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First State Bank Southwest

2023 March Southwest Bankers Beat

Individual Retirement Account

Start planning now so your retirement years are the best they can be. Because every situation is different, we offer traditional and Roth IRA options. Each comes with its own unique advantages, so take a look below to see which is right for you. Our retirement specialists would be glad to help you plan your financial future. Get started today!
The traditional IRA is an account that allows you to defer taxes on your earnings until they are withdrawn. Contributions are non-deductible with a Roth IRA, but distributions are tax free and contribution withdrawals are penalty free.*
*Subject to some minimal conditions.

Prepare now for future medical expenses with this free, tax-advantaged savings account. With an HSA, you can earn interest on your balance to help you pay that big deductible on your health plan. Don't let unexpected medical bills catch you unprepared. An HSA can help.


Meet Savannah Lange, our Mortgage Loan Officer in Pipestone.

What goal do you have for yourself this year in work or your personal life?
My goal for the year is to continue to grow knowledge in the lending role to help our existing and new customers with their financial needs.

How do you save money?
We move money from our checking to our savings on payday.

Why should someone bank at fsbsw?
We are a friendly staff that care personally about our customers and community.

What activities are you involved in?
I am a new member of the Progress Inc Board and active with the Pipestone Band Board.

Our Communities

Edgerton's Dash for Cash

Worthington's Dash for Cash

Pipestone's Dash for Cash
Our CEO Greg Raymo was the recipient for the Friend of Education Award
We support the Pipestone Marching Band.