First Western Federal Savings Bank

First Western Federal Savings Bank We run our bank like a business, not a bank! First Western Federal Savings Bank was established in 1979 as a Savings and Loan Association.

We are a federally chartered FDIC insured bank that makes loans in all 50 states for investors purchasing non-owner occupied real-estate employing a “common sense” lending strategy that is unique today. We lend on single family dwellings, apartments, commercial buildings and income-producing ag land to investors buying or refinancing investment real-estate as individuals, LLC’s or their corporate

entities. We also help investors leverage their current retirement plan assets to purchase real estate inside their self-directed IRA or 401(k). Since 2008, FWFSB has emerged as one of the nation’s leading non-recourse loan providers to self-directed retirement plans. Each loan request is evaluated by its own merits and our underwriting strategy is specialized to each loan. Additionally, we offer a special CRP purchase program for ag producers who would rather receive a lump-sum payment than wait for installments. Farmers and Ranchers often realize that they can create a better return by investing in their operations today than if they wait for CRP payments to trickle in over time. Our vision of “If it makes sense, we’ll do it!” has treated us and our customers very well over the years and the service we provide and the relationships we build separates us from other banks. We view our customers as partners and therefore work with them throughout the life of the loan to ensure it remains a sound investment for them and a good loan for the bank. If you have a need for a specialized loan, we are here to help!

Securing a non-recourse loan for your dream investment property is easy with First Western Federal Savings Bank. Take th...
11/25/2023

Securing a non-recourse loan for your dream investment property is easy with First Western Federal Savings Bank. Take the first step by contacting us today, and our team will assist you every step of the way. Let's make your investment dreams a reality! 💪💼

🍂🦃 Wishing you a warm and joyful Thanksgiving! May your day be filled with gratitude, love, and delicious moments. From ...
11/23/2023

🍂🦃 Wishing you a warm and joyful Thanksgiving! May your day be filled with gratitude, love, and delicious moments. From all of us, we are grateful for your continued support and trust. Happy Thanksgiving! 🍁🍽️

11/20/2023

As a leading provider of non-recourse loans, we empower individuals and businesses to thrive in the realm of real estate investments. Trust in our commitment to honesty, transparency, and exceptional customer service.

Choose First Western for your non-recourse loan needs and let's pave the way to your thriving financial future together.

Unlock the benefits of non-recourse loans with First Western Federal Savings Bank. We're committed to delivering unmatch...
11/18/2023

Unlock the benefits of non-recourse loans with First Western Federal Savings Bank. We're committed to delivering unmatched value and exceptional service throughout your loan journey. Contact us and experience the value of partnering with a trusted brand that puts your financial success first!

Multi-family real estate is a popular choice for holders of self-directed IRAs. We offer a range of financing programs, ...
11/16/2023

Multi-family real estate is a popular choice for holders of self-directed IRAs. We offer a range of financing programs, including IRA non-recourse loans, to help you achieve your retirement and financial goals. Leverage your retirement account to invest in real estate and unlock the potential of tax-deferred appreciation and income.

There are plenty of ways to invest in real estate, but one of the most popular among holders of Self-Directed IRAs is multi-family real estate. Multi-family ...

With a non-recourse loan from First Western Federal Savings Bank, your IRA takes the reins, protecting your personal ass...
11/15/2023

With a non-recourse loan from First Western Federal Savings Bank, your IRA takes the reins, protecting your personal assets. Say goodbye to the fear of financial distress, and hello to peace of mind. 💪

Real estate acquired with the intention of generating income through agricultural activities is called agricultural prop...
11/13/2023

Real estate acquired with the intention of generating income through agricultural activities is called agricultural property. It encompasses land specifically used for cultivating crops or raising livestock. When purchasing agricultural property with a non-recourse loan, you can leverage lease contracts to generate income from the property. 🚜💰

With multiple rental units, it's a great way to build a robust portfolio. And with our honesty and expertise, we're your...
11/12/2023

With multiple rental units, it's a great way to build a robust portfolio. And with our honesty and expertise, we're your go-to for IRA Non-Recourse Loans. Leverage your retirement account for tax-deferred appreciation and income from an asset you own, manage, and control.

Unleash your business's potential with non-recourse loans! Fuel growth today with First Western Federal Savings Bank. 💼💰
11/10/2023

Unleash your business's potential with non-recourse loans! Fuel growth today with First Western Federal Savings Bank. 💼💰

🏡💰 Dreaming of real estate investments but lack the upfront funds? Real estate loans can turn your dreams into reality. ...
11/08/2023

🏡💰 Dreaming of real estate investments but lack the upfront funds? Real estate loans can turn your dreams into reality. Discover the essentials of investor real estate loans in our comprehensive guide. We empower beginners to confidently navigate the world of real estate investments. Let's make your investment goals a reality!

Discover the essentials of real estate loans for investors in this comprehensive guide. Contact First Western Federal Savings Bank to get started!

11/07/2023

Looking for an investment that will generate passive income and pave the way for your retirement? Look no further than vacation rental properties! 🏖️🏡
✅ High ROI: The vacation rental market is booming, offering a significant return on investment. As more families choose vacation rentals over traditional hotels, your property can become a lucrative income source.
✅ Flexibility: With a non-recourse loan from our trusted lenders, you have the freedom to choose your dream vacation property. Whether it's a beachfront getaway or a cozy cabin in the woods, your investment options are limitless.
✅ Retirement Planning: Investing in vacation rental properties allows you to secure a steady income stream for your retirement years. Plus, you have the added benefit of enjoying your own vacation getaways when the property isn't occupied.
📞 Contact our non-recourse loan lenders today to learn more about financing your vacation rental property.

🌟 Discover the power of a self-directed IRA in our latest blog post! Learn how this flexible investment option allows yo...
11/05/2023

🌟 Discover the power of a self-directed IRA in our latest blog post! Learn how this flexible investment option allows you to diversify your portfolio with real estate, private equity, precious metals, and more. Take control of your retirement savings.

Visit First Western Federal Savings Bank and learn about the self-directed IRA today.

Address

402 Main Street
Rapid City, SD
57701

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+16053411203

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