CountyShare of parent market
2024 GDP$8.9B17.3%
Deposits$3.1B21.8%
Population229,09120.6%

View the full El Paso-Las Cruces market profile →

Recruiting in Doña Ana County

Deposits are split among a moderate number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Doña Ana County.

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