Welcome to the Independent Community Bankers Association of New Mexico!
Community banking is not just about the consumer choice, it's a spirit that drives our entire industry.
ICBA/NM's member banks are headquartered in communities all across our state. Our roots run deep. New Mexico's community banks employ thousands of New Mexicans, provide professional, personal financial services for consumers and small businesses, and make banking decisions right where their customers live and work. That's an important distinction in today's marketplace. Further, community bank directors, officers, and employees take an active interest in their communities are deeply committed to the neighborhoods they serve.
ICBA/NM believes these contributions to our communities are well worth preserving. It's all part of the Spirit of Community Banking.
We proudly join thousands of community banks across the nation and are an active member and supporter of the Independent Community Bankers of America, the nation's voice for community banking.
The Independent Community Bankers Association of New Mexico (ICBA/NM) was organized in 1984 and has become the primary voice in the Land of Enchantment representing community banking interests before state and federal lawmakers and regulators.
Our member banks are independently owned and operated and hold more than $16 billion in deposits at over 220 locations across the state.
ICBA/NM was founded to oppose the expansion of large, national and regional banks into the state through passage of legislation permitting interstate banking. After several years of long, bitter battles the New Mexico Legislature eventually allowed interstate banking. The result has been a dramatic reduction in the number of independent, home-owned community banks.
The organization continues to support retention of the "Dual Banking System” – a system of state-chartered and federally-chartered banks. ICBA/NM also assists the industry in securing cutting edge products, services, and technologies to enable New Mexico’s community banks to effectively compete in the national and regional financial services market.
There are thirty-four chartered institutions in New Mexico eligible for membership in ICBA/NM. All thirty-four of these banks are ICBA/NM members.
The offices of ICBA/NM are located in Farmington, New Mexico.
Doug Stone, Executive Vice President of James Polk Stone Community Bank in Portales is Chairman of the Independent Community Bankers Association of New Mexico.
Our Chairman-Elect is Jennifer Weller, Chief Operating Officer of Citizens Bank in Farmington, New Mexico.
Jed Fanning, President & Chief Executive Officer of Citizens Bank in Las Cruces, New Mexico is our Vice Chairman.
Our Secretary/Treasurer is Joshua Grassham, Chief Credit Officer of Lea County State Bank in Hobbs, New Mexico.
Christopher Palmer, President & Chief Executive Officer of Pioneer Bank in Roswell, New Mexico serves as our Immediate Past-Chairman.