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AimBank Announces Completed Acquisition of FNB New Mexico

PRESS RELEASE
FOR IMMEDIATE RELEASE
For more information, please contact:
Scott Wade, CEO
806-894-2265

October 18, 2019- AimBank is proud to announce the completed acquisition of FNB New Mexico. FNB New Mexico has now become part of the AimBank Family of Brands. You can visit FNB New Mexico, a Division of AimBank, at several locations in New Mexico including, Angel Fire, Clayton, Logan, Raton, Santa Rosa, and Tucumcari. AimBank will keep its current name in Texas, adding FNB Dalhart as an AimBank location. AimBank currently operates 19 full service locations in Texas, including the Panhandle, South Plains, Permian Basin, and Big Country regions. With the addition of FNB New Mexico, AimBank is currently $1.8 billion in assets.

“We are passionate about being able to serve New Mexico and expanding our existing customer base,” remarked Scott Wade, CEO of AimBank. “AimBank is committed to the growth in our all of our communities by helping local businesses stay viable and strong. The FNB New Mexico acquisition provides a great value for our shareholders,increased opportunities for our employees, and enhances the services available to our customers.”

“We are pleased to join the AimBank Family of Brands. The advantages of this expansion for our existing customers are exciting,” said Craig Reeves, North East New Mexico Regional President for FNB New Mexico, a Division of AimBank.

“We are able to provide technology enhancements, increased lending capabilities, and a wider trade area to our customers. AimBank also mirrors the same commitment of supporting our local communities as FNB New Mexico. I am very pleased with how easily we came together as one banking family.” FNB New Mexico, a Division of AimBank, will continue to deliver the same superior customer service that our customers have come to expect.

AimBank has seen continual growth, recently reaching over $1.8 billion in total assets. The recent growth speaks to our commitment to our customers and the communities we serve. AimBank Family of Brands will maintain a strong tradition of offering quality banking services with the latest technology for our ever-changing customer needs.

About AimBank:  AimBank was originally chartered on September 19, 1925, as the First National Bank of Littlefield. Due to the perseverance on the part of its officers and staff, the bank withstood the Great Depression, a world war, and various booms and busts in the agriculture and energy markets. In 2003, the bank was converted to a state-chartered bank, and ownership is now vested in AimBank employees and local investors. AimBank has continually grown and is now
a Family of Brands adding FNB New Mexico, a Division of AimBank. We have expanded our presence into several markets over the years, including Abilene, Amarillo, Dalhart, Farwell, Levelland, Littlefield, Lubbock, Miami, Midland, Muleshoe, Odessa, Pampa, Plains, Shamrock, Snyder, and Wolfforth, TX and Angel Fire, Clayton, Logan, Raton, Santa Rosa, and Tucumcari, NM.

For more information, log on to www.aimbankonline.com.

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