New Mexico

REGULATING AGENCY: New Mexico Regulation and Licensing Department; Financial Institutions Division

New Mexico State Capitol

LEAGUE: Credit Union Association of New Mexico

  • Juan Fernandez Ceballos, President/CEO
  • Website: cuanm.com

PRIVATE SHARE INSURANCE: No


2022 STATS 
  • Largest SCU: DEL NORTE CU $1B in assets
  • Largest FCU: NUSENDA FCU $3.9B in assets
Second Quarter 2022 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 18 22 40 45%
Credit Union Members 315,046 707,418 1M 31%
Credit Union Assets $4.4B $12.3B  $16.7B 26%

FUN FACT

This state’s capital, Santa Fe, is the highest capital in the country—sitting at 7,000 square feet above sea level. And in Santa Fe, the Palace of Governors, built in 1610, is one of the oldest public buildings in America.


RECENT NEWS
US Eagle Foundation to Award $10,000 in Classroom Grants

Aug. 23, 2022 — Applications for the 2022 enrichEd® Classroom grant program will be accepted from August 22 through September 16.

US Eagle Foundation’s enrichEd® program is in its fourth year. It is designed to support New Mexico public and charter school teachers by providing educators with $1,000 each for educational resources and classroom activities. The program addresses challenges New Mexico currently faces in terms of funding, resources, and innovation. Through this initiative, local schools are able to implement projects that excite curiosity and motivate children to learn.

New Mexico ranks next to last in public education nearly every year. “Teachers spend their own money in the classroom, trying to prevent students from falling behind. As leaders in our community, we feel compelled to step up and support them,” said US Eagle Federal Credit Union President/CEO Marsha Majors.

The enrichEd® Classroom Grant can be used for books, technology, equipment, school supplies, and other items to enrich the classroom experience. “We don’t want to limit their creativity; we want to encourage new ways of learning.”

“We have received incredibly creative submissions in the past few years and are excited to learn about all the innovative projects they come up with this year,” said US Eagle Foundation’s Executive Director Nadine Buerger.

Visit our blog to read about the 2021 awardees and their projects.


STORY ARCHIVE

Click here to take a look at the stories that have been collected over the years in New Mexico.

What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!