New Mexico Bank & Trust Announces Leadership Transition Plan

October 19, 2023 | Article | 3 min | Newsroom

Greg Leyendecker stepping down as President and CEO at end of 2023; Andres Garcia named new President and CEO

Albuquerque, NM – October 19, 2023 – New Mexico Bank & Trust, a division of HTLF Bank (Heartland Financial USA, Inc., NASDAQ: HTLF), announced that Greg Leyendecker, President and CEO, will step down from his day-to-day responsibilities at New Mexico Bank & Trust (NMBT) at the end of the year. Greg is one of the founders of NMBT and has led the bank since its beginning in 1998, driving growth and leading it past $2.6 billion as of June 30, 2023.

Greg will transition to his new role as NMBT CEO Emeritus, which begins January 1, 2024. As CEO Emeritus, Greg will provide leadership and guidance to the new President and CEO and the NMBT Division Board, while helping maintain continuity with customers.

“Greg has served our customers and communities in New Mexico for more than 26 years,” said Bruce K. Lee, President and CEO of HTLF. “We’re grateful for his years of dedication and leadership, and congratulate him on this next stage in his career.”

Andres Garcia will be NMBT President and CEO, beginning January 1, 2024. Andres joined NMBT as Head of Commercial in 2021 and has successfully led NMBT’s Commercial banking team.

Andres has more than 18 years of banking experience in New Mexico and strong relationships across the state. He is deeply connected in the Albuquerque community and serves on multiple boards of volunteer organizations.

“Andres is a great asset to New Mexico Bank & Trust, our customers and the community,” Lee said. “We are excited about the local knowledge, passion, and dedication he brings to the role. Under Andres’ leadership, New Mexico Bank & Trust will continue delivering Strength, Insight and Growth to our customers across New Mexico.”

About New Mexico Bank & Trust

New Mexico Bank & Trust, a division of Heartland Financial USA, Inc., operating under the brand name, HTLF, (NASDAQ: HTLF), operates offices located in Central, Northern and Eastern New Mexico. New Mexico Bank & Trust provides an array of products and services to meet the financial needs of businesses and individuals. The bank specializes in commercial lending and treasury management services, and also provides a wide variety of private banking, retail lending and deposit services along with electronic banking support. Visit www.nmb-t.com or call 505.830.8100 for more information. New Mexico Bank & Trust is Member FDIC and an Equal Housing Lender.

About HTLF

Heartland Financial USA, Inc., is a bank holding company operating under the brand name HTLF, with assets of $20.2 billion as of June 30, 2023. HTLF’s banks serve communities in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Wisconsin. Additional information is available at www.htlf.com.