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Steve Wells figured it was time.
Last week, Wells notified the Chief Executive Officer and Chairman of the Board of Directors of Los Alamos National Bank and Trinity Capital Corporation of his intent to retire as President and Chief Administrative Officer of LANB and Secretary of Trinity effective Dec. 31.
Wells serves as President and Chief Administrative Officer for LANB and as Secretary of Trinity, as well as a director on the boards of both Trinity and LANB. Wells has been employed with LANB since 1985. He served as Executive Vice President from 1985 to 1994, when he was named President.
“My time with Steve has been very beneficial. We share a common passion for our customers, shareholders, employees and the community,” said John S. Gulas, CEO and President of Trinity and CEO of LANB. “Steve has been a great asset to me and LANB. I look forward to working with him over the next four months as we strategically plan for the bank’s future.”
Regarding his retirement, Wells said, “I feel fortunate to have worked with so many amazing, dedicated and wonderful people during my 30 years at LANB. We have accomplished great things, helped build one of the most successful community banks in New Mexico, and, together, earned the prestigious, Malcolm Baldride National Quality Award — the only bank in the nation recognized among the likes of Motorola and Ritz-Carlton.”
Wells has been in the banking business for 38 years and he figured it was time for him personally to move on to other things in his life.
Wells has a granddaughter who is 4 and a grandson who is one and his wife is an elementary school teacher at Aspen Elementary.
“I am not going anywhere but it is time for me to work on some other things in my life,” Wells said. I want to spend time with my life. I want to enjoy Los Alamos. I want to hike the trails and ride my bike. There are no guarantees in life.”
“I look forward to being just another satisfied customer and living in a community made better because of the way LANB does business.”
Jerry Kindsfather, Chairman of the Board of LANB and Trinity said, “I have known and worked with Steve for nearly 30 years. His dedication to LANB and his commitment to the communities he serves is evident in the success of the bank and the economic growth in these communities. I wish Steve and his wife, Sheri, all the happiness that retirement will bring. “
It’s been a rough couple of years for the bank as it has had to deal with a number of regulatory issues.
“I wanted to retire earlier but it was not the right time,” Wells said. “We have a new CEO and he has gotten his feet on the ground. Now the timing is right and I am looking forward to the next stage of my life.”