Pub. 17 2020 Issue 1

Issue 1 • 2020 19 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 BANK NEWS First National 1870 Bank Rebranded as Sunflower Bank in El Paso and Las Cruces First National 1870 Bank locations in El Paso, Texas, and Las Cruces will now be known as Sunflower Bank. First National 1870 Bank is a division of Denver, Colora - do-based Sunflower Bank NA. Account numbers, debit cards, credit cards, checks, automatic payments and all banking transactions will remain the same, but the bank is encouraging custom- ers to start visiting SunflowerBank.com to access online banking. The company’s banks in Santa Fe, Los Alamos and Albuquerque, New Mexico, will continue to be known as First National 1870 to honor the bank’s unique heritage in the region. As the “1870” suggests, the bank is celebrat - ing its 150th anniversary this year. Originally the First National Bank of Santa Fe, it was rebranded First National 1870 when it merged with Sunflower Financial Inc. in 2017. The rest of the company’s banking offices are known as Sunflower Bank, which also operates in Arizona, Colo - rado, Kansas and Missouri. Enterprise Bank & Trust Launches Los Alamos High School Scholarship Program Enterprise Bank & Trust has developed a new schol- arship program for graduating seniors from Los Alamos High School. Applicants are evaluated by the bank’s com- mittee based on academic excellence, leadership experi- ence and community volunteer work. The deadline for this year’s applications was April 1. “This is our first year for the program and we are excit - ed to support the educational aspirations of seniors at Los Alamos High School,” says Liddie Martinez, Los Ala- mos market president. Enterprise Bank & Trust operates 34 branch offices in Arizona, Kansas, Missouri and New Mexico. New Mexico Banks Receive $18,000 in Distributions from American Bankers Mutual Insurance, Ltd. American Bankers Mutual Insurance, Ltd., the re- insurer for the directors and officers (D&O) bond and cyber insurance program endorsed by American Bankers Association (ABA) and New Mexico Bankers Association (NMBA), declared a $2.5 million distribution to be shared by qualified ABA member banks insured through ABA Insurance Services, a member of Great American Insur- ance Group. This is the 30th consecutive year that the industry’s leading professional liability and bond insurance provider has declared distributions to eligible ABA member banks, bringing the total to $88.8 million since the program’s in - ception. $785,000 of that has been shared with New Mex - ico banks. Banks that purchase their D&O, bond, cyber and related insurance from this program and are current ABA members are eligible to receive a distribution. “This program is a fantastic opportunity for banks to maximize the value of their ABA membership,” said Rob Nichols, ABA president and CEO. “Not only does it offer a stable, reliable source of insurance but it provides mean- ingful distributions year after year.” “What sets this program apart in the industry is the fact that it is solely focused on the needs of the bank- ing industry, leveraging experienced underwriters with financial industry backgrounds,” said Gary Hemmer, chairman of American Bankers Mutual Insurance Ltd. and president and CEO of First National Bank of Water- loo in Waterloo, Illinois “This 30th consecutive distri - bution exemplifies the program’s strength and success servicing America’s banks.” Visit us online! www.nmbankers.com www.facebook.com/pages/New-Mexico-Bankers-Association/371559049590485