New Mexico
Mountain America exiting New Mexico with branch deal
Paul Brady/pabrady63 – stock.adobe.com
A New Mexico-based credit union is bulking up in its home town, acquiring two branches from the $20.3 billion-asset Mountain America Credit Union in Sandy, Utah.
Members of Mountain America’s two branches in Albuquerque, New Mexico, approved the transaction earlier this month, paving the way for their acquisition by Sunward Credit Union. Expected to close early next year, the deal will result in Mountain America’s exit from New Mexico. No terms were disclosed.
Mountain West said in a press release it entered into the agreement with Sunward to focus on other geographies. Mountain West operates more than 100 branches in Utah, Nevada, Arizona and Idaho. A spokesperson had not responded to a request for comment at deadline.
For the $4.2 billion-asset Sunward, founded in 1948 by employees of Sandia National Laboratories, Albuquerque is a core market. Sunward’s presence includes its headquarters and six other branches. “This addition will strengthen our position and ability to deliver on our goal of making banking better in the Southwest, and in New Mexico specifically,” Sunward CEO Steph Sherrodd said in a press release.
Albuquerque credit unions have been active acquirers in 2024. The most prominent deals, however, involved banks. In March, the $4.9 billion-asset Nusenda Credit Union completed a
Branch sales between credit unions are relatively infrequent events, with about five taking place in any given year, Michael Bell, a partner with the Honigman law firm who specializes in credit union deals, said Tuesday in an interview. Like Mountain America’s agreement with Sunward, most involve one institution seeking to “right-size its footprint,” Bell said.
While credit union branch deals typically involve cash consideration for property, as well as a deposit premium, “I do believe there is an altruistic motive as well,” with sellers often concluding the buyers can better serve their members, Bell said.
Bell expects branch sales to occur more frequently, with credit unions that have shifted from employment-based fields of membership to ones that are geographically-oriented moving to exit markets that made sense once but are now distant from the core service area.
“Many credit unions do have odd footprints based on their historical genesis,” Bell said.
Sunward underwent a name change, from Sandia Laboratories Federal Credit Union, earlier this month.
New Mexico
Los Alamos Public Schools Students Compete At 2026 New Mexico State Science & Engineering Fair
Students from Barranca Mesa Elementary, Mountain Elementary, Los Alamos Middle School, and Los Alamos High School at the 2026 New Mexico State Science & Engineering Fair at New Mexico Tech. Photo CourtesyLAPS
LAHS junior Tate Plohr and freshman Linus Plohr qualified to attend the 2026 Regeneron International Science and Engineering Fair in May in Phoenix, Ariz. Photo Courtesy LAPS
Los Alamos Middle School student Branden Keller was awarded the CO2 & Greenhouse Gas Scholarship in the amount of $2,000 at the 2026 New Mexico State Science & Engineering Fair. Photo Courtesy/LAPS
LAPS NEWS RELEASE
Twenty students from Barranca Mesa Elementary, Mountain Elementary, Los Alamos Middle School (LAMS) and Los Alamos High School (LAHS) competed, with several garnering awards at the 2026 New Mexico State Science and Engineering Fair held at New Mexico Tech in Socorro.
LAHS junior Tate Plohr qualified to attend the Regeneron International Science and Engineering Fair (ISEF) next month in Phoenix, Ariz. He was awarded the 3rd-place Grand Award. Freshman Linus Plohr qualified as an alternate and will also be attending the Regeneron ISEF.
Students who participated in the state competition include, from Barranca Mesa Elementary, Sydney Chen, Mary Beth Kelsey, Lily Neale, Aurora Roberts Voss and Henry Rodarte; and Glyn Lo and Ernest Maupin, Mountain Elementary.
Students from LAMS who competed include Evelyn Fobes, Mason Garcia, Andrew Gilbertson, James Junghans, Sequoya Ke, Brandon Keller, Nejan Liyanage and Daniel Yampolsky.
LAHS students Julia Neale, Linus Plohr, Tate Plohr, Lilia Veteva, Helena Welch and Kalliope Welch competed at the senior level.
