Katherine D. Ortega - Banking Career

Banking Career

In 1968, Ortega moved to Los Angeles where she became a CPA and joined the firm of Peat, Marwick, Mitchell & Company as a tax supervisor. She also worked as a cashier at Pan American National Bank, a financial institution originally founded in 1963 by Romana Acosta BaƱuelos. Ortega became vice president of the bank in 1971 the same year that BaƱuelos was sworn-in as U.S. Treasurer. Finally, in 1975, Ortega became president of Santa Ana State Bank, the first woman chief executive of a bank in the state.

Ortega returned to New Mexico in 1977 in order to help run the family accounting firm. Under her stewardship, the company grew into the Otero Savings and Loan Association and, by 1983, had assests of $20 million. During this time, Ortega garnered numerous academic and business accolades for her efforts.

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