Issue 2 • 2022 25 505-843-9232 | www.ELCDC.com Enchantment Land CDC is a local non-profit that assists in the growth and development of small businesses in New Mexico and El Paso, offering local expertise and local decisions on SBA 504 loans. Empowering the Local Economy Paul DiPaola, U.S. Bank New Mexico Region President, Announces Retirement After 39 years in banking, Paul DiPaola, U.S. Bank New Mexico region president, announced his retirement effective June 3, 2022. The veteran banker led 24 branches and over 200 employees throughout the state of New Mexico. He was named region president in 2011, following roles in bank administration, marketing and commercial lending. DiPaola has been with U.S. Bank and its predecessor companies since 1994. “Paul is an excellent leader and has developed a firstclass team in New Mexico,” said Liesl Schmidt, region executive for U.S. Bank. “Throughout his career, he has been an invaluable asset to the bank and his peers, clients, and community.” DiPaola earned a business administration degree from Eastern New Mexico University and is a graduate of the New Mexico School of Banking and Leadership New Mexico. In 2018, he was named as a Leader New Mexico Distinguished Alumnus. Deeply committed to the community, DiPaola has served on the boards of almost every major business-related organization in Albuquerque, Rio Rancho, and in other cities across New Mexico. He is a member of the New Mexico Amigos and currently serves as a board member for the Albuquerque Chamber of Commerce and Albuquerque Regional Economic Alliance. Additionally, he is an Albuquerque Community Foundation Trustee. Paul served as NMBA President from 2015-2016. n
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