New Mexico

Regulators have ordered Community 1st Bank Las Vegas in New Mexico to appoint a new chief executive and clean up its loan portfolio.

Los Alamos National Bank in New Mexico named community banking veteran John S. Gulas as its next chief executive officer.

TAOS, N.M. — After removing confidential credit union documents out of an unlocked courier van, a would-be thief was foiled by an off-duty police officer eating at a local drive-in restaurant here who spotted the alleged burglary in progress.

HOBBS, N.M. — After 18 months of heading two New Mexico credit unions 18 miles apart, CEO Mark Roddenberry is delighted $45 million Lea Community Federal Credit Union and $13 million Estacado Credit Union have officially merged.

Alamogordo Financial Corp. (ALMG) in Alamogordo, N.M., has agreed to pay more money to purchase Bank 1440 (BFFO) in Phoenix.

Capitol Bancorp said late Monday that it will sell its four remaining banks to Talmer Bancorp in Troy, Mich.

The Federal Reserve Board has ordered Trinity Capital Corp. in Los Alamos, N.M., to improve its capital position.

The Federal Reserve Board has released Raton Capital in Raton, N.M., from an enforcement action.

First ULB (FUBP) in Oakland, Calif., has agreed to buy Union Financial in Albuquerque, N.M.

Alamogordo Financial Corp. (ALMG) in New Mexico has agreed to buy Bank 1440 (BFFO) in Phoenix.

Four Corners Community Bank in Farmington, N.M., has agreed to buy Citizens State Bank of Cortez in Colorado.

The $755 million-asset New Mexico Banquest announced Friday it would be acquired by Strategic Growth Bancorp, an El Paso company founded by father-and-son team Bill and Pablo Sanders.

NCAL Bancorp in Los Angeles and Raton Capital in New Mexico have been hit with enforcement orders from the Federal Reserve Board that require them to stabilize their ailing bank subsidiaries.

Washington Federal Inc. in Seattle said Monday that it had completed its purchase of six Charter Bank branches and $254 million in deposits in New Mexico.

Washington Federal Inc. in Seattle is raising its profile in New Mexico with a deal to acquire six branches and $253 million of deposits from Charter Bank in Albuquerque.

Washington Federal Inc. in Seattle is raising its profile in New Mexico with a deal to acquire six branches and $253 million of deposits from Charter Bank in Albuquerque.

Regulators closed four banks late Friday, including the largest based in New Mexico, resulting in over $500 million of losses to the Deposit Insurance Fund.

The Cincinnati company will provide services including debit card processing, automated teller machine driving, fraud protection and card production to First New Mexico Bank of Deming, N.M.; Valley Bank of Commerce in Roswell, N.M.; and First State Bank of Mesquite, Texas. First New Mexico has 13 ATMs, Valley Bank has two ATMs and First State Bank has four ATMs.

First State Bancorp. has spent 16 months trying to convince buyers that its deposit franchise outshines its flaws, but its time to strike a deal might be dwindling.

First State Bancorp. in Albuquerque confirmed that its banking subsidiary was in discussions with potential investors about a recapitalization.