Pub. 20 2023 Issue 4

Former NMBA President Ken Clayton Serving as Vice-Chair of ABA Government Relations Committee Ken Clayton, CEO and President of Western Bank Artesia and former NMBA President, is serving as vice-chair of the ABA Government Relations Committee and will serve as the committee chair in 2024. Elizabeth Earls, New Mexico Bank and Trust, represents New Mexico […]

Highly Successful New Mexico Businessman Mack Chase Passes Away at 92 Successful New Mexico businessman Mack Chase passed away on October 2, 2023, in Artesia, NM, at the age of 92. Chase made his mark in the oil and gas industry and other endeavors, including Chase Farms, Chase Pecans, Caza Ranches and others. Mack was

The New Mexico Mortgage Finance Authority (MFA) is a self-supporting quasi-governmental entity that provides financing and housing programs for low- to middle-income New Mexicans. Using funding from housing bonds, tax credits and other federal and state agencies, MFA provides resources to build affordable rental communities, rehabilitate aging homes, supply down payment assistance and affordable mortgages,

A constant subject in American economic and political media discourse is the question, “Why do many average Americans not seem to agree when economists, politicians and pundits insist that the American economy is strong and showing signs of serious growth and improvement?” There is a persistent chasm between the positive economic news that is presented

The Federal Reserve’s FedNow® Service, an instant payments rail that launched this past July, was a long time in the making. As you dive into the faster payments space, you probably have a few questions about how the FedNow Service was created. What were the criteria, who was in the room and — most importantly

Whenever a new election cycle comes along, it’s not uncommon to hear pundits make mention of “red waves” or “blue waves,” denoting potential power swings in Congress. But as bankers contemplate the future of our country and the policy environment that will shape the future of our industry, there’s another wave that we need to

One of the more controversial and contentious legislative issues addressed by various state legislatures in 2023 concerned ESG-related legislation. But what actually is ESG? It stands for environmental, social and governmental. It is a concept used by investors in capital markets to measure the sustainability and ethical impact of an investment in a company. According

Upon assuming the role of president of the association, my predecessors had shared their experiences of the annual statewide journey undertaken before each legislative session. Initially, their descriptions left me uncertain about what to expect from this tradition. However, having completed the journey, I can now affirm its value and wish to share my insights.