SECURITIES AND EXCHANGE
COMMISSION


Washington,
D.C. 20549





FORM
10-Q





[x]
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE


SECURITIES
EXCHANGE ACT OF 1934





For the
Quarterly period ended   September 30,
2008





[]
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE


SECURITIES
EXCHANGE ACT OF 1934





Commission
File No. 000-52530





Across AmericaFinancial Services,
Inc.


(Exact
Name of Issuer as specified in its charter)





Colorado
            20-8097969(State
      or other jurisdiction
            (IRS
      Employer File Number)of
      incorporation)700
      17th
      Street, Suite 1200Denver,
      Colorado
            80202(Address
      of principal executive offices)
            (zip
      code)





(303)
893-1003


(Registrant's
telephone number, including area code)





Check
whether the issuer: (1) filed all reports required to be filed by Section 13 or
15(d) of the Exchange Act during the past 12 months (or for such shorter period
that the registrant was required to file such reports); and (2) has been subject
to such filing requirements for the past 90 days.    Yes
[X]  No [ ]





Indicate
by check mark whether the registrant is a large accelerated filer, a
non-accelerated filer, or a smaller reporting company. See definitions of “large
accelerated filer,” “accelerated filer,” and “small reporting company” in Rule
12b-2 of the Exchange Act.





Large
      accelerated filer []
            Accelerated
      filer []Non-accelerated
      filer []
              (Do
      not check if a smaller reporting company)
            Smaller
      reporting company  [X]





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act)  Yes [X]    No [
]





The
number of shares outstanding of the Registrant's common stock, as of the latest
practicable date, October 15, 2008, was 1,810,476.








FORM
10-Q


Across
America Financial Services, Inc.





TABLE OF
CONTENTS











PART
      I  FINANCIAL INFORMATIONItem
      1. Financial Statements for the period ended September 30,
      2008Balance
      Sheet (Unaudited)
            3Statements
      of Operations (Unaudited)
            4Statement
      of Changes in Shareholders' Deficit (Unaudited)
            5Statements
      of Cash Flows (Unaudited)
            6Notes
      to Financial Statements
            7Item
      2. Management’s Discussion and Analysis and Plan of
    Operation
            10Item
      3. Quantitative and Qualitative Disclosures About Market
    Risk
            13Item
      4. Controls and Procedures
            13Item
      4T. Controls and Procedures
            13PART
      II  OTHER INFORMATIONItem
      1. Legal Proceedings
            13Item
      1A. Risk Factors
            13Item
      2. Unregistered Sales of Equity Securities and Use of
    Proceeds
            16Item
      3. Defaults Upon Senior Securities
            17Item
      4. Submission of Matters to a Vote of Security Holders
            17Item
      5. Other Information
            17Item
      6. Exhibits
            17Signatures
            18






-
2 -


PART
I  FINANCIAL INFORMATION





References
in this document to "us," "we," or "Company" refer to Across America Financial
Services, Inc.





ITEM
1.  FINANCIAL STATEMENTS





Across
America Financial Services, Inc.


(A
Development Stage Company)


Balance
Sheets





December
      31,2007September
      30,
            
            
            (Derived
      from2008
            
            
            auditedAssets
            
            (unaudited)
            
            
            statements)Cash
      and cash equivalents  (note 1)
            
            $
            15,341
            
            
            $
            5,388Prepaid
      expenses
            
            
            2,529
            
            
            
            1,910Total
      assets
            
            $
            17,870
            
            
            $
            7,298Liabilities
      and Shareholders' DeficitLiabilitiesAccrued
      liabilities  (note 1)
            
            $
            4,000
            
            
            $
            3,717Note
      payable, related party  (note 2)
            
            
            98,136
            
            
            
            62,268Total
      liabilities
            
            
            102,136
            
            
            
            65,985Shareholders'
      deficit (note 4)Preferred
      stock, $.10 par value; 1,000,000 shares authorized,
            
            
            -
            
            
            
            --0-
      shares issued and outstandingCommon
      stock, $.001 par value; 50,000,000 shares authorized,
            
            
            1,810
            
            
            
            1,8101,810,476
      shares issued and outstandingAdditional
      paid-in-capital
            
            
            614
            
            
            
            614Deficit
      accumulated during development stage
            
            
            (86,690
            )
            
            
            (61,111
            )Total
      shareholders' deficit
            
            
            (84,266
            )
            
            
            (58,687
            )Total
      liabilities and shareholders' deficit
            
            $
            17,870
            
            
            $
            7,298





The
accompanying notes are an integral part of these financial
statements




-
3 -








Across
America Financial Services, Inc.


