OVER A CENTURY: BUILDING BETTER BANKS — HELPING NEW MEXICO REALIZE DREAMS 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; providing 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. ©2026 New Mexico Bankers Association (NMBA) | The newsLINK Group LLC. All rights reserved. New Mexico Bankers Digest is published four times per year by The newsLINK Group LLC for NMBA and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of NMBA, its board of directors or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. New Mexico Bankers Digest is a collective work, and as such, some articles are submitted by authors who are independent of NMBA. While a first-print policy is encouraged, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at (855) 747-4003. PRESIDENT’S MESSAGE 4 For the Love of New Mexico By Max Myers, President, New Mexico Bankers Association EXECUTIVE VICE PRESIDENT’S MESSAGE 6 Why We Must Regulate and Use Artificial Intelligence Responsibly By John W. Anderson, Executive Vice President, New Mexico Bankers Association, with Mark Anderson WASHINGTON UPDATE 8 Opportunities Ahead: The Outlook for Banks in 2026 By Rob Nichols, President and CEO, American Bankers Association 10 SW Graduate School of Banking Announces 2026 Programming 12 Saving Homes, Supporting Communities How Housing New Mexico Is Preserving Affordable Homes By Kristie Garcia, Director of Communications & Marketing, Housing New Mexico 14 Hiding Economic Data: For Whom and What Purpose? By Mark Anderson, Legal and Legislative Assistant, NMBA 18 Regulatory Shakeup for Digital Dollars By Michael A. Johnson, SVP & Southwest Regional Manager, PCBB 20 Choosing a Deposit Network and Maximizing Its Value for Your Bank By Steve Kinner, Senior Managing Director, IntraFi 22 UMB Donates $750,000 to Benefit New Mexico-Based Nonprofits Our Mission CONTENTS 2025-2026 NMBA Board of Directors President Max Myers Century Bank 100 S. Federal Pl. Santa Fe, NM 87501 President-Elect Aaron Emmert Pioneer Bank 3000 N. Main St. Roswell, NM 88201 Secretary-Treasurer Elizabeth Earls Capra Bank 400 Tijeras Ave. NW Albuquerque, NM 87102 Immediate Past President Kyle Beasley Bank of Albuquerque 100 Sun Ave. NW, Ste. 500 Albuquerque, NM 87109 Executive Vice President John Anderson NM Bankers Association 316 Osuna Rd. NM, Ste. 502 Albuquerque, NM 87107 TERMS EXPIRING 2026 Scott Czarniak First National 1870 7300 Jefferson St. NE Albuquerque, NM 87109 J. Chesley Steel Southwest Capital Bank 1410 Central Ave. SW Albuquerque, NM 87104 Sheila Matthews Four Corners Community Bank 500 W. Main St., Ste. 101 Farmington, NM 87401 TERMS EXPIRING 2027 Nicole Noto Wells Fargo Bank N.A. 200 Lomas Blvd. NW, 12th Fl. Albuquerque, NM 87102 Jay Jenkins CNB Bank PO Box 1359 Carlsbad, NM 88220 Jason Wyatt Western Commerce Bank 212 N. Canal St. Carlsbad, NM 88220 TERMS EXPIRING 2028 Paul Mondragon Bank of America 2125 Louisiana Blvd., Ste. 120 Albuquerque, NM 87110 Mark Horn Pinnacle Bank PO Box 1729 Gallup, NM 87305 Ken Clayton Western Bank 320 W. Texas St. Artesia, NM 88210 3
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