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<title>Prepared By R.R. Donnelley Financial -- Form 8-K</title>
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<b>UNITED STATES </b></font></div>

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<b>SECURITIES AND EXCHANGE COMMISSION </b></font></div>

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<b>Washington D.C., 20549 </b></font></div>

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<b>Form 8-K </b></font></div> <div><font Size="1">&nbsp;</font></div>

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<b>Current Report </b></font></div>

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<b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </b></font></div>

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<b>Date Of Report (Date Of Earliest Event Reported):&nbsp;&nbsp;08/31/2005 </b></font></div>




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<b>First State Bancorporation </b></font></div>

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<b>(Exact Name of Registrant as Specified in its Charter)</b></font></div>

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<b>Commission File Number:&nbsp;&nbsp;001-12487</b></font></div>

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<div Align="center"><font Face="times New Roman" Size="3" Color="#000000"><b>New Mexico</b></font>
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<div Align="center"><font Face="times New Roman" Size="3" Color="#000000"><b>85-0366665</b></font>
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<b>(State or Other Jurisdiction of</b></font>
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<div Align="center"><font Face="times New Roman" Size="2" Color="#000000"><b>(I.R.S. Employer</b></font>
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<b>Incorporation or Organization)</b></font>
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<b>Identification No.)</b></font>
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<b>7900 Jefferson NE</div><div Align="center">Albuquerque, NM  87109</b></font></div>


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<b>(Address of Principal Executive Offices, Including Zip Code)</b></font>
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<b>505-241-7500 </b></font>
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<b>(Registrant&#146;s Telephone Number, Including Area Code) </b></font>
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<b> </b></font>
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<b>(Former name or former address, if changed since last report) </b></font>
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<b>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:<BR><BR>
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<b>[X]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR>
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<b>[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12)<BR>
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<b>[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))<BR>
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<b>[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))<BR>
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Items to be Included in this Report</b>
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<b>Item 8.01.&nbsp;&nbsp;&nbsp;&nbsp;Other Events</b></font>
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On August 31, 2005, First State Bancorporation, a New Mexico corporation ("First State"), Access Anytime Bancorp, Inc., a Delaware corporation ("Access Anytime") and AccessBank, a federal savings association and a wholly owned subsidiary of Access Anytime ("AccessBank"), entered into an Agreement and Plan of Merger (the "Merger Agreement").  Pursuant to the Merger Agreement, Access Anytime will merge (the "Merger") with and into First State with First State surviving.  <p>Under the terms of the Merger Agreement, Access Anytime stockholders will receive .791 shares of First State common stock for every share of Access Anytime common stock they hold.  Concurrently with the Merger, First State Bank N.M., a New Mexico state chartered bank and a wholly owned subsidiary of First State, and AccessBank will enter into a subsidiary merger agreement where AccessBank will merge with and into First State Bank N.M. with First State Bank N.M. surviving.<p>The completion of the Merger is subject to various customary closing conditions, including obtaining the approval of Access Anytime's stockholders and the receipt of applicable regulatory approvals.  In the event of a termination of the Merger Agreement under certain circumstances, First State or Access Anytime may be required to pay the other a termination fee as set forth in the Merger Agreement.  <p>A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein in its entirety and the foregoing description of the Merger is qualified in its entirety by reference to such press release.  First State will file the information required by Item 1.01 in a separate Current Report on Form 8-K.</font>
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<b>Item 9.01.&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits</b></font>
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(c) Exhibits.</div><div align="left" style="text-indent:4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibit 99.1 First State Bancorporation press release dated August 31, 2005.</font>
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<b>Signature(s) </b></font>
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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. </font>
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	First State Bancorporation</font>
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	Date: August 31, 2005.</font>
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	By:</font>
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	/s/&nbsp;&nbsp;&nbsp;&nbsp;H. Patrick Dee</font>
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	H. Patrick Dee</font>
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	<div><font Face="times New Roman" Size="2" Color="#000000">Executive Vice President and Chief Operating Officer</font>
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<b>Exhibit Index </b></font>
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	<b>Exhibit&nbsp;No.</b></font>
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	<b>Description</b></font>
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	EX-99.1</font>
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	First State Bancorporation press release dated August 31, 2005</font>
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Prepared By R.R. Donnelley Financial -- Form 8-K
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):  08/31/2005
First State Bancorporation
(Exact Name of Registrant as Specified in its Charter)
Commission File Number:  001-12487
New Mexico
85-0366665
(State or Other Jurisdiction of
(I.R.S. Employer
Incorporation or Organization)
Identification No.)
7900 Jefferson NE
Albuquerque, NM  87109
(Address of Principal Executive Offices, Including Zip Code)
505-241-7500
(Registrant's Telephone Number, Including Area Code)
(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:
[X]  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(17CFR240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
Item 8.01.    Other Events
On August 31, 2005, First State Bancorporation, a New Mexico corporation ("First State"), Access Anytime Bancorp, Inc., a Delaware corporation ("Access Anytime") and AccessBank, a federal savings association and a wholly owned subsidiary of Access Anytime ("AccessBank"), entered into an Agreement and Plan of Merger (the "Merger Agreement").  Pursuant to the Merger Agreement, Access Anytime will merge (the "Merger") with and into First State with First State surviving.
Under the terms of the Merger Agreement, Access Anytime stockholders will receive .791 shares of First State common stock for every share of Access Anytime common stock they hold.  Concurrently with the Merger, First State Bank N.M., a New Mexico state chartered bank and a wholly owned subsidiary of First State, and AccessBank will enter into a subsidiary merger agreement where AccessBank will merge with and into First State Bank N.M. with First State Bank N.M. surviving.
The completion of the Merger is subject to various customary closing conditions, including obtaining the approval of Access Anytime's stockholders and the receipt of applicable regulatory approvals.  In the event of a termination of the Merger Agreement under certain circumstances, First State or Access Anytime may be required to pay the other a termination fee as set forth in the Merger Agreement.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein in its entirety and the foregoing description of the Merger is qualified in its entirety by reference to such press release.  First State will file the information required by Item 1.01 in a separate Current Report on Form 8-K.
Item 9.01.    Financial Statements and Exhibits
(c) Exhibits.
Exhibit 99.1 First State Bancorporation press release dated August 31, 2005.
Signature(s)
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 State Bancorporation
Date: August 31, 2005.
By:
/s/    H. Patrick Dee
H. Patrick Dee
Executive Vice President and Chief Operating Officer
Exhibit Index
Exhibit No.
Description
EX-99.1
First State Bancorporation press release dated August 31, 2005