According to a Feb. 20 news release, First Southwest Bank a locally owned, independent community bank and one of two Community Development Financial Institution banks in Colorado, announced the appointment of Eric Guttormson as senior lending officer.

Guttormson comes from 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 vice president of commercial loan manager.

He will be responsible for providing strategic direction for the lending department, while ensuring compliance with current 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.”

For more information contact Ellen Stein, marketing director, at (970) 844-8808 or email ellen.stein@fswb.com.