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First Western Trust Merger

Teton Financial Services, parent company of Rocky Mountain Bank, and First Western Financial announce a Plan of Merger. 

Friends, colleagues, and clients of Rocky Mountain Bank,

I am writing to you this after­noon to share some impor­tant and exciting news about the future of Rocky Mountain Bank. Today, Teton Financial Services, parent company of Rocky Mountain Bank, and First Western Financial (Nasdaq: MYFW), parent company of First Western Trust Bank, completed their trans­ac­tion to merge as one bank. This collab­o­ra­tion brings together two highly comple­men­tary insti­tu­tions with similar values, business models, and rela­tion­ship-oriented approaches to banking who will continue to provide solu­tions to support clients’ finan­cial needs.

As one bank, we are commit­ted to provid­ing local, trusted exper­tise to help every client, and offer more options includ­ing increased borrow­ing capacity, expan­sion of trust and wealth manage­ment services, and the addition of retire­ment and insur­ance solu­tions. For commer­cial clients, we are able to accom­mo­date larger credit to grow and expand their busi­nesses. And, we’ll continue to deliver these solu­tions with an unwa­ver­ing commit­ment to person­al­ized service and client experience. 

What changes are coming to Rocky Mountain Bank?

For now, clients can expect business as usual” — banking at the same loca­tions and with many of the same people who have helped them over the years. Clients will receive commu­ni­ca­tions related to any planned changes well before they occur. 

Are any Rocky Mountain Bank office locations closing?

Following the merger, we plan to bring First Western’s Jackson office into Rocky Mountain Bank’s Jackson facility. Ultimately, we plan to retain all Rocky Mountain Bank branch loca­tions includ­ing the Jackson, Pinedale, and Rock Springs offices. Clients will receive commu­ni­ca­tions well in advance of any unex­pected changes to our office locations.

What if clients have specific questions about their account?

Please feel free to reach out to your local Rocky Mountain Bank repre­sen­ta­tive for specific ques­tions about your account(s). The Rocky Mountain Bank and First Western Trust team is avail­able to help make this tran­si­tion a smooth one. As one of our customers, you can be confi­dent that Rocky Mountain Bank’s rela­tion­ship-oriented approach remains our highest priority.

We are thrilled to bring the resources of such a highly regarded Western-focused private banking fran­chise, to Rocky Mountain Bank’s clients. With the greater resources provided by First Western Trust, we will have the oppor­tu­nity to enhance the banking expe­ri­ence provided to each of our customers while main­tain­ing the high level of person­al­ized service you have to expect from Rocky Mountain Bank.

Thank you for being a part of the Rocky Mountain Bank, and First Western Trust family. 

Mark Hendrickson,
CEO Rocky Mountain Bank