Bank of the Southwest, History

The following are major historical events for Bank of the Southwest, including mergers and acquisitions.

1930-03-18Institution established: Original name:Hot Springs National Bank
1977-06-01Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1978-06-02Changed name to Western Bank
1989-04-26Changed name to FirstBank Truth or Consequences, New Mexico
1992-11-17Changed name to Bank of the Southwest
1993-08-27Acquired FirstBank, Farmington, New Mexico (19025) in FARMINGTON, NM
1995-01-09Moved bank headquarters from TRUTH OR CONSEQUENCES, NM to ROSWELL, NM