(A
Development Stage Company)


Statements
of Operations


(unaudited)





December
      1,2005(Inception)Three
      months ended
            
            
            Nine
      months ended
            
            
            ThroughSeptember
      30,
            
            
            September
      30,
            
            
            September
      30,2008
            
            
            2007
            
            
            2008
            
            
            2007
            
            
            2008Operating
      expenses:Selling,
      general and administrative
            
            $
            4,413
            
            
            $
            2,869
            
            
            $
            16,078
            
            
            $
            50,562
            
            
            $
            70,967Total
      operating expenses
            
            
            4,413
            
            
            
            2,869
            
            
            
            16,078
            
            
            
            50,562
            
            
            
            70,967Loss
      from operations
            
            
            (4,413
            )
            
            
            (2,869
            )
            
            
            (16,078
            )
            
            
            (50,562
            )
            
            
            (70,967
            )Non-operating
      expense:Interest
      expense, related party (note 2)
            
            
            (3,136
            )
            
            
            (1,973
            )
            
            
            (9,501
            )
            
            
            (3,954
            )
            
            
            (15,723
            )Loss
      before income taxes
            
            
            (7,549
            )
            
            
            (4,842
            )
            
            
            (25,579
            )
            
            
            (54,516
            )
            
            
            (86,690
            )Net
      loss
            
            $
            (7,549
            )
            
            $
            (4,842
            )
            
            $
            (25,579
            )
            
            $
            (54,516
            )
            
            $
            (86,690
            )Basic
      and diluted loss per share
            
            $
            (0.00
            )
            
            $
            (0.00
            )
            
            $
            (0.01
            )
            
            $
            (0.03
            )Basic
      and diluted weighted average commonshares
      outstanding
            
            
            1,810,476
            
            
            
            1,810,476
            
            
            
            1,810,476
            
            
            
            1,810,476




The
accompanying notes are an integral part of these financial
statements




-
4 -




Across
America Financial Services, Inc.


(A
Development Stage Company)


Statement
of Changes in Shareholders' Deficit


For the
nine months ended September 30, 2008


(unaudited)





DeficitAccumulatedPreferred
      Stock
            
            
            Common
      Stock
            
            
            Additional
            
            
            DuringPar
            
            
            
            
            
            Par
            
            
            Paid-in
            
            
            DevelopmentShares
            
            
            Value
            
            
            Shares
            
            
            Value
            
            
            Captial
            
            
            Stage
            
            
            TotalBalance
      at December 31, 2006
            
            
            -
            
            
            $
            -
            
            
            
            2,000,000
            
            
            $
            2,000
            
            
            $
            -
            
            
            $
            (500
            )
            
            $
            1,500January
      12, 2007 Warrant expense  (note 5)
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            424
            
            
            
            -
            
            
            
            424March
      22, 2007 - AARD Spin Off  (note 4)
            
            
            -
            
            
            
            -
            
            
            
            (189,524
            )
            
            
            (190
            )
            
            
            190
            
            
            
            -
            
            
            
            -Net
      loss, year endedDecember
      31, 2007
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            (60,611
            )
            
            
            (60,611
            )Balance
      at December 31, 2007
            
            
            -
            
            
            $
            -
            
            
            
            1,810,476
            
            
            $
            1,810
            
            
            $
            614
            
            
            $
            (61,111
            )
            
            $
            (58,687
            )Net
      loss, for the nine months endedSeptember
      30, 2008
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            -
            
            
            
            (25,579
            )
            
            
            (25,579
            )Balance
      at September 30, 2008
            
            
            -
            
            
            $
            -
            
            
            
            1,810,476
            
            
            $
            1,810
            
            
            $
            614
            
            
            $
            (86,690
            )
            
            $
            (84,266
            )





The
accompanying notes are an integral part of these financial
statements


-
5 -




Across America Financial Services, Inc.


