Pub. 21 2024 Issue 2

Former New Mexico banker Sarah D’ion Johnson passed away on May 12, 2024. The cherished daughter of former NMBA President and State Senator Don Kidd and his wife Sarrah Kidd, D’ion was born in San Angelo, Texas. She was raised in Carlsbad, where she excelled in school and became an accomplished equestrian. D’ion returned to […]

Heritage Trust Strengthens Leadership Team Heritage Trust, New Mexico’s longest-operating independent trust company, recently announced the appointment of Stella Edens Pederson as its new president. With an illustrious career spanning over three decades in the legal and financial sectors, Stella brings unparalleled expertise and leadership to her new role at Heritage Trust. “We are delighted

Building your institution’s culture takes time. There may be highs and lows, but if you prioritize listening to and engaging within your team, you will persevere. We all know how hard it is to attract and retain top talent in the competitive community bank market. As a chief people officer, I have seen the value

Finding the right price for a customer’s deposits or loans can be a difficult balance. Relationship pricing involves looking at your customer’s entire relationship of loans, deposits, fee income and other products to determine the customer’s overall profitability and using this information to make strategic decisions on pricing for renewals or new products. This pricing

A card is either a credit card or a debit card. What about a home equity line of credit (HELOC) access card? Is that a credit card or a debit card? Or something in between? If it’s in between, does Regulation E apply? Regulation Z? It is easy to talk yourself in circles, but let’s

When the New Mexico Mortgage Finance Authority (MFA) was created by the state legislature in 1975, its mission was to provide affordable mortgage loans to low-income New Mexico families. Fast forward to nearly 50 years later — MFA offers much more than mortgages, including various home rehabilitation programs to help New Mexicans stay in safe,

However the elections shake out in November, ABA’s focus will remain unchanged: supporting a policy environment that supports America’s banks in their mission to supply credit to their customers, clients and communities. The banking agencies are tasked with writing and implementing regulations for the laws enacted by Congress, but they do not have free reign.