Business briefs


Romero Rainey to helm ICBA

The Independent Community Bankers of America has named Centinel Bank Chairman and CEO Rebeca Romero Rainey as the Washington, D.C.-based association's future president and CEO. Current President and CEO Camden Fine will retire in May 2018.

A third-generation community banker born and raised in Taos, Rainey is one of the nation's lead advocates of community banks, such as Centinel Bank. Her service to the community banking industry started on the board of the Independent Community Bankers of New Mexico and in 2007-08 as its president. She entered the national stage serving on several committees for ICBA, helping form the Minority Bank Council as its first chairman, later as a member of the ICBA's Executive Committee and in 2016 as chairman of ICBA.

Rainey, who has led Centinel Bank since 1999, has seen firsthand both the regulatory hurdles facing the community banking industry and the positive impact a local community bank can have on a community. From a fiery speech delivered in front of more than 3,000 bankers at ICBA's national convention held in San Antonio, Texas, this past March, Rainey said, "I am standing up for the independence of my bank and my community. I am standing up for the community banking industry. My town and every community in America deserves to have an independent community bank invested in and dedicated to the successful future of that community."

IRS offers tools for those in sharing economy

In recognition of National Small Business Week - April 30 to May 6 - the Internal Revenue Service is highlighting products to help small business owners and self-employed individuals understand and meet their tax obligations. Some of these tools focus on the sharing economy - also referred to as the on-demand, gig or access economy.

People involved in the sharing economy engage in activities such as renting a spare bedroom, providing car rides or offering a number of other goods or services. Because there are tax implications for companies providing the services and individuals performing the services, the IRS has created products to help them understand their tax responsibilities:

• Sharing Economy Tax Center, an internet page to help people quickly find answers to tax questions, as well as tips and forms for the sharing economy.

• "Your Taxes in a Sharing Economy," a YouTube video on tax issues affecting those working in the sharing economy.

For more information, go to

Lecture on modeling business future set for May 12

Santa Fe Community College and the Santa Fe Higher Education Center host a Fulbright Scholar Program lecture with visiting scholar Adam Kowalik, 9 a.m. to noon May 12 in Room 159 at the Santa Fe Higher Education Center, 1950 Siringo Road.

Kowalik's lecture, "Modeling the Business Future: How to Discover the Future Developments in the Market," is open to the public. To reserve a seat, contact Piér Quintana at pier.quintana@sfcc.e­du or (505) 428-1235. Reserve your seat by May 8.

The speaker is a Fulbright senior visiting scholar at the National Defense University in Washington, D.C., and his work focuses on using business war-gaming. He is an experienced manager, instructor and consultant specializing in competitive strategy, market intelligence and knowledge management.

Learn how to make adobe bricks Saturdays in May

Cornerstones and Adobe in Action will host four free adobe brick-making workshops in Santa Fe on four Saturdays in May.

All the workshops are from 9 a.m. to 3 p.m. The public is invited to attend for any length of time. An introductory talk will begin at 9 a.m. each day.

The workshops will be in the courtyard of the Palace of the Governors on May 6 and May 20 and at San Miguel Chapel on May 13 and May 27.

Each full-sized brick made will be used to help save a traditional adobe building in Northern New Mexico.

- Staff report from The Taos News and The New Mexican