(A
Development Stage Company)


Statements
of Cash Flows


(unaudited)





December
      1,2005(Inception)Nine
      months ended
            
            
            ThroughSeptember
      30,
            
            
            September
      30,2008
            
            
            2007
            
            
            2008Cash
      flows from operating activities:Net
      loss
            
            $
            (25,579
            )
            
            $
            (54,516
            )
            
            $
            (86,690
            )Adjustments
      to reconcile net loss to net cash used by operating
      activities:Warrant
      expense  (note 5)
            
            
            —
            
            
            
            424
            
            
            
            424Changes
      in operating assets and operating liabilities:Prepaid
      expenses
            
            
            (619
            )
            
            
            (2,537
            )
            
            
            (2,529
            )Accounts
      payable and accrued liabilities
            
            
            1,151
            
            
            
            3,239
            
            
            
            7,136Net
      cash (used in) operating activities
            
            
            (25,047
            )
            
            
            (53,390
            )
            
            
            (81,659
            )Cash
      flows from financing activities:Proceeds
      from sale of common stock
            
            
            —
            
            
            
            —
            
            
            
            2,000Proceeds
      from note payable, related party (note 2)
            
            
            35,000
            
            
            
            60,000
            
            
            
            95,000Net
      cash provided by financing activities
            
            
            35,000
            
            
            
            60,000
            
            
            
            97,000Net
      change in cash
            
            
            9,953
            
            
            
            6,610
            
            
            
            15,341Cash
      and cash equivalents, beginning of period
            
            
            5,388
            
            
            
            2,000
            
            
            
            —Cash
      and cash equivalents, end of periood
            
            $
            15,341
            
            
            $
            8,610
            
            
            $
            15,341Supplemental
      disclosure of cash flow information:Cash
      paid during the period for:Income
      taxes
            
            $
            —
            
            
            $
            —
            
            
            $
            —Interest
            
            $
            8,634
            
            
            $
            1,981
            
            
            $
            12,587





The
accompanying notes are an integral part of these financial
statements




-
6 -








Across
America Financial Services, Inc.


(A
Development Stage Company)


Notes
to Financial Statements






(1)  
Nature of Organization and Summary of Significant Accounting
Policies




Nature
of Organization and Basis of Presentation


Across
America Financial Services, Inc. (the “Company”) was incorporated in the state
of Colorado on December 1, 2005 and was formerly a wholly-owned subsidiary of
Across America Real Estate Corp. (“AARD”).  The Company commenced
operations on November 9, 2006, after the approval of its business
plan.





The
Company is a development stage enterprise in accordance with Statement of
Financial Accounting Standards (“SFAS”) No. 7, “Accounting and Reporting by
Development Stage Enterprises”. The Company was organized to provide a
nationwide, mortgage commercial brokerage operation. The Company plans to
incorporate traditional mortgage brokering with a web-based, automated
underwriting system which allows clientele to process loan applications
twenty-four hours a day, seven days a week.





The
accompanying interim financial statements have been prepared pursuant to the
rules of the Securities and Exchange Commission (the "SEC") for quarterly
reports on Form 10-Q and do not include all of the information and note
disclosures required by generally accepted accounting principles. These
financial statements and notes herein are unaudited, but in the opinion of
management, include all the adjustments (consisting only of normal recurring
adjustments) necessary for a fair presentation of the Company’s financial
position, results of operations, and cash flows for the periods presented. These
financial statements should be read in conjunction with the Company's audited
financial statements and notes thereto included in the Company’s Form 10-K for
the year ended December 31, 2007 as filed with the SEC. Interim operating
results are not necessarily indicative of operating results for any future
interim period or for the full year.







(2) 
 Income Taxes





The
Company records its income taxes in accordance with SFAS No. 109, “Accounting
for Income Taxes”. The Company incurred net operating losses during all periods
presented resulting in a deferred tax asset, which was fully allowed for;
therefore, the net benefit and expense resulted in $-0- income
taxes.




-
7 -





Across
America Financial Services, Inc.


