President’s Letter

We have just completed our 60th year in business, serving the communities of Alamogordo, Tularosa, Cloudcroft, Ruidoso and Artesia, New Mexico.

 We had a very busy fourth quarter to round out our year for 2016. The Bank continues to do well and we thank you our customers for that.  We expect many challenges in 2017 and are working very hard to ensure we meet them head on to continue to provide you with the services and products you have come to expect.

 As we previously reported, we are preparing for mobile banking and we expect to be rolling that out very soon as we are testing the product now and expect to be offering it to our customers very soon.

 During the fourth quarter of 2016 our Associates were again very involved in community activities. The Bank held its annual Charity Art Auction to benefit local charities and our team of Associates contributed over $7,000 to this year’s beneficiary, the Boy’s and Girl’s Club of Otero County. We also held the Third Annual Lady of the Mountain Run, which includes a one mile fun run, to 5K and 10K races and highlighted with a half-marathon race. This event continues to grow annually and this year we had runners from all over the country, Mexico and Japan participating. This event benefits needs based scholarships for the New Mexico State University – Alamogordo campus.

 We are preparing to kick off our monthly Lunch and Learn Series again this month and we have an exciting slate of programs scheduled for this year. We hope you will be able to join us for these very informative programs. They are held in the Bank’s main office atrium. It is typically well attended, very informative and everyone has a good time. We hope to see you there again as we start up in January.

 The elections are over, there has been a change of administrations in the White House and we are all anxious to see the direction our economy takes. We continue to see challenges within our local economies as businesses in general are hesitant to make capital expenditures and growth decisions, and oil seems to have stabilized at just over $50 a barrel. With all this, your bank continues to perform exceptionally well.

 First National Bank has a number of technology initiatives we are undertaking in this first quarter of 2017 and among them is a new consumer loan application platform. We anticipate installing and testing it during the first quarter and rolling it out upon completion of testing. Our commitment to provide you with the most modern technology we can while protecting your identity and account information the best we can is one of our primary missions and concerns. Serving you is our primary focus.

 As we reflect on the accomplishments of the past year and focus on another new year we hope you continue to keep your thoughts and prayers on those that serve and protect us every day at home and abroad. When you see those brave men and women, take a moment to thank them for their commitment to us as they go out each and every day and do that very demanding job.  

 It is with sadness that I report the passing of our long-time Director, S.W. (Wyatt) Atkins. Mr. Atkins served the Board of Directors and the Bank for 51 years this month. His legacy will live on and his wisdom and guidance will be sorely missed.

 We at First National Bank continue to work diligently toward protecting you, your identity and working to provide you with quality banking services. We hope that you enjoy your time on our website and we encourage you to explore the site and to visit one of our six community banking offices.  We continue to be in the business of providing business financing and banking services and we look forward to working with you to grow your businesses. On behalf of everyone here at the Bank, THANK YOU for your patronage and continued support of our proud institution.






Steve Muell

President & CEO              


Steve Muell, President/CEO