Thompson, Former New Mexico CEO, Dies
ALBURQUEQUE, N.M. -- The credit union industry is mourning former U.S. New Mexico Federal Credit Union President/CEO John Thompson.
With a focus on service to the credit union membership, Thompson lead the credit union from 1979 to 2000.
Under his leadership, USNMFCU grew from 15 to 130 employees, from one to four branches, and from offering three types of loans and one savings account to a full array of financial products and services. Membership increased from 9,400 to 35,000 members, and assets grew from $15 million to over $261 million representing an increase of over 1,740%.
Thompson also played a major role in the credit union community, serving as a board director for NAFCU, CUNA and Southwest Corporate. He was also president of the New Mexico Credit Union League. He was eager to support credit unions philanthropic efforts of giving back to the community. These efforts earned U.S. New Mexico the state's first NMCUL Dora Maxwell Award.
In 2006 Thompson received the Credit Union Association of New Mexico Ron Moore Hall of Fame Award, which recognizes a lifetime contribution to the credit union movement.