/PRNewswire/ State Employees Credit Union is pleased to continue its support of Children s Miracle Network for the 5th annual fall fundraiser and Cars for.
/PRNewswire/ State Employees Credit Union is pleased to continue its support of Children s Miracle Network for the 5th annual fall fundraiser and Cars for.
Like many banking executives, Harold Dixon wasn’t sure at first about the idea of a state government owning its own bank. His knee-jerk reaction was skepticism that a state government could run a bank, because state employees don’t really have experience doing that.
And he would know that better than just about anyone in New Mexico. Dixon is CEO of the State Employees Credit Union of New Mexico, with 49,000 members. Only state employees could become members until 2016, when the credit union expanded its membership eligibility.
“But once I wrapped my head around it and once it was clear they’re not taking your customers away, they’re just to help supplement what you already do and be another avenue to help you loan more money out in the community, it made a lot of sense,” Dixon says.