Las Vegas has New Mexico’s oldest state bank, and soon, it will have its newest.
Bank of Las Vegas, founded in 1890, is the oldest. And starting Dec. 3, First National Bank will be called Community First Bank to reflect its new state designation.
First National President Keith Tucker said the change was made because state banking regulations are more geared to New Mexicans, while national bank rules are designed for the banking conglomerates.
Already, one of First National’s competitors appears to be trying to gain mileage from the name change.