By Ellen Stein
First Southwest Bank (FSWB), a locally owned, independent community bank, and one of two Community Development Financial Institution (CDFI) banks in Colorado, announces the appointment of Eric Guttormson as Sr. Lending Officer.
Eric will be responsible for providing strategic direction for the Lending Department, while also ensuring compliance with all applicable laws and regulations. He will provide lending solutions to business customers, including those in underserved rural communities.
“I’m thrilled to join the committed and innovative team at First Southwest Bank” said Guttormson, “and look forward to forming new relationships with colleagues and customers who are making a positive impact every day by bringing social capital partners together to empower equitable economic progress in Southern and rural Colorado.”
Eric spent the past seven years at Sunrise Banks in Minnesota, a CDFI bank focused on financial empowerment, where he served as a Commercial Credit Analyst, Commercial Portfolio Manager, Commercial Loan Officer, and VP Commercial Loan Manager. Prior to Sunrise, he was a Commercial Credit Analyst at MinnWest Bank. Eric finds fulfillment in continued learning and mentoring others to expand their knowledge and skills.
“I’m thrilled to have Eric as part of our First Southwest Bank Team! Eric brings energy and CDFI lending experience that will allow FSWB to elevate our small business solutions and expand our reach to underserved rural communities. We are grateful to have Eric’s leadership and mission-focused mindset to further support the social and economic landscape of rural Colorado,” said Kristy Esquibel, EVP, Chief Credit Officer, First Southwest Bank.
About First Southwest Bank
First Southwest Bank (FSWB) is a locally owned, independent community bank, and one of two Community Development Financial Institution (CDFI) banks in Colorado offering personal and business banking, agricultural and small business loans. FSWB puts customer dollars to work to improve the social and economic landscape of Southern and rural Colorado. With its non-profit partner, the First Southwest Community Fund, FSWB ensures its region’s entrepreneurs, small businesses, and not-for-profit organizations have access to the inclusive and equitable capital they need to grow and enrich our communities. More information is available at fswb.bank.
Ellen Stein is Marketing Director with First Southwest Bank.