First SouthWest Bancorporation, Inc.

What their website says about applying

• The application is available on paper or online. source
• Lease agreement must be for a minimum of one year. Proof of lease must be provided. source
• Interested community members can learn more about these rental assistance micro-loans and start the application process by visiting the source

Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.

As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.

• Minimum credit score: 660 Minimum FICO score of 660 with no active collections. source
• Income limit applies Borrower must make 120% or less of Area Median Income (AMI) for La Plata County. source
• Collateral flexible or not always required Unsecured (no collateral required) source
• Low or damaged credit considered Good Credit Scores are not required in order to open a credit-builder loan. source
• Business plan required You will need to provide a detailed written description of your business that answers the following questions. source

Only rules the lender's own pages state. Other requirements may apply.

Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. The online loan portal only accepts applications from certain ZIP codes. Terms change — confirm with the lender before applying.

Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.

1. Is there a minimum loan amount?
   Their website gives a maximum ($750,000) but no minimum.
2. What is the APR, including fees, on your credit-builder loans and personal loans?
   Their website does not state an APR. The APR includes fees, so it is the number to compare.
3. Do you offer free coaching or help preparing my application?
   CDFI certification requires development services, such as training or advice, alongside lending.
4. What documents will you need from me, and how long does a decision usually take?
   Their website describes some application steps (above); ask for the full document list.

Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.

Subsidiary bank on file with the FDIC: First Southwest Bank (FDIC cert 57741, total assets $657.5 million). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.

An office shows where the lender has a branch, not where it lends or whom it lends to.

A bank holding company files no Call Report of its own. These figures are from its subsidiary bank, First Southwest Bank (RSSD 3224302, FDIC cert 57741), the only active bank the FDIC lists under this holding company. Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.

Loan mix (balances on 30 Jun 2026)

Within consumer loans: auto loans $2.5 million.

Small business loans (original amount $1 million or less, balances on 30 Jun 2026)

Small farm loans (original amount $500,000 or less, balances on 30 Jun 2026)

Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.

For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Prime rate: FRED DPRIME.

SBA loan data names this holding company's bank, not the holding company. Its subsidiary First Southwest Bank is certified separately and shows its SBA 7(a) and 504 approvals for FY2020–FY2026 on its own page.

Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.

Other certified CDFIs in Alamosa and Colorado

• FIRST SOUTHWEST COMMUNITY FUNDLoan fund · Alamosa, COOfficial list only
• B:Side FundLoan fund · Denver, COCommercial real estate loans, Equipment loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
• Colorado Enterprise Fund, Inc.Loan fund · Denver, COChild-care facility financing, Microloans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
• Community Enterprise Development ServicesLoan fund · Aurora, COSmall-business loansVerified
• Energize Colorado Inc.Loan fund · Boulder, COAgriculture / farm loans, Equipment loans, Small-business loansVerified
• First Southwest BankBank or thrift · Durango, COAgriculture / farm loans, Credit-builder loans, Microloans, Personal / consumer loans…Verified

All 16 CDFIs in Colorado