“Otero Federal Credit Union is a not for profit financial institution owned and controlled by the people who use its services. These people are members. OFCU was federally charted on March 5, 1953. In the summer of 1973, the credit union opened its first Roswell branch, the South Main office. In 2001, the North Main branch was built to better serve Chaves and the surrounding counties. The assets of OFCU have continued to grow since its early days of 1953 and currently are over 417 million in assets, with a membership of over 35,000 members. OFCU is a full service financial institution serving Otero, Lincoln, Chaves, and Eddy County. OFCU is your one stop shop for all your financial needs. Auto Loans, Mortgage Loans, Personal Loans, Credit Cards. We also have your basic needs Savings, FREE Checking, FREE Debit Card and FREE online/mobile banking.