Chartered on Nov. 2, 1928, during the great oil boom days the original Lea County State Bank of Lovington played an important part in the early development of this area. Dedicated to the people of Lea County, the bank adopted their pioneer spirit. The banks name was shortened to Lea County State Bank in April of 1938. The bank subsequently changed ownership in 1959 and became known as First Interstate Bank of Lea County in 1981. In September 1991, the bank was purchased by a group of local investors. The name was officially changed to Lea County State Bank. Services offered by the bank include checking products, savings products, credit cards, online banking, student loan information, and ICBA gift and travel cards. It is headquartered in Hobbs, N.M.