Part of the First State Bank chain · locations
First State Bank logo

First State Bank in Socorro, NM

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At 103 Manzanares Ave E, First State Bank in Socorro, NM provides banking services for the local community.

Data compiled from public sources

First State Bank Review

First State Bank's Socorro branch is located at 103 Manzanares Ave E, a standalone facility in Socorro, NM. This downtown location makes it accessible to residents and businesses in the area.

The Socorro location offers standard banking services including deposits, withdrawals, and account management. Contact the branch at 103 Manzanares Ave E for current hours and to confirm all available services.

For Socorro residents and businesses, this branch provides a convenient place to handle everyday banking needs. Bring your ID and any relevant account documentation when visiting.

Services & Features

Business checking accounts
Business credit cards
Business lending products
Business mobile banking (FSBig on Biz app)
Business savings accounts
IRAs and retirement accounts
Mobile banking (FSBig on Mobile app)
Mortgage loans and refinancing
Online digital banking platform
Personal checking accounts
Personal credit cards
Personal lending products
Personal savings accounts
Surcharge-free ATM network (14 locations)
Video call banking

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • 14 ATMs with listed network fee context across Socorro and Catron Counties for cardholders
  • Established institution with 70+ year history serving the same two-county region
  • Reports serving more than half of businesses in Socorro and Catron Counties
  • Mobile banking apps (FSBig on Mobile and FSBig on Biz) for convenient account access
  • Video call banking option for remote customer service
  • Online digital banking platform for account management from anywhere
  • Routing number publicly available (112201959) for direct deposits and transfers

Cons

  • Geographically limited to Socorro and Catron Counties, NM only — not accessible to out-of-region customers
  • No specific APR rates, fees, or product terms disclosed on website, making comparison difficult
  • Limited business hours (Mon-Fri 9am-5pm, closed weekends) restrict customer access
  • Website does not specify minimum balances, deposit requirements, or eligibility criteria for accounts
  • No mention of FDIC insurance limits or account protections beyond reference to FDIC Call Center

State Consumer Finance Context

This is state-level context for Banks consumers in Socorro, NM. It does not confirm that First State Bank or this specific location is licensed.

State regulator

New Mexico Regulation and Licensing Department - Financial Institutions Division

Key state rules to check

  • SB 66 (2023) capped all consumer loans at 36% APR including fees, effectively banning payday lending.
  • Prior to 2023, payday loans were allowed up to $2,500 with high fees.
  • Licensed small loan companies must comply with the new 36% cap.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does First State Bank offer?

First State Bank offers 15 services including Personal checking accounts, Business checking accounts, Personal savings accounts, Business savings accounts, Personal lending products, and 10 more.

What profile signals are listed for First State Bank?

First State Bank has profile signals associated with Small business owners in Socorro or Catron Counties seeking personalized lending relationships, Residents of Socorro and Catron Counties looking for local community banking with relationship-based service, Customers who value established local institutions with deep community roots over national chains, Individuals and businesses already operating in the Socorro/Catron area seeking convenient ATM access.

What are the strengths and weaknesses of First State Bank?

Key strengths: 14 ATMs with listed network fee context across Socorro and Catron Counties for cardholders; Established institution with 70+ year history serving the same two-county region; Reports serving more than half of businesses in Socorro and Catron Counties. Areas to consider: Geographically limited to Socorro and Catron Counties, NM only — not accessible to out-of-region customers; No specific APR rates, fees, or product terms disclosed on website, making comparison difficult.

How does First State Bank compare to similar companies?

In the Banks category, comparable providers include American Heritage Bank, Centinel Bank of Taos, Century Bank. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Founded
1947
Headquarters
Socorro, NM
BBB Accredited
No
Certifications
FDIC Insured FDIC Cert #16600
Visit First State Bank

CreditDoc Profile Note

Research Note on First State Bank

First State Bank is profile signals for customers with ongoing banking needs in Socorro or Catron Counties, NM who prioritize personal relationships and local decision-making over the convenience of national branch networks. The main caveat is strict geographic limitation — this bank does not serve customers outside its two-county footprint, making it inaccessible to most consumers seeking regional or national banking options.

Profile Signals

  • Small business owners in Socorro or Catron Counties seeking personalized lending relationships
  • Residents of Socorro and Catron Counties looking for local community banking with relationship-based service
  • Customers who value established local institutions with deep community roots over national chains
  • Individuals and businesses already operating in the Socorro/Catron area seeking convenient ATM access
Updated 2026-05-08

Similar Companies

American Heritage Bank logo

American Heritage Bank

Review this provider profile and compare source-linked details before choosing what to do next.

BBB: NR

Profile signals: Local banking with personal service, Review this provider profile and compare source-linked details before choosing what to do next.

Centinel Bank of Taos logo

Centinel Bank of Taos

FDIC-insured community bank in Taos, New Mexico, founded in 1969, offering personal and business banking services with local decision-making and personalized service.

BBB: NR

Profile signals: Taos County residents seeking local relationship banking with community-focused decision-making, Small business owners in northern New Mexico needing lending from lenders with local market insight

Century Bank logo

Century Bank

FDIC-insured community bank offering checking, savings, CDs, home equity lines of credit, commercial lending, and wealth management services with a focus on local Santa Fe community support.

BBB: NR

Profile signals: Santa Fe-area residents seeking community-oriented banking with local relationship management, Small business owners requiring commercial lending with dedicated banker support

Compare Your Needs With First State Bank

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Quick Summary

  • First State Bank is listed as a Banks provider in Socorro, NM on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

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