As of December 31, 2016, there are 42 credit unions in New Mexico. Of which, 22 are federally chartered and federally insured, 20 are state chartered and federally insured, and none is state chartered but not federally insured. The credit unions have a collective $10.08B total assets and $1.12B net worth. The credit unions in New Mexico service 826,519 members with a workforc of 2,367 full-time and 200 part-time employees. By December 31, 2016, credit union members in New Mexico have $8.84B deposited to and $6.83B borrowed from their credit unions.