First New Mexico Bank of Silver City Selects PhoenixWorx to Provide Modern Banking Experiences to Retail and Commercial Customers

ORLANDO, Fla.--(BUSINESS WIRE)--PhoenixWorx, a provider of modern banking technology, announced today from its inaugural client conference, RISE!2026, that First New Mexico Bank of Silver City ($147M in assets) has selected its Phoenix core processing and MalauzAI NextGen digital banking platforms to power the bank’s continued growth.

First New Mexico Bank of Silver City will leverage PhoenixWorx’ technology to strengthen its position as a community banking leader in the region by supporting its growing commercial lending focus and enabling the bank to introduce new payment options, including real-time payments, to its consumer and business customers. Additionally, the implementation of PhoenixWorx’ solutions positions the bank to prioritize its digital channels and optimize self-service capabilities and overall user experience for every customer.

“As we expand our presence across New Mexico, we needed a technology partner that could evolve alongside us and support our long-term vision,” said S. Tyrone Lynch, President of First New Mexico Bank of Silver City. “PhoenixWorx gives us the flexibility and scalability to improve the customer experience, strengthen our commercial banking capabilities and bring new services to market as our customers’ needs change.”

“First New Mexico Bank of Silver City is exactly the kind of forward-looking community bank that PhoenixWorx is built to serve,” said Joe Gomez, President and CEO of PhoenixWorx. “By pairing our advanced core processing with modern digital banking, PhoenixWorx enables progressive and ambitious community banks like First New Mexico Bank of Silver City to accelerate the launch of new products and services and react to market opportunities faster without losing the personalized service that defines their brand.”

About PhoenixWorx

One of the first core banking providers to leverage open architecture, PhoenixWorx is a proven, cloud-based banking ecosystem that provides community banks, credit unions and neobanks with modern core, digital banking, analytics and content management solutions paired with a curated network of integrated third-party offerings designed to accelerate financial institutions’ growth.

PhoenixWorx is owned by CORA Group, a portfolio of Jonas Software, an operating group of Constellation Software (TSX: CSU). www.phxworx.com ​