State regulators close First Community Banks

Freedom New Mexico Regulators with the New Mexico Financial Institutions Division shut down First Community Bank, which has branches in Clovis and Portales. The Federal Deposit Insurance Corporation released a statement Friday that said it was named the receiver. According to the statement: l The bank failure and its sale is expected to cost the […]

ENMU campuses financially stable

By Sarah Meyer: PNT Staff Writer Eastern New Mexico University officials last week reported that the main campus in Portales and its branches in Ruidoso and Roswell are in good financial shape. But they’re proceeding cautiously because of the economic environment. Here is a synopsis of the financial reports presented at Friday’s board of regents […]

1/9/08 Local Briefs

STAR sponsoring writing contest The teen group at the Portales Public Library, Some Teens Are Reading, is organizing a teen writing contest. Students in sixth through 12th grades are eligible and may submit original work in the following categories: Essay, Poetry, Short Fiction, and One-Act-Plays. Interested writers should contact Heather Christensen at the library for […]

Portales National Bank marks century of service

8-15 David Stone 2

By Helena Rodriguez: PNT Staff Writer When James (Jim) Polk Stone came to Portales in 1885, before New Mexico was a state, all he had was a fifth-grade education, the shirt on his back and the horse between his legs, according to family. Nevertheless, he went on to establish the Bank of Portales in 1902, […]