July 28, 2025

New Mexico Banks Receive $26,661 in Distributions from American Bankers Mutual Insurance Ltd. American Bankers Mutual Insurance Ltd. (ABMI), the reinsurer for the insurance program co-endorsed by the American Bankers Association (ABA) and New Mexico Bankers Association (NMBA), declared a $3.8 million annual distribution to be shared by qualified ABA member banks insured through ABA […]

Bill Archibeck passed away on May 26, 2025. He was born on September 22, 1937, in Albuquerque. A proud native son, Bill deeply loved his hometown and its people. He spent the majority of his life in Albuquerque, raising a family, working hard, serving his community and making hundreds of friends along the way.

No, I’m not referring to the bananas you’ll find in the grocery store, but the kind you’ll see on a baseball diamond!

The rise of digital banking and fintech platforms has transformed depositor behavior, making it increasingly important for community banks to adapt their strategies to manage the cost of funds and remain competitive. This challenge has been a top concern for community banks in recent years, as rising rate sensitivity, digital banking adoption and evolving depositor expectations continue to reshape the industry. To stay ahead, community banks must understand these structural shifts and develop sustainable funding strategies.

A truism in historical, political and media analysis is that our current times are often defined by decisions or factors long in the past that are rarely discussed anymore, and are sometimes even relegated to the dustbin of obscurity. While some current problem rankles our modern society, its root causes can often comfortably exist in relative anonymity in the past, and current pundits are often left to present a kind of context-free, history-free version of events that leaves the reader or viewer in a fog of uncertainty and mystification.

For many bank executives, meeting the Community Reinvestment Act (CRA) requirements can feel like solving an intricate puzzle.

It was April 10, 1975, when Gov. Jerry Apodaca signed House Bill 88 during the state’s 32nd legislature, enacting the Mortgage Finance Authority Act and creating the New Mexico Mortgage Finance Authority. Housing New Mexico — which the organization rebranded to last year — commemorated its 50th anniversary at a press conference on April 10, 2025. Two 1975 representatives — Adele Cinelli Hundley and Raymond Sanchez, who was also speaker of the House — spoke at the press conference. Cinelli Hundley recruited Sanchez and the late Rep. Edward Lopez to get the proposed housing agency legislation passed 50 years ago.

We are halfway through 2025, and while there have been several significant developments — from the escalation of geopolitical tensions abroad to economic uncertainty at home — there’s a positive message I want to send to bankers: Our agenda is moving forward.