Los Alamos Community Bank customers can rest easy, according to New Mexico Bank and Trust’s regional manager, Alan Austin.
According to Austin, customers should see relatively little change in the way they bank now and how they will be banking as customers of New Mexico Bank and Trust.
In April, Heartland Financial USA Inc., the parent corporation of New Mexico Bank and Trust, announced a merger with Community Bancorporation of New Mexico Inc. By November, Los Alamos’ Community Bank, located at 1475 Central Avenue, will become a New Mexico Bank and Trust.
“We are excited about the prospect of expanding our New Mexico franchise,” said Lynn B. Fuller, Chairman and CEO of Heartland, in a written statement. “Community Bank is an excellent fit for our community banking business model, and its locations match our desire to ‘fill-in’ attractive areas in or close to our existing geographies. Community Bank solidifies our presence in Santa Fe, while bringing the opportunity to serve new commercial and retail customers in Española and Los Alamos.”
As a result of the merger, Heartland will be taking over all of Community Bank’s offices in New Mexico, including those Santa Fe, Los Alamos, Española, Rio Arriba and Albuquerque.