ABQ Times

Nusenda Credit Union hosted its 89th Annual Meeting on April 22, 2025, in Albuquerque, New Mexico. The event took place at the Albuquerque Public Schools Berna Facio Professional Development Center and highlighted the credit union's achievements in 2024 as well as its ongoing commitment to people-first values.

The credit union's membership approached 280,000, and its assets nearly reached $5 billion. Nusenda stands as the largest locally owned credit union in New Mexico. A significant milestone included the successful acquisition of Western Heritage Bank, marking the first such transaction in the state and expanding services into West Texas.

In 2024, more than $2.4 million was invested in community programs. This includes $700,000 in Community Rewards grants for 70 local organizations. Employees also contributed 5,976 volunteer hours. The Microloan program expanded, providing $472,000 to borrowers with limited traditional financing options. The credit union maintained partnerships with schools and universities for financial education.

Nusenda received national and local accolades, being named a USA TODAY Top Workplace and awarded the #1 Top Workplace (Large Company) by the Albuquerque Journal for the third consecutive time.

Nusenda’s new President and CEO Michelle Dearholt expressed her commitment: “It’s an incredible honor to serve as Nusenda’s new President and CEO. As we look to the future, we move forward grounded in our values with a strong commitment to supporting our members, employees, and the communities we proudly serve.”

The meeting saw the election of Denise Irion, Ramon “Ray” Renteria, and Randall “Randy” Trask to three-year terms on the Board of Directors. They each bring experience in finance, education, and economic development.

Further details on Nusenda’s community impact are available at Nusenda.org/impact.

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