Business digest — April 5

Banker honored by association Gordon Morris, CEO of American Heritage Bank, was recognized as the Ag Lender of the Year by the Independent Community Bankers Association of New Mexico. Morris has been working in the banking industry for 29 years. He, along with other local investors, founded American Heritage Bank in 2000 to provide community […]

Banking regulations may alter fees, services for customers

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CNJ illustration: Sharna Johnson New federal bank regulations designed to cap fees to merchants could mean new or increased fees to consumers. Sharna Johnson Alterations to rubber check forgiveness and free checking are just some of the ways new banking regulations may impact consumers, as the federal government works to curb bank fees. “I think […]

Big Brother has enough snooping powers already

Freedom Newspapers Big Brother wants to watch you more closely. Especially how you spend your money. His latest snooping plan comes from provisions in the banking bill being debated in the Senate. The bill is being pushed by Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee. Among other things, the bill is supposed […]

Bank fees will trickle down to consumers

Freedom New Mexico President Barack Obama is said to be considering a special tax (or fee or levy, as some might prefer to disguise it) on financial institutions, though the calculated leaks from the White House suggest the details are still up for grabs. Before he gets much farther it would be a good idea […]

Pressuring banks to lend more initial problem

Freedom New Mexico Those of us who had anticipated the possibility of a de facto nationalization of the banking and finance sector of the economy after the meltdown last fall and the government’s bailout reaction, may have to rethink our scenarios and happily so. With the announcement that Citigroup will pay back $20 billion in […]

Banks can’t be regulated against failure

Freedom New Mexico Rep. Barney Frank, D-Mass, chairman of the House Banking Committee, and Sen. Christopher Dodd, D-Conn., chairman of the Senate Banking Committee, each have introduced sweeping bills to overhaul regulation of the country’s financial system. Despite differences — Frank’s bill would expand the power of the Federal Reserve while Dodd’s bill would limit […]

In Tribute: Banker known for public service

By Kevin Wilson: CNJ staff writer Ken Huey was a friend worth having, but even better to have when it came to public service. The former president and CEO of First Bank in Clovis died Monday of progressive supranuclear palsy, a degenerative brain disease. He was 64 years old. Born Sept. 20, 1944, in Pampa, […]

Data-mining of banks blow to liberties

Freedom Newspapers The banking data-mining program exposed by the New York Times and Los Angeles Times on Friday might be legal and it might even have been helpful as an emergency response, but it is more evidence that what was once the freest country in the world is turning into a government run rampant. Worse, […]

Bullock, Beverly A.

Beverly Ann Bullock, 73, of Caballo, died Wednesday, Nov. 16, 2005, at her home. She was born Oct. 7, 1932, in Gotebo, Okla. She worked as a hospital administrator and banking clerk early in her marriage. She later worked in home businesses, including an upholstery shop and an antique store. She lived in Portales and […]

Court’s eminent domain ruling troubling

By Walter Williams: Syndicated columnist We all remember last year’s despicable U.S. Supreme Court 5-4 Kelo v. City of New London, Conn., decision that held as constitutional that the rightful property of one American can be taken and transferred to another American so long as some public purpose is served. The Fifth Amendment to the […]

11/29 Business Digest

United Way taking applications soon The United Way of Eastern New Mexico will soon begin to accept applications requesting donor funds to serve area families and individuals. According to the charitable organization, distributing donor funds is the most important function they perform. The funds will eventually serve local families, individuals or children in four priority […]