FSWB Bird Icon Products & Services

 

Online Banking

We fully understand that you need quick and easy access to your money, your accounts and transaction options while on the go. We promise to continually strive to provide our customers with best-in-class online and mobile products and services.

Fixed Rate, Adjustable Rate, Jumbo Loans & More.

Let's start by getting together to see what you need. We can run the numbers for you, get you pre-approved so you can shop with confidence, and then close the deal in time for the moving boxes! 

Buying a home is one of the biggest decisions you’ll make. When you decide to work with us, we will earn that continued trust every step of the way. And once you're here, you may want to look into our checking and savings programs too.
For more information, please contact:

Cindy Leewitt
NMLS#897763
970-731-6956
Cindy.Leewitt@fswb.com
Try First Southwest Bank's (NMLS# 504376) "no-hassle" application.
Apply Now
 

Mobile Banking

Download our FSWB-APP for Apple or Android devices and get all the convenient features of online banking on your mobile phone or tablet device.

Paycheck Protection Program

We are still accepting PPP loan applications through August 8, 2020.​

The Paycheck Protection Program prioritizes small businesses and the millions of Americans employed by these businesses by offering forgivable loans with funds going toward job retention and other expenses.

Who is Eligible? Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

Helpful Resources:

Top SBA and USDA Lender

First Southwest Bank is one of the state's best SBA lenders - included in the top 25 in 2014. We're also widely-known as one of the most active USDA lenders in the state. That means we know the ins and outs of the Small Business Administration's and government financing programs and can help you navigate through to get the best credit enhanced program for you. Our expert, Sherry Waner, is waiting to hear from you! To read about how we assisted White Rock Specialties in Mosca, Colorado with their growth through a USDA program, click here.
 

Unique Lending Programs

The First Southwest Community Fund Intermediary Relending Program (IRP) provides low cost loans to businesses in rural communities that create jobs. For each proposed IRP project, First Southwest Community Fund will evaluate the benefits to rural development at large, the partner organizations that can assist, and the impacts that can be tracked as a result of the investment. 

Learn more about our unique lending program through the First Southwest Community Fund at fswcf.org.

Additionally, First Southwest Bank is proud to receive $5,000,000 through the USDA Rural Development Community Facilities Program. First Southwest Bank was one of 26 entities nationwide, and the only one in Colorado, to receive an award in 2016. This money will be used to facilitate funding for critical community facilities and nonprofits, such as libraries, fire stations and police stations, which often face unique roadblocks to securing funding. If you work for, or know of, a critical community facility that needs funding, Sherry Waner would love to meet with you.
 

We're In the AG Business Too

What we grow is YOUR agricultural business! And we do that by knowing AG lending. We've been a big part of helping Agricultural Businesses grow in the San Luis Valley for years and have expanded that expertise to all of the markets we serve in Southwest Colorado.

We have experienced teams in all of our branches. Please give us a call. Or feel free to contact Jeni Jack-Goodwin, our bank's President, directly at 719.587.4200 extension 4225.

What We Offer

 

  • Personal Fixed Rate Loans
  • Overdraft Protection for Your Checking Account
  • Automobile Loans - New and Pre-Owned
  • RV, Boat, Motorcycle and Land Loans
  • Home Equity Loans and Lines

A Home Equity Loan or Line of Credit can be used for almost any major expense, including:

  • Home improvement
  • Education expenses
  • Debt consolidation
  • Vacations
  • Vehicle purchases
  • Weddings
  • And much more

To apply for any of the loan programs listed above, please click here to download and complete a Consumer Loan Application (pdf). When you’ve completed the application, please print it and bring it to a lending professional at your nearest First Southwest Bank location.


The interest on your home equity loan or line of credit may even be tax deductible.*

*Speak with your tax advisor regarding deductibility.



Credit Cards - Earn Rewards
Our Consumer Credit Card Program is offered through UMB and features:

  • Competitive variable APR (annual percentage rate) for purchases, balance transfers, and cash advances
  • Introductory offer of 0% APR for the first 12 billing cycles for balances transferred within 60 days from account opening
  • Balance Transfer fee is three percent (3%) of the amount of the Balance transferred, with a $15 minimum and no maximum
  • Rewards Program
  • Earn 1 point per dollar spent on qualifying purchases
  • Redeem Points for merchandise, travel, sporting events, concerts, gift cards, account credit and even donate your points to charity
  • No annual fee
  • Visa’s Zero Liability fraud protection
 

APPLY NOW

 

 

Online Banking

We fully understand that you need quick and easy access to your money, your accounts and transaction options while on the go. We promise to continually strive to provide our customers with best-in-class online and mobile products and services.

SBA 7(a) Loans

Standard 7(a) Loan

Maximum loan amount: $5 million
Maximum SBA guarantee: 85% for loans up to $150,000 and 75% for loans greater than $150,000
Interest Rate: Lenders and borrowers can negotiate the interest rate, but it may not exceed the SBA maximum
Eligibility Decision: By the SBA. Qualified lenders may be granted delegated authority (PLP) to make eligibility determinations without SBA review
Revolving lines of credit: Up to 10 years (Permitted only under CAPLines submission. See below)
Forms: SBA Form 1919 and SBA Form 1920 are required for every loan (other SBA Forms may be required)
Collateral: Lenders are not required to take collateral for loans up to $25,000. For loans in excess of $350,000, the SBA requires that the lender collateralize the loan to the maximum extent possible up to the loan amount. If business fixed assets do not “fully secure” the loan the lender may include trading assets (using 10% of current book value for the calculation), and must take available equity in the personal real estate (residential and investment) of the principals as collateral.
Credit decision: By the SBA. Qualified lenders may be granted delegated authority (PLP) to make credit decisions without SBA review.


7(a) Small Loan

Maximum loan amount: $350,000
Maximum SBA guarantee: 85% for loans up to $150,000 and 75% for loans greater than $150,000
Interest Rate: Lenders and borrowers can negotiate the interest rate, but it may not exceed the SBA maximum
Eligibility Decision: By the SBA. Qualified lenders may be granted delegated authority (PLP) to make eligibility determinations without SBA review
Forms: SBA Form 1919 and SBA Form 1920 are required for every loan (other SBA Forms may be required)
Collateral: Lenders are not required to take collateral for loans up to $25,000. For loans over $25,000, up to and including $350,000, the lender must follow the collateral policies and procedures that it has established and implemented for its similarly-sized non-SBA-guaranteed commercial loans, but at a minimum the lender must take a first lien on assets financed with loan proceeds and lender must take a lien on all of the applicant’s fixed assets including real estate. Lender is not required to take a lien against applicant’s real estate when the equity is less than 25% of the fair market value. The lender may limit the lien taken against real estate to the loan amount.
Credit decision: By the SBA. Qualified lenders may be granted delegated authority (PLP) to make credit decisions without SBA review.
 

SBA Express Loans

The SBA Express program features an accelerated turnaround time for SBA review. 

Maximum loan amount: $350,000
Maximum SBA guarantee: 50%
Interest Rate: Lenders and borrowers can negotiate the interest rate, but it may not exceed the SBA maximum
Eligibility Decision: Made by the lender
Revolving lines of credit: Up to seven years with maturity extensions permitted at the outset
Forms: Lender primarily uses own forms and procedures, plus SBA Form 1919
Collateral: Lenders are not required to take collateral for loans up to $25,000. May use their existing collateral policy for loans over $25,000 up to $350,000.
Credit decision: Made by the lender
Purchase: Lender may request expedited SBA purchase on small loans or in situations where liquidation may be delayed

Simply Rewards Visa

Earn more rewards for all your everyday purchases.1

3x the points
1x the points

Apply Online Today
for a
Simply Rewards™
Visa® Credit Card

 

Apply Now

Branch: Ask an associate for details.

We make it easy to redeem

Access your account to see how many points you’ve earned through online banking or your monthly statement at www.cardcenterdirect.com.

Redeem your reward points for Account Credits, Gift Cards, Travel, Entertainment and more.1

 

Additional Visa Benefits

Fraud Protection
Visa’s Zero Liability Policy means your won’t be held responsible for any unauthorized charges made with your card or account information.2

Others
Including auto rental coverage, emergency cash, travel/emergency assistance, warranty manager and more.3

 

Online Credit Card Control

View transactions, pay bills and track expenses.

Includes eStatements with 18 months of history.

Learn more about our competitive rates and fees.

 

Cardholder Self-Service Contacts

Online Account Access – www.cardcenterdirect.com

Rewards Points Redemption – www.cardcenterdirect.com

Customer Service – 1.800.821.5184

 

Cards issued by UMB Bank, n.a.
1Cardholders earn 3 points per dollar on purchases with MCC codes: 5411 (Grocery Stores), 5541 or 5542 (Gas), 5310 (Discount Stores), 5812 (Restaurants) and 5814 (Fast Food). Cardholders earn 1 point per dollar on all other purchases. See Simply Rewards Rules for details.
2Visa's Zero Liability Policy covers U.S. issued cards only and does not apply to certain commercial card transactions. You must notify your financial institution immediately of any unauthorized use. For specific restrictions, limitations and other details, please consult your issuer.
3See the Rewards Rules and Guide to Benefits that accompany your card for details. Certain terms and conditions may apply.

Trusted Investment Partner

While Scott Strategic Investments operates independently from First Southwest Bank, we have developed a trusted relationship with both Bob Scott and Anthony Doctor and recommend you explore a possible relationship with their firm if you are interested in investments and wealth management. Bob and Anthony are happy to make appointments with you to discuss your financial wellness and goals, and can meet you at any of our branch locations.

To learn more about what Bob Scott and Anthony Doctor can offer you,
please visit their website.


Important Information:
Securities offered through Raymond James Financial Services, Inc. member
FINRA/SIPC, and are:
not deposits, not insured by the FDIC or any other government agency, not guaranteed by the bank and are subject to risk and may lose value.

 
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® in the U.S.

Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability. Raymond James is not affiliated with Scott Strategic Investments or First Southwest Bank.

Check the background of this firm on FINRA's BrokerCheck.

Trusted Mortgage Provider

While Academy Mortgage operates independently from First Southwest Bank, we have developed a trusted relationship with Brad Cook and Academy Mortgage and invite you explore a possible relationship with their independently owned mortgage company if you are interested in a home mortgage or related loan products.

Academy Mortgage has been meeting the needs of homebuyers across the United States since 1988. Academy is a direct lender, which means that they are equipped to complete
the entire loan process in-house and all loan processing, underwriting, closings, and funding are handled locally. As a result, they have a proven track record of closing loans as quickly and efficiently as possible. Academy Mortgage is not affiliated with First Southwest Bank. Visit Academy Mortgage for more information.

Brad Cook NMLS #1282306
(970) 749-5488
Academy Mortgage Corporation NMLS #3113
         

Mobile Banking

Download our FSWB-APP for Apple and Android devices and get all the convenient features of online banking on your mobile phone or tablet device.