trending Market Intelligence /marketintelligence/en/news-insights/trending/hMXXEnBv9Ctk1c9vrInJRg2 content esgSubNav
In This List

FNB New Mexico closes Community 1st Bank Las Vegas branch deal

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


FNB New Mexico closes Community 1st Bank Las Vegas branch deal

Clayton, N.M.-based FNB New Mexico completed the acquisition of certain assets and assumption of certain liabilities of Las Vegas-based Community 1st Bank Las Vegas' Santa Rosa, N.M., branch.

Craig Reeves, president and CEO of Union BancShares Inc., parent of FNB New Mexico, confirmed to S&P Global Market Intelligence that the deal closed in July.

FNB New Mexico reported total assets of $220.2 million on Sept. 30. Community 1st Bank, a unit of FNB Financial Corp., had total assets of $119.6 million as of Sept. 30.