Pub. 15 2018 Issue 3

4 O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G N E W M E X I C O R E A L I Z E D R E A M S The NewMexico Bankers Association is proud to present THE NEW MEXICO BANKERS DIGEST as a benefit of membership in the Association. No member dues were used in the publishing of this news magazine. All publishing costs were borne by advertising sales. Purchase of any products or services from paid advertisements within this magazine are the sole responsibility of the consumer. The statements and opinions expressed herein are those of the individual authors and do not necessarily represent the views of NEWMEXICO BANKERS ASSOCIATION , or its publisher The newsLINK Group, LLC. Any legal advice should be regarded as general information. It is strongly recommended that one contact an attorney for counsel regarding specific circumstances. Likewise, the appearance of advertisers does not constitute an endorsement of the products or services featured by The newsLINK Group, LLC. Our Mission The mission of the New Mexico Bankers Association (NMBA) is to serve member bank needs by acting as New Mexico banking’s representative to government, the public, and the industry; pro - viding resources, education and information to enhance the opportunities for success in banking; promoting unity within the industry on common issues; and seeking to improve the regulatory climate to the end that banks can profitably compete in the providing of financial and related products and services. 2018 NMBA Board of Directors President John Gulas Los Alamos National Bank PO Box 60 Los Alamos, NM 87544-0050 President-Elect Jason Wyatt Western Commerce Bank 212 North Canal Street Carlsbad, NM 88220 Secretary/Treasurer Ron Wiser Bank of the Southwest PO Box 1638 Roswell, NM 87202-1108 Immediate Past President Michael Lowrimore Bank of the West 303 Roma Avenue, NW Albuquerque, NM 87102 Executive Vice President John W. Anderson New Mexico Bankers Association 316 Osuna NE, Suite 502 Albuquerque, NM 87107 Term Expiring 2019 Sheila Matthews Four Corners Community Bank 500 W. Main Suite 101 Farmington, NM 87401 Steve Muell First National Bank 414 10th St. Alamogordo, NM 88310 Jay Jenkins Carlsbad Nation PO Box 1359 Carlsbad, NM 88220 Term Expiring 2020 Stephen Puntch Pioneer Bank PO Box 130 Roswell, NM 88202 Danny Beyhan The Citizens Bank, Farmington PO Box 4140 Farmington, NM 87499 Lonnie Talbert Southwest Capital Bank 1410 Central Ave, SW Albuquerque, NM 87104 Term Expiring 2021 Scott Czarniak First National 1870 7620 Jefferson St., NE Albuquerque, NM 87109 David Hockmuth Wells Fargo Bank, NA 200 Lomas, NW Albuquerque, NM 87102 Mark Horn Pinnacle Bank 107 W. Aztec Ave. Gallup, NM 87301 ISSUE32018 PAGE 5 President’sMessage – JohnS.Gulas WhatHappens toAllMyStuff... When I die? PAGE 18 Update ofSBA 504 LoanProgram PAGE 14 PhotoCredit: JimRenfrow PAGE 19 TheDos and Don’ts ofDeposit Advertising 5 PRESIDENT'S MESSAGE By John S. Gulas, New Mexico Bankers Association President, Los Alamos National Bank 8 EXECUTIVE VICE PRESIDENT’S MESSAGE By John W. Anderson, Executive Vice President, New Mexico Bankers Association 12 WASHINGTON UPDATE - NEW BANKS AS BELLWETHERS By Naomi Camper, ABA Chief Policy Officer 14 WHAT HAPPENS TO ALL MY STUFF WHEN I DIE? By Mary Ann Cuneo, JD and John Attwood, NCG, Zia Trust, Inc. 16 TARIFFS AND TRADE WARS: EXAMINING THE CONSEQUENCES By Mark Anderson, Legal and Legislative Assistant, New Mexico Bankers Association 18 UPDATE OF SBA 504 LOAN PROGRAM By Lorena Chavez, Capital CDC 19 THE DOS AND DON’TS OF DEPOSIT ADVERTISING By Daniela Clark, Compliance Alliance 22 INTERNATIONAL BANK ACQUIRED BY SEASONED OWNERSHIP GROUP OF BANKING EXECUTIVES By Raymond James & Associates Inc. 24 BANKERS ON THE MOVE 25 BANK NEWS