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The power of a CDFI

Independent Banker

“Our mission as a CDFI, obviously, is serving low-income census tracts, as well as [helping] the population who haven’t been historically included in the banking world,” he says. The majority of the FSWCF’s loan programs are dedicated to small businesses in rural Colorado, New Mexico and the Navajo Nation.

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Rebeca Romero Rainey: Create opportunities for new leaders

Independent Banker

Having that door opened to me unleashed a passion to do more to help community banks flourish. In my late 20s, I was honored to join the Board of the Independent Community Bankers of New Mexico, where I focused on ways I could help meet our state’s community banking needs. Where I’ll be this month.

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Another 44 Banks And Credit Unions Sign Onto Apple Pay

PYMNTS

City State Bank. Comenity Capital Bank. Commercial Bank. FNB New Mexico. Jersey Shore State Bank. Luzerne Bank. Mabrey Bank. Meadows Bank. Pendleton Community Bank. Peoples Bank (OH). Phoenixville Federal Bank & Trust. Premier Bank (MN).

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Union in Va. Names Asbury Its Next CEO

American Banker

said Wednesday that John Asbury, formerly of First National Bank of Santa Fe in New Mexico, will be its next CEO. Union Bankshares in Richmond, Va.,

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N.M. Bank Sells Insurance Unit to Hub International

American Banker

First National Bank of Santa Fe in New Mexico has sold its insurance business, First Santa Fe Insurance Services, to Hub International, a brokerage based in Chicago.

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15 Minutes With … Jimmy Rasmussen

Independent Banker

IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. Rasmussen: I talk about community bank regulatory burden at every meeting.

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Dodd-Frank Pullback To Benefit SMEs, Says Donald Trump?

PYMNTS

Trump, speaking at a meeting Thursday (March 9) with community bankers, along with National Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin, said community banks are critical to the economic health of their communities and to providing small businesses with access to capital.