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Independent Community Bankers Association of New Mexico

The Independent Community Bankers Association of New Mexico was founded in the mid 1980's by a group of New Mexico bankers concerned with the expansion of large, national and regional banks into the state.

The members of ICBA/NM retained government relations professionals to represent them during a period in which proponents of interstate banking sought legislative authority to expand into New Mexico. After several years of long, bitter battles the New Mexico Legislature eventually allowed interstate banking.

The organization continues to support retention of the "Dual Banking System" - a system of state-chartered and federally-chartered banks.

There are forty seven chartered institutions in New Mexico that are eligible for membership in ICBA/NM. All forty seven of these banks are ICBA/NM members.

The offices of ICBA/NM are located in Farmington, New Mexico.