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2024 Business Owner Report

This year’s survey explores the perspectives, aspirations and outlooks of small and mid-sized business owners across the U.S.

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Paul Mondragón is a Senior Vice President, Market President, and Senior Relationship Manager for the New Mexico market in Commercial Banking at Bank of America. In this capacity, his responsibilities include leading a team of specialists focused on understanding each client’s unique needs to deliver strategic financial guidance and solutions. Paul’s mission is to help local companies thrive by achieving their business goals, no matter how simple or how complex.

A banker since 1995, Paul joined Bank of America in 2016. During his career, Paul has served mid-sized companies throughout New Mexico to support their commercial banking needs.

To help create a more sustainable future for the companies and communities he serves, Paul volunteers with not-for-profit organizations focused on ending hunger, most recently with Feeding America and Roadrunner Food Bank.  He also serves as a mentor for teammates across Bank of America as a member and leader in the "Hispanic/Latino Organization for Leadership and Advancement"  (HOLA) Employee Network. In addition, he serves on the boards of the Albuquerque Hispano Chamber of Commerce, Economic Forum, the New Mexico Banker's Association, and the Albuquerque Museum.

Originally from Albuquerque, Paul graduated with a Bachelor of Arts degree in Economics and minor in Government from New Mexico State University.  He resides in Albuquerque, NM, with his wife and three children.


    • General industries
    • Government Contractors
    • Transportation
    • Manufacturing

    • Board Chair - Hispano Chamber
    • Board Member - Albuquerque Community Foundation
    • Board Member - Economic Forum
    • Soccer fan and Liverpool supporter YNWA

Meet the Team

With access to the global resources of Bank of America, our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.

Linnea Martinez


Sales Support Associate

Henry Vigil


Treasury Sales Officer

Sean Peteet

Assistant Vice President

Commercial Credit Specialist

Bank of America Business Banking

As you work to take your business to the next level in an environment where business and technology sophistication are critical to having a competitive edge, you need a local banking partner who has your long-term interests at heart.

Bank of America is that local advocate. We work closely with you to understand your business goals. We then draw on our Bank wide resources, technology and experience to generate ideas and solutions that will propel your business further.

With Bank of America Business Banking by your side, you can be assured your business has the power to grow and thrive.

You can benefit from:

Local Relationship Managers who are your advocates and bring the Bank’s resources to you as a seamlessly integrated, dedicated team

Comprehensive commercial banking platform with full range of products and technology, backed by Bank of America’s strength and stability

Access to bank-wide services beyond business banking, to manage both your business and personal wealth

Let's have a conversation.

There is no substitute for a one-on-one relationship with a Bank of America relationship manager who is committed to your needs. Request an appointment today.