New Mexico
REGULATING AGENCY: New Mexico Regulation and Licensing Department; Financial Institutions Division
New Mexico State Capitol
- Mark Sadowski, Director
- Rebecca Moore, Deputy Director
- Website: rld.state.nm.us/financialinstitutions/
LEAGUE: Credit Union Association of New Mexico
- Melia D. Heimbuck, President/CEO
- Website: cuanm.com
PRIVATE SHARE INSURANCE: No
2023 STATS
- Largest SCU: STATE EMPLOYEES CU $1.15B in assets
- Largest FCU: NUSENDA FCU $4.35B in assets
| Fourth Quarter 2023 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 18 | 22 | 40 | 45.00% |
| Credit Union Members | 0.33M | 0.75M | 1.08M | 30.41% |
| Credit Union Assets | $4.71B | $13.22B | $17.93B | 26.26% |
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
Credit Union Association of New Mexico News:
November 16, 2023 –– The Credit Union Association of New Mexico has announced the appointment of Dwayne Herrera to its Board of Directors. As the President & CEO of the Los Alamos-based Zia Credit Union, Herrera brings a wealth of experience and a proven track record of success in the credit union industry.
“Herrera is a respected leader in the credit union community, known for his innovative approach and deep commitment to the principles of cooperative finance. His career includes senior-level positions at Del Norte Credit Union and State Employees Credit Union. Herrera holds an MBA and a Masters in Human Resource Management. He is a Certified Senior Executive through the Credit Union Executive Society (CUES), holds CUNA Mortgage Lending Certifications and is a proud graduate of the Western CUNA Management School, class of 1995.
President & CEO Melia D. Heimbuck of the Credit Union Association of New Mexico expressed her enthusiasm about the new appointment.
“Great things are happening in New Mexico, and the appointment of Dwayne to our Board of Directors is just one more example of why,” she said. “His extensive knowledge of the New Mexico credit union movement, strategic insight, and dedication to serving our community make him an invaluable asset to advancing credit union success.”
STORY ARCHIVE
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