President Salary at First New Mexico Bank BETA

How much does a First New Mexico Bank President make?

As of April 2025, the average annual salary for a President at First New Mexico Bank is $577,761, which translates to approximately $278 per hour. Salaries for President at First New Mexico Bank typically range from $440,902 to $729,597, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

First New Mexico Bank Overview

Website:
firstnewmexicobank.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

First New Mexico Bank offers a full service business loan department. Whether you are purchasing a new business, expanding an existing business, needing a credit line to assist with cash flow issues, or purchasing equipment or inventory, we offer loan products to meet these needs. We offer a complete package of SBA Guaranty products including 7a and 504 loans.

See similar companies related to First New Mexico Bank

What Skills Does a person Need at First New Mexico Bank?

At First New Mexico Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at First New Mexico Bank

Job Title Average First New Mexico Bank Salary Hourly Rate
2 Assistant Vice President $43,834 $21
3 IT Technician $58,895 $28
4 Loan Officer $44,662 $21
5 Mortgage Loan Specialist $44,662 $21
6 Chief Executive Officer & President $577,761 $278
7 Commercial Loan Officer $49,430 $24
8 Consumer Lender $52,430 $25
9 Executive Vice President & Chief Financial Officer $301,219 $145
10 Senior Vice President $147,861 $71
11 Teller $24,831 $12
12 Assistant Cashier $20,418 $10
13 Head Teller $28,314 $14

Hourly Pay at First New Mexico Bank

The average hourly pay at First New Mexico Bank for a President is $278 per hour. The location, department, and job description all have an impact on the typical compensation for First New Mexico Bank positions. The pay range and total remuneration for the job title are shown in the table below. First New Mexico Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $577,761 look to you?

FAQ about Salary and Jobs at First New Mexico Bank

1. How much does First New Mexico Bank pay per hour?
The average hourly pay is $278. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at First New Mexico Bank?
According to the data, the highest approximate salary is about $729,597 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at First New Mexico Bank?
According to the data, the lowest estimated salary is about $440,902 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.