UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): May 11, 2005
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FIRST FEDERAL BANC OF THE SOUTHWEST, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 000-51243 85-0453611
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(State or Other Jurisdiction) (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
300 North Pennsylvania Avenue, Roswell, New Mexico 88201
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (505) 622-6201
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Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On May 11, 2005, Catherine K. Gutierrez was appointed to the board of
directors of First Federal Banc of the Southwest, Inc. (the "Company") and First
Federal Bank. Ms. Gutierrez is expected to named as a member of the Company' s
audit committee. During the last two years, there have been no transactions or
proposed transactions between the Company and Ms. Gutierrez or her immediate
family where Ms. Gutierrez or her immediate family was or is to have a direct or
indirect material interest.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
FIRST FEDERAL BANC OF THE
SOUTHWEST, INC.
DATE: May 18, 2005 By: /s/ George A. Rosenbaum, Jr.
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George A. Rosenbaum, Jr.
Chief Financial Officer