(A
Development Stage Company)


Notes
to Financial Statements




(3)  
Related Party Transactions




Promissory
Note and Warrants


In
January 2007, Safe Harbor I, LLC., formerly known as Safe Harbor Business
Development Company (“Safe Harbor”), a related party controlled by the Company’s
president, agreed to provide the Company operating capital in the form of a loan
of $250,000. This loan is evidenced by an unsecured promissory note dated
January 12, 2007. The note carries a 15% interest rate and matured on January
12, 2008. The Company extended the maturity date by one year to January 12,
2009.  Included with the extension is a renewal fee equal to 1.5% of
the outstanding principal balance as of January 12, 2008. Interest payments are
due every 90 days and any payments not received by the due date will incur a
default interest rate of 24%.  All interest and renewal fees have been
paid as of September 30, 2008.





In
addition, on January 12, 2007, the Company issued Safe Harbor warrants to
purchase 200,000 shares of the Company’s common stock at a price of $.01 per
share. The warrants expire five years from the date of issuance.





As of
September 30, 2008 our total outstanding principal and interest due to our notes
payable is as follows:





As
      of September 30, 2008Principal
            
            $
            95,000Accrued
      interest
            
            
            3,136$
            98,136







(4)  
Stockholders’ Equity





On
January 10, 2007, the directors of Across America Real Estate Corp. (“AARD“)
approved, subject to the effectiveness of a registration with the Securities and
Exchange Commission, a spin off to its shareholders of record as of March 1,
2007 (the “Record Date”), on a pro rata basis, with one share each of Financial
Services to be issued for each ten shares issued and outstanding of common stock
or common stock upon conversion of AARD preferred stock owned by such AARD
shareholders as of the Record Date. Since AARD’s business is related to the
proposed activities of Financial Services, the AARD directors decided it was in
the best interest of AARD and Financial Services and AARD’s shareholders to
spin-off Financial Services to minimize any potential of conflict of
interest.





The spin
off was completed on March 21, 2007. As of September 30, 2008 the total shares
issued and outstanding is 1,810,476. The remaining 189,524 shares after the
spin-off were cancelled and the par value of those shares is reflected in
additional paid-in capital in the amount of $190.






(5)  
Warrant Expense





On
January 12, 2007, the Company issued Safe Harbor warrants to purchase 200,000
shares of the Company’s common stock at a price of $.01 per share. The warrants
expire five years from the date of issuance.




The fair
value of the each warrant was calculated on the grant date of January 12, 2007
using the Black-Scholes model and was valued at $0.0021 using the following
assumptions and inputs:


-
8 -


Across
America Financial Services, Inc.


(A
Development Stage Company)


Notes
to Financial Statements










Quarter
      Ended
              September
      30,2008Risk
      free interest rate
            
            
            4.76
            %Expected
      life
            
            
            5.0Dividend
      yield
            
            
            0.00
            %Expected
      volatility
            
            
            0.00
            %Fair
      Value
            
            $
            0.0021




There are
a number of assumptions and estimates used in calculating the fair value of
warrants. These include the expected term of the warrant, the expected
volatility and the risk free interest rate. These assumptions are included in
the charts above. The basis for our expected volatility and expected term
estimates is a combination of our historical information. The risk-free interest
rate is based upon yields of U.S. Treasury strips with terms equal to the
expected life of the warrants or award being valued. Across America Financial
Services, Inc. does not currently pay a dividend on its common stock, nor does
the Company expect to pay a dividend on its common stock.





We accrue
the warrant expense in the period in which the warrants are issued. The total
amount of compensation calculated for the full amount of warrants granted and
accrued is $424. This expense was recorded in Selling, general and
administrative on the Statements of Operations.




Warrant
activity through the quarter ended September 30, 2008 is summarized as
follows:


