First Western Trust Bank Announces Sale of Three Meadows Ranch, Securing Long-Term Conservation and Community Benefit

February 20, 2025

DENVER, CO, February 20, 2025  — First Western Financial, Inc. (NASDAQ: MYFW)

First Western Trust Bank is pleased to announce the successful sale of the 4,251-acre Three Meadows Ranch to a collaborative community partnership that includes Eagle County Open Space and Natural Resources, Pitkin County Open Space & Trails, and the Aspen Valley Land Trust (AVLT). This landmark transaction, finalized on February 19, 2025, represents a significant step forward in regional conservation efforts, ensuring that this ecologically rich landscape remains protected for future generations.

Located along Cottonwood Pass in Missouri Heights, Three Meadows Ranch serves as a vital ecological corridor, supporting a resident elk herd of over 300 and encompassing high-priority habitats identified by Colorado Parks and Wildlife. The conservation effort guarantees the permanent protection of a diverse landscape featuring sagebrush, wetlands, aspen forests, and critical wildlife habitats. Additionally, the property contains substantial water resources, including multiple ponds, springs, and senior water rights from Cottonwood Creek, further enhancing its environmental significance.

Scott Wylie, Chairman and CEO of First Western Trust, commented on the transaction:

“At First Western Trust, we recognize the profound importance of our communities and the Western landscapes that define them. The sale of Three Meadows Ranch to this conservation partnership ensures that this remarkable property will be preserved for future generations, reflecting our dedication to the enduring legacy of the West. We chose this partnership because of our shared mission to steward and protect the natural and cultural heritage of our region. Their deep-rooted commitment to conservation and responsible land management made them the ideal buyers to carry forward this vision.”

This sale not only protects a significant ecological area but also brings lasting benefits to its local communities. The preserved open space will contribute to regional environmental sustainability, support wildlife migration patterns, and help maintain the natural beauty that is integral to the area’s identity. Additionally, the partnership will explore responsible public access opportunities, allowing residents and visitors to experience and appreciate the land while maintaining its integrity.

Over the coming months, the partnership will develop a comprehensive management plan that prioritizes environmental preservation while considering sustainable community engagement and educational opportunities.

First Western Trust is honored to have played a role in facilitating this transaction, reinforcing its commitment to initiatives that align with its mission of fostering strong communities and preserving the landscapes that define the Western United States.

About First Western Financial, Inc.

Headquartered in Denver, Colorado, First Western Trust is a financial services firm specializing in wealth management, private banking, and trust services for high-net-worth individuals and families. With a focus on personalized service and expert guidance, First Western Trust helps clients navigate their financial journeys with confidence. For more information about First Western Trust, visit www.myfw.com.

Media Contact:  Aimee Meester, Chief Marketing Officer, Aimee.Meester@myfw.com, 303-634-2772

Deposit products, loans, and lines of credit are offered through First Western Trust Bank, Member FDIC. Investment and insurance products and services are not a deposit, are not FDIC- insured, are not insured by any federal government