As seen in
Features
Convenience
- FDIC-Insured
- Multimillion Dollar Deposit Insurance
- Online account opening
- Online and mobile banking
- Mobile deposits
- Bill pay
- Surcharge-free ATMs
Products
- Checking and savings
- Certificates of Deposit (CDs)
- Money Market accounts
- Retirement accounts
- Personal loans
- Business checking and savings
- Business loans
- Agricultural loans
First Southwest’s impact
Rooted in rural Colorado, we're a people's network. We understand the diverse stories and backgrounds through our regions because we live them, every day. We cultivate valuable relationships, invest in economic and social doers, and foster a well-lived rural Colorado culture.
First Southwest is a certified CDFI that beats the industry average for lending to small businesses, farms, and communities, overall
Investing in low-income communities (CDFI): Bank is a certified Community Development Financial Institution (CDFI), meaning it is focused on directing the majority of its financing into low- and moderate-income communities and/or communities of color.
Above avg. in small business lending: Bank puts a larger percentage of money into small business loans than the bank industry average.
Above avg. in small farm lending: Bank puts a larger percentage of money into small farm loans than the bank industry average.
Above avg. in investing in public works: Bank puts a larger percentage of money into loans and securities for municipal use (i.e. financing for schools, roads, parks) than the bank industry average.
Above avg. in financing communities, overall: Bank puts a larger percentage of money into community financing (loans for business, farms, housing, construction, and households, and public works financing) than the bank industry average.
100% of money with the bank is based in Colorado
Deposits come from across Colorado
This is an estimation of where the bank concentrates its community financing. It is approximated by where the bank has branches, and the relative amount of deposits the bank manages from each branch. Bank regulation encourages banks to meet the credit needs of communities in which they do business. First Southwest Bank accepts deposits from across Colorado in order to power its lending in Colorado’s areas of need.
First Southwest has a history of investing 55% - 75% of total dollars in the bank into communities, which is greater than the bank industry average
The other 45% of total dollars in the bank is used for something other than community financing (like investments in bank branches and other financing).
Read more about this data in our FAQ.See your money with First Southwest
*This is an estimate, modeled according to the most recent data on Mighty. Learn more how this is calculated in our FAQ.
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Riff Raff Brewing Founders said that bank financing can be tough to get for businesses like theirs, but that First Southwest really held their hand through the process to secure their SBA loan.