Business News
Nusenda Credit Union Hosts 88th Annual Meeting in Albuquerque, New Mexico
Nusenda Credit Union conducted its 88th annual meeting on Tuesday, April 30, 2024, in Albuquerque, N.M. The meeting highlighted the Credit Union’s commitment to its members and the community, showcasing its successes, growth, and support in 2023.According to the press release, members received more than $62 million in direct savings through Nusenda Credit Union, and over $8.6 million in cash was returned to members through various bonus dividends and rewards programs. Additionally, the Credit Union, along with the Nusenda Foundation and its employees, donated $1.9 million...
Nusenda Credit Union Receives Platinum Level Family Friendly Business Award
Nusenda Credit Union has once again been recognized for its outstanding workplace policies, earning the prestigious "platinum level" distinction in the New Mexico Family Friendly Business Award. The credit union has received this accolade for the seventh consecutive year, showcasing its commitment to providing a supportive and inclusive work environment for its employees.Michelle Dearholt, Nusenda's Executive Vice President of Operations, emphasized the importance of prioritizing the well-being of their team, stating, "At Nusenda Credit Union we believe that taking care...
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Albuquerque Business First Honors Nusenda’s Nikki Bunch as 40 Under 40 Recipient
By New Mexico Sun | Mar 29, 2024
Albuquerque, N.M. – Nikki Bunch, Senior Vice President of Member Experience at Nusenda Credit Union, has been named a 40 Under 40 Honoree by Albuquerque Business First. Michelle Dearholt, Nusenda’s Executive Vice President of Operations, highlighted Nikki's dedication to member relationships, stating, “Nikki is dedicated to cultivating a relationship-based experience for the Credit Union’s more than 260,000 members." Dearholt expressed pride in Nikki's achievements, emphasizing her positive impact on members, employees, and communities.Nikki's journey at Nusenda began...
Nusenda Credit Union Honored as Top Workplace in the United States
By New Mexico Sun | Mar 20, 2024
Nusenda Credit Union has been named a top workplace in the United States, receiving the 2024 Top Workplaces USA Award for the third consecutive year. The award, issued by Energage, celebrates organizations with 150 or more employees that have established positive and uplifting workplace cultures."Nusenda strives to be an employer of choice, and we know taking care of our team allows them to take care of our members," stated Nusenda President and CEO Joe Christian. "We are very grateful to be recognized by our employees as one of the best credit unions to work for locally...
Nusenda Credit Union Completes Acquisition of Western Heritage Bank
By New Mexico Sun | Mar 12, 2024
Nusenda Credit Union has officially finalized the acquisition of Western Heritage Bank, marking a significant milestone for both financial institutions. The acquisition was completed on March 12, 2024, following approval from the National Credit Union Administration.In a statement, Joe Christian, President/CEO of Nusenda, expressed his enthusiasm about the acquisition, stating, "On behalf of our board of directors and entire team, I am pleased to welcome Western Heritage customers and employees to the Nusenda family!" Christian highlighted the alignment of values between...
UNM's Cosmiac honored with inaugural Space Valley Diversity in Business Champion Award
By New Mexico Sun | Dec 29, 2023
The University of New Mexico (UNM) recently revealed that the inaugural Space Valley Diversity in Business Champion Award, sponsored by the New Mexico Minority Business Development Agency, was awarded to COSMIAC. This organization is a space-related research center situated within the School of Engineering. In addition, IDEAS-TEK, a company specializing in embedded system design and software development, received recognition as the Minority-Owned Company of the Year.
Nusenda's statewide toy drive benefits children across New Mexico
By New Mexico Sun | Dec 28, 2023
Nusenda Credit Union has recently announced its partnership with the UNM Children’s Hospital and Jardin de los Niños for a two-week toy drive. The credit union's members and employees have contributed toys and funds, amassing a collection of over 1,500 toys this year.
NeoVolta expands to New Mexico
By New Mexico Sun | Nov 30, 2023
NeoVolta, a home solar power storage provider, announced its increased expansion in New Mexico through a six-figure agreement. This deal involves installing NeoVolta NV14 batteries in newly constructed homes throughout the state. The company's foray into New Mexico forms part of its broader expansion strategy across the United States.
Schwazze reports Q3 2023 financials
By New Mexico Sun | Nov 30, 2023
Schwazze released its financial and operational performance for Q3. During the third quarter of 2023, total revenue saw an 8% rise, reaching $46.7 million, compared to $43.2 million in the corresponding quarter of the previous year. This report provides an insight into the company's growth and challenges during this period.
