Banks owed no privacy when using tax dollars

Freedom New Mexico Can you imagine lending a relative several thousand dollars and then being told it’s none of your business whether that relative spent the money doing as promised (to pay off debts and get his fiscal house in order) or whether he blew the cash on fancy vacations and jewelry? Well, as The […]

Major lessons to be learned in lending crisis

Freedom New Mexico In the wake of the initial failure of the proposed $700 billion bailout of the

Bank alters lending practices

By Jack King A Clovis bank has agreed to reform some of its lending practices after accepting a cease and desist order from the Federal Deposit Insurance Corporation and the New Mexico Financial Institutions Division. Joel Burdell, president of American Heritage Bank in Clovis, said the bank signed a consent agreement with the regulatory agencies […]