Pub. 20 2023 Issue 3

Former New Mexico Governor Bill Richardson Former governor, congressman and diplomat Bill Richardson passed away Saturday, September 2. Richardson had a long history in New Mexico politics, including serving two terms as governor. But he also worked on the national and international stage. Richardson was born in Pasadena, California and grew up in California and […]

John Anderson Selected for Best Lawyers in America John Anderson, NMBA Executive Vice President and Legal Counsel, has been selected in the 30th edition of the Best Lawyers in America for his expertise in Banking and Finance Law. Anderson has received this award for 28 consecutive years. Recognition by Best Lawyers is based entirely on

Thank You to Our Convention Sponsors! Diamond Sponsorship: $5,000Emerald Sponsorship: $3,000Platinum Sponsorship: $2,500Gold Sponsorship: $2,000Silver Sponsorship: $1,000 Wells Fargo BankDiamond Sponsor Federal Home Loan BankDiamond Sponsor Capital CDCEmerald Sponsor NFPPlatinum Sponsor BHGPlatinum Sponsor Banc Consulting PartnersGold Sponsor WestPayGold Sponsor ePay ResourcesSilver Sponsor Performance TrustSilver Sponsor ADTSilver Sponsor Texas Tech School of BankingSilver Sponsor Western BankSilver

Fraudsters are known to prey on victims when they are facing uncertainty, distress and anxiety. The current times are no different, as several recent bank failures and financial instability have left consumers feeling vulnerable about their personal and business finances. This heightened concern has created an environment where they may be more susceptible to being

We’ve all seen vacant and abandoned houses in our neighborhoods, downtown areas and throughout our communities. We also know that many New Mexicans are in need of affordable, quality homes. The New Mexico Mortgage Finance Authority (MFA) is working to simultaneously address these issues through its new Restoring Our Communities (ROC) Program. MFA launched the

In the current interest rate environment, hedging is proving to be a particularly useful tool to secure the interests of both banks and borrowers: the forward rate lock (FRL) hedge. PCBB’s SVP of Hedging Solutions, Femi Audifferen, explains why now might be a good time for community banks to get started with this lending solution

There are two high-profile economic stories currently in the news that, on first observation, would seem to indicate completely contradictory realities. The first story is the continual championing of “Bidenomics” by President Joe Biden’s economic team, a catch-all term that is supposed to encapsulate the current success and vigor of the American economy. The second

Farmers and ranchers today face numerous challenges: from the skyrocketing costs of materials to supply chain disruptions to difficulties purchasing rural land — all while interest rates are rising. As a result, many are relying more on credit than ever before. For those who are young, beginning or socially disadvantaged farmers, these obstacles can seem

The NMBA held its 111th Annual Convention at the beautiful Hyatt Regency Tamaya Resort on September 14-16. The event was a huge success! To get things rolling, we had a cocktail reception and vendor event at the Starlight Bowling Alley at the Santa Ana Resort and Casino. Ken Clayton, Western Bank Artesia, organized the event

How did you get started in banking? Like many of my peers, my journey into banking began unintentionally. I was raised in a tight-knit town of roughly 1,500 residents, where I developed a passion for the unique charm and intimacy only found in small-town life. As many young folks do, I left for college, initially