New Mexico Distinguished Public Service Awards 2004
Recognizing Those Committed to Making a Difference
Holm O. Bursum III
Holm began what is now more than four decades of helping his community by way of banking. He currently serves as President and CEO of the family business -First State Bank. His desire to keep First State Bank an Independent bank proves his commitment and the Bank's ability to greatly support and contribute to its communities. First State Bank currently sponsors full-ride scholarships for Socorro and Catron County students to attend New Mexico Institute of Mining and Technology; supports cultural development through the Performing Arts Series; funds major improvements to the New Mexico Tech Golf Course; is a long time sponsor and supporter of the Hilton Open Golf lbumament; restored the historic Garcia Opera House and established the Garcia Opera House Foundation for Historic Preservation in Socorro; oper- ates a School Banking Program teaching young students the value of understanding money and savings, and First State Bank as well as Holm participate in many other community programs.
Mr. Bursum is a 3rd generation New Mexican and lifelong resident of Socorro. He received his Bachelor's Degree in Animal Husbandry at NMSU. He served in the Air Force with the Strategic Air Command as Navigator and Bombardier.
Holm's passion for his community and the State are demonstrated by his activities in State and Local Government. He served on the Socorro City Council and was active on the Airport Improvement Project. He served as Chairman of the Socorro County Commission.
He was appointed in 1995 to the New Mexico Highway and Transportation Commission and was elected to serve as Chairman of the Commission from 1995-2003. It was under Holm's leadership that the multiple bonds were issued to build, reconstruct and complete the innovative 1-40/1-25 (Big I) Project in Albuquerque in record time.
Holm has been a member of the Advisory Council of Financial Institutions with the Federal Reserve Bank of Dallas; served on the Small Business Administration National Advisory Committee; as well as serving as a mem- ber of the Independent Community Banker's Association of New Mexico; and served on the National Transportation Advisory Board