2026 Award winners:
Category Awards – Junior Division
- Animal Science, Cellular & Molecular
- Biomedical & Health Science
- Honorable Mention: Sequoya Ke
- Embedded Systems, Math, Robotics, Software & Technology
- 2nd place: Nejan Liyanage
- Physics & Astronomy
- 1st place: Sydney Chen
- 2nd place: Mason Garcia
- Honorable Mention: Marybeth Kelsey
- Plant Science
Category Awards – Senior Division
- Behavioral & Social Science:
- Honorable Mention: Linus Plohr
- Earth & Environmental
- Honorable Mention: Lilia Viteva
- Embedded Systems, Math, Robotics, & System Software
- 3rd Place: Helena Welch and Kalliope Welch
- Physics & Astronomy
Grand Awards
- ISEF finalist 3rd place: Tate Plohr
- Brandon Keller received the CO2 & Greenhouse Gas Scholarship in the amount of $2,000. James Jungans and Marybeth Kelsey garnered Thermo Fisher Awards.
Other special award winners include:
- CO2 & Greenhouse Reduction Awards (Junior Division)
- Daniel Yampolsky, 2nd place, Earth & Environmental Sciences
- Sequoya Ke, 1st place, Biomedical & Health Science
- Brandon Keller, 1st place, Energy & Materials Science
- Andrew Gilbertson, 1st place, Physics & Astronomy
- CO2 & Greenhouse Gas Reduction Award (Senior Division)
- Lilia Viteva, 1st place, Earth & Environmental Sciences
- Office of Naval Research Award
- David Shortess Award
- New Mexico AVS Award
- Citadel Award
- Naval Research Award
- NM Network for Women in Science & Engineering Award
- Yale Science & Engineering Award
- Rose Baca Rivet Award
Related
Arizona State baseball will host a four-game homestand, beginning with New Mexico State on Wednesday, April 22.
The Sun Devils and Aggies faced each other in late March, with ASU winning 10-4. The two teams will meet for the final time at 6:35 p.m. at Phoenix Municipal Stadium.
ASU will then welcome Baylor on Friday, April 24, for a three-game series. The Sun Devils have yet to face the Bears this season, but ASU has been doing well so far and has been in the top 25 for four weeks.
Sophomore center fielder Landon Hairston earned Big 12 player of the week honors on April 13, after delivering five home runs in five games. His 10 runs in that stretch were tied for the second-most nationally and his 14 runs batted in were tied for third-most nationally. All nine of his hits went for extra bases, three more than any other player.
ASU’s series against Baylor will start at 6:35 p.m. for the first two games, followed by a 1:05 p.m. start on Sunday, April 26.
April 19
Softball at Houston, Cougar Softball Stadium, noon.
April 22
Baseball vs New Mexico State, Phoenix Municipal Stadium, 6:35 p.m.
April 23
Women’s golf at Big 12 Championship, Dallas Athletic Club, TBA.
Track and field at Penn Relays, Franklin Field, 1:22 p.m.
Beach volleyball at Big 12 Championship, Bear Down Beach, all day.
April 24
Baseball vs Baylor, Phoenix Municipal Stadium, 6:35 p.m.
Softball vs Texas Tech, Farrington Stadium, 7 p.m.
April 25
Lacrosse at Colorado, Prentup Field, 11 a.m.
Softball vs Texas Tech, Farrington Stadium, 3 p.m.
Baseball vs Baylor, Phoenix Municipal Stadium, 6:35 p.m.
Reach the reporter or send tips for stories at jenna.ortiz@arizonarepublic.com, as well as @jennarortiz on X.
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Josh’s Saturday Night Forecast
NEW MEXICO (KRQE) – Calmer weather has moved back into the state this afternoon. Temperatures are slightly warmer across northwestern New Mexico, while southeastern areas are cooler thanks to the backdoor cold fronts that moved in on Friday. Breezier winds will return Sunday and will help kick off a warming trend across the state, along with an elevated fire threat in eastern New Mexico.
Warmer weather will continue building in across the state throughout the upcoming week. A few isolated rain chances will return Monday in parts of New Mexico, but some of that rain may evaporate before reaching the ground.
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