Warrants
      Outstanding
            
            Warrants
      ExercisableNumber
              of
      Warrants
            
            Weighted
      Average Exercise Price
            
            Weighted
      Average Remaining Contractual Term
            
            Aggregate
      Intrinsic Value
            
            Shares
      Exercisable
            
            Weighted
      Average Exercise Price
            
            Weighted
      Average Remaining Contractual Term
            
            Aggregate
      Intrinsic ValueBalance
      at December 31,2007
            
            
            200,000
            
            0.01
            
            
            -
            
            -
            
            
            200,000
            
            0.01
            
            
            -
            
            -Activity
      during 2008:Granted
            
            
            -
            
            -
            
            
            -
            
            -
            
            
            -
            
            -
            
            
            -
            
            -Expired/Cancelled
            
            
            -
            
            -
            
            
            -
            
            -
            
            
            -
            
            -
            
            
            -
            
            -Forfeited
            
            
            -
            
            -
            
            
            -
            
            -
            
            
            -
            
            -
            
            
            -
            
            -Exercised
            
            
            -
            
            -
            
            
            -
            
            -
            
            
            -
            
            -
            
            
            -
            
            -Balance,
      at September 30, 2008
            
            
            200,000
            
            0.01
            
            
            3.3
            
            -
            
            
            200,000
            
            0.01
            
            
            3.3
            
            -







(6)  
Subsequent Event





Effective
October 16, 2008, we paid off the principal and accrued interest due on our loan
to Safe Harbor Development Company, as assigned to Safe Harbor 1, LLC. At the
same time, we entered into a loan arrangement with West Mountain Prime, LLC.,
which is affiliated with our President, Mr. Klemsz. We borrowed $132,000 from
West Mountain Prime, LLC to provide operating capital to cover operating
expenses. This loan is evidenced by an unsecured promissory note (the “Note”)
which is now due October 16, 2009, unless converted. All principal and interest
accrues until the Note is due or converted. The applicable interest rate on the
Note is 12% per annum except in the event that we fail to convert any portion of
the principal and pay the interest due in which case the applicable rate on the
Note shall thereafter be 18% per annum.At any time prior to the
due date of the Note, all outstanding principal under the Note may, at the sole
option of the Holder, be converted into our common shares equal to the
outstanding principal amount of the note divided by
..22.


-
9 -


ITEM
2.     MANAGEMENT’S DISCUSSION AND ANALYSIS AND PLAN OF
OPERATION





The
following discussion of our financial condition and results of operations should
be read in conjunction with, and is qualified in its entirety by, the
consolidated financial statements and notes thereto included in, Item 1 in this
Quarterly Report on Form 10-Q.  This item contains forward-looking
statements that involve risks and uncertainties.  Actual results may
differ materially from those indicated in such forward-looking
statements.





Forward-Looking
Statements




This Quarterly Report on Form 10-Q and the documents
incorporated herein by reference contain forward-looking statements that have
been made pursuant to the provisions of the Private Securities Litigation Reform
Act of 1995.  Such forward-looking statements are based on current
expectations, estimates, and projections about our industry, management beliefs,
and certain assumptions made by our management.  Words such as
“anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”,
variations of such words, and similar expressions are intended to identify such
forward-looking statements.  These statements are not guarantees of
future performance and are subject to certain risks, uncertainties, and
assumptions that are difficult to predict; therefore, actual results may differ
materially from those expressed or forecasted in any such forward-looking
statements.  Unless required by law, we undertake no obligation to
update publicly any forward-looking statements, whether as a result of new
information, future events, or otherwise.  However, readers should
carefully review the risk factors set forth herein and in other reports and
documents that we file from time to time with the Securities and Exchange
Commission, particularly the Annual Reports on Form 10-K, Quarterly reports on
Form 10-Q and any Current Reports on Form 8-K.






Overview
and History




We were formed under the laws of the
State of Colorado on December 1, 2005. Until March 23, 2007, we were a
wholly-owned subsidiary of Across America Real Estate Corp.(“AARD”). On January 10,2007, the directors of AARD approved,
subject to the effectiveness of a registration with the Securities and Exchange
Commission, the pro rata spin-off of Financial Services to AARD shareholders of
record on March 1,2007on a pro rata basis. Since AARD’s
business is related to the proposed activities of Financial Services, the AARD
directors decided it was in the best interest of AARD and Financial Services and
AARD's shareholders to spin-off Financial Services to minimize any potential of
conflict of interest.




The
shares of Financial Services were owned by AARD, who distributed our shares to
the AARD shareholders on or about March 23, 2007.





Our
principal business address is 700 17th Street,
Suite 1200, Denver, Colorado 80202. We are a development stage
company.  Our development stage began when we approved our business
plan on November 9, 2006. Our plan is to act as a mortgage broker for commercial
real estate transactions. We will focus on built-to-suit real estate projects
for specific retailers. We will first attempt to establish an effective client
lending base for which we can provide services. We plan to utilize our
relationship with AARD for referrals and the expertise of third party
independent contractors who we plan to hire to develop lending opportunities.
Each contractor will be expected to utilize his previous contacts in business to
develop potential opportunities.