Sandia Stout supercomputer secures Top500 place
By New Mexico Sun | Nov 27, 2023
Sandia National Laboratories announced that their new supercomputer, Stout, has earned a spot on the Top500 computers. Securing the No. 87 position, Stout received a performance of 8.9 petaflops. The supercomputer's development and deployment is part of a broader national initiative for advanced simulation and computing.
NM Agriculture's Taste the Tradition Holiday Lookbook returns
By New Mexico Sun | Nov 25, 2023
The New Mexico Department of Agriculture (NMDA) announced the second edition of the New Mexico Taste the Tradition Holiday Lookbook, providing residents with a 58-page online gift guide showcasing locally grown and crafted products. This initiative, launched in 2023, aims to encourage support for businesses within the state, allowing consumers to explore unique gifts made in New Mexico.
NM Agriculture's Taste the Tradition Holiday Lookbook returns
By New Mexico Sun | Nov 25, 2023
The New Mexico Department of Agriculture (NMDA) announced the second edition of the New Mexico Taste the Tradition Holiday Lookbook, providing residents with a 58-page online gift guide showcasing locally grown and crafted products. The lookbook is released as part of an initiative that aims to encourage support for businesses within the state, offering consumers the opportunity to explore unique gifts made in New Mexico.
Jacobs awarded a water and wastewater utilities renewal contract in New Mexico
By New Mexico Sun | Nov 23, 2023
Jacobs announced the acquisition of a five-year contract renewal for the operations and maintenance (O&M) of wastewater and surface water treatment plants, as well as wastewater collection and drinking water distribution systems for the City of Farmington, New Mexico. The renewed contract integrates Aqua DNA, a Digital OneWater solution from Jacobs' product suite. This further strengthens Jacobs' commitment to using advanced technologies in improving infrastructure.
ABQ RIDE's 58th annual Luminaria Tour to return
By New Mexico Sun | Nov 23, 2023
The city of Albuquerque revealed that ABQ RIDE is upholding the longstanding Albuquerque Christmas Eve tradition with the Annual Luminaria Tour. This popular local event will take place in neighborhoods including Old Town, the Country Club, and Huning Castle, providing a festive experience for residents and visitors alike.
ABQ RIDE expanding services to accommodate more riders
By New Mexico Sun | Nov 23, 2023
The city of Albuquerque announced that ABQ RIDE, the state’s largest public transportation system, is experiencing a growth in ridership despite recent challenges like staffing shortages and service reductions. These plans for reinstating services on routes come as a part of their commitment to meet the increasing demand and combat the effects of staffing shortages.
Human Services Department welcomes new Chief Information Officer for tech advancements
By New Mexico Sun | Nov 22, 2023
The New Mexico Human Services Department (HSD) announced the appointment of Paula Morgan as the Chief Information Officer and Information Technology Division (ITD) Director. Paula Morgan, who has been serving in this role on an acting basis for nearly a year, brings over 30 years of experience in information technology across various sectors.
Los Alamos highlights progress in off-site shipping radiological and hazardous waste
By New Mexico Sun | Nov 21, 2023
Los Alamos National Laboratory announced the successful permanent disposal of a significant volume of radiological and hazardous waste accumulated over the years at off-site facilities. The Lab's off-site waste shipments exceeded the rate of waste generation, despite an expansion in its mission to develop plutonium pits. This feat was achieved through consistent efforts by the lab's staff to ensure safe and effective disposal strategies.
Sandia climate model wins Gordon Bell Prize
By New Mexico Sun | Nov 21, 2023
Sandia National Laboratories announced that a team, under their leadership, secured the Gordon Bell Prize for Climate Modeling from the Association for Computing Machinery by running a high-resolution global atmospheric model on the world's inaugural exascale supercomputer. The award recognizes innovative computing contributions that address the global climate crisis. This significant achievement took place at an event in Denver.
Green certifications awarded to two labs at Los Alamos
By New Mexico Sun | Nov 15, 2023
Los Alamos National Laboratory announced that the Chain Lab in Genomics and Bioanalytics and the Center for Integrated Nanotechnologies (CINT) have been acknowledged for their commitment to sustainability. The recognition comes as a result of the two labs' participation in the "Green Lab" certification process offered by My Green Lab on Nov 15th.
Los Alamos researchers innovate AI for optimal utilization of sparse sensor data
By New Mexico Sun | Nov 13, 2023
Los Alamos National Laboratory announced a novel artificial intelligence (AI) methodology capable of reconstructing extensive datasets, like overall ocean temperature, using a limited number of field-deployable sensors through low-powered "edge" computing. This innovation, with applications spanning industry, science, and medicine, broadens the potential for effective data utilization, according to a press release by Los Alamos National Laboratory.