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Bank

First Western Federal Savings Bank

myiralender.com
402 Main St, Rapid City, SD 57701

First Western Federal Savings Bank, based in South Dakota, is a federally chartered and FDIC-insured institution specializing in non-recourse loans for real estate investors across the United States.

Key Statistics

As of December 2025, public records show First Western Federal Savings Bank has originated approximately $8.1M in loan volume over the past 12 months, with an average loan size of $136k.

Volume (12mo)

$8.1M

Avg Loan Size

$136k

Total Mortgages

1,165

Total Borrowers

669

Lending Entities

First Western Federal Savings Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

First Western Fsb

1,107 mortgages recorded

First Western Federal Savings

58 mortgages recorded

Geography

First Western Federal Savings Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Ohio

Mortgages (12mo): 7

Volume (12mo): $539k

Total Volume: $5.7M

#2Florida

Mortgages (12mo): 7

Volume (12mo): $1.1M

Total Volume: $24.0M

#3North Carolina

Mortgages (12mo): 4

Volume (12mo): $344k

Total Volume: $9.5M

Top Borrowers

The following individuals have the most recorded mortgage transactions with First Western Federal Savings Bank. Click on a borrower to view their full investor profile.

+666 more not shown

FAQ

What type of lender is First Western Federal Savings Bank?

First Western Federal Savings Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. The majority of their loans (79%) are for business purposes.

What entities does First Western Federal Savings Bank fund loans under?

First Western Federal Savings Bank originates mortgages through 2 different lending entities. The most common include First Western Fsb and First Western Federal Savings. These are the legal entity names that appear on recorded mortgage documents.

Where is First Western Federal Savings Bank most active?

Based on recorded mortgages, First Western Federal Savings Bank is most active in Ohio, Florida, and North Carolina.

How many loans has First Western Federal Savings Bank originated?

Public records show 1,165 mortgages recorded for First Western Federal Savings Bank, with $8.1M in volume over the past 12 months.

What is the average loan size for First Western Federal Savings Bank?

The average mortgage size for First Western Federal Savings Bank is $136k based on all recorded mortgages.

Does First Western Federal Savings Bank offer short-term loans?

First Western Federal Savings Bank primarily offers long-term financing, with only 2% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.