We have
not been subject to any bankruptcy, receivership or similar
proceeding.


-
10 -




Results
of Operations




The
following discussion involves our results of operations for the three
months and nine months ending September 30, 2008 and September 30, 2007 and
from inception through September 30, 2008.  We had no revenues for the
three months ended September 30, 2008 or for the three months ended September
30, 2007.  We had no revenues for the nine months ended September 30,
2008 or for the nine months ended September 30, 2007. We had no revenues from
inception through September 30, 2008.





We had no
Cost of Sales during those periods.





Selling,
general and administrative costs were $4,413 for the three months ended
September 30, 2008, compared to $2,869 for the three months ended September 30,
2007.  Selling, general and administrative costs were $16,078 for the
nine months ended September 30, 2008, compared to $50,562 for the nine months
ended September 30, 2007.  Selling, general and administrative costs
were $70,967 from inception through September 30, 2008. Most of the costs
were attributable professional fees relating to filing of the quarterly
reports.   We believe that our selling, general and
administrative costs will increase as we grow our business activities going
forward.





We had a
net loss of $7,549 for the three months ended September 30, 2008 compared to a
net loss of $4,842 for the three months ended September 30, 2007. We had a
net loss of $25,579 for the nine months ended September 30, 2008 compared to a
net loss of $54,516 for the nine months ended September 30, 2007. We had a
net loss of $86,690 from inception through September 30, 2008. The losses
in each year over year period reflect higher start up costs to develop our
business plan.





Liquidity
and Capital Resources





Our cash
balance on September 30, 2008 was $15,341.  This compares to a cash
balance of $8,610 on September 30, 2007.  Our plan is to act as a
mortgage broker for commercial real estate transactions. We will be dependent
on our ability to market our services in order to generate revenue for our
operations.





We had
cash used in operating activities of $25,047 for the nine months ended September
30, 2008.  We had cash used in operating activities of $53,390 for the
nine months ended September 30, 2007.





We had
cash cash provided by financing activities of $35,000 for the nine months ended
September 30, 2008 and $60,000 for the nine months ended September 30,
2007.   Management believes that this situation will change as we
develop our business plan.







Management
continues to assess our capital resources in relation to its ability to fund
continued operations on an ongoing basis.  As such, management may
seek to access the capital markets to raise additional capital through the
issuance of additional equity, debt or a combination of both in order to fund
our operations and growth.




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11 -


Plan
of Operation for December 31, 2007 to December 31, 2008





We
intend to act as a mortgage broker for commercial real estate transactions. Our
operating costs are expected to range between $30,000 and $50,000 for the fiscal
year ending December 31, 2008. These operating costs include insurance, taxes,
utilities, maintenance, contract services and all other costs of operations.
However, the operating costs and expected revenue generation are difficult to
predict. We expect to generate revenues in the next twelve months from mortgage
brokerage services using referrals from AARD and unrelated individuals and
entities that operate in the financial services business. Since there can be no
assurances that revenues will be sufficient to cover operating costs for the
foreseeable future, it may be necessary to raise additional funds. Due to our
lack of operating history, raising additional funds may be difficult. In
January, 2008, an organization named Safe Harbor I, LLC., formerly known as Safe
Harbor Business Development Company (“Safe Harbor”), which is controlled by our
largest shareholder, GDBA Investments, LLLP, agreed to provide operating capital
in the form of a loan of $250,000 to cover operating expenses. This loan is
evidenced by an unsecured promissory note which was due January 12, 2009.
Effective October 16, 2008, we paid off the principal and accrued interest due
on our loan to Safe Harbor. At the same time, we entered into a loan arrangement
with West Mountain Prime, LLC., which is affiliated with our President, Mr.
Klemsz. We borrowed $132,000 from West Mountain Prime, LLC to provide operating
capital to cover operating expenses. This loan is evidenced by an unsecured
promissory note (the “Note”) which is now due October 16, 2009, unless
converted. All principal and interest accrues until the Note is due or
converted. If we are unable