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RISK IS NOT A FOUR LETTER WORD

We manage risk.

That's what banks do. 

The entrepreneurs who start businesses, employ people, and grow the community, take risk in doing so. 

Risk is not bad. 

Risk has been taken through history to develop industry, to launch new technology, to build a free country.

Progress always involves risk

You can't steal second base if you keep your foot on first. 

Of late, taking reasonable chances is discouraged.

To us, that's simply unreasonable.

If you are willing to take a chance that will help grow jobs, build our community, or launch something new; we believe it's worth the risk. 

And that's a sure thing. 


 

Home Mortgage Lending

1st SouthWest Bank  (NMLS# 504376) is big in home mortgage lending. We have a "no-hassle" application.  Interest rates are very competitive. Now is the time to apply before interest rates go higher. Call our mortage experts in our Pagosa Springs office at 970-731-1300 or our Durango office at 970-375-1100 for details.

FDIC Insurance

It is important for you to know your deposit insurance coverage
* Explanation of FDIC Coverage

* Calculate your FDIC Insurance Coverage

Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and seperate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes interest on Lawyers Trust Account ("IOLTAs").  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov

International Debit Card Usage

Due to excessive international fraud, customers will not be able to use their 1st Southwest Bank debit cards at an international merchant. Please call us for more information.

We continue to make you aware of many Scams and ID thefts

Protect your money from telemarketing fraud, impersonation and identity fraud, lottery fraud, jury selection fraud, and many other frauds that are going on. If you are suspicious about anyone contacting you or sending you unsolicited lottery checks, please go to the FBI website for more information about these frauds: http://www.fbi.gov/majcases/fraud/fraudschemes.htm

Learn what you can do to help us safeguard your information

At First Southwest Bank, the security of customer information is priority.  One of the best ways to avoid fraud is to become an educated consumer.  Follow these simple guidelines to help safeguard your information.

What does First Southwest Bank do with your personal information?
Minimize

Financial companies choose how they share your personal information.  Federal law gives consumers the right to limit some but not all sharing.  Federal law also requires us to tell you how we collect, share and protect your personal information.  Please read this notice carefully to understand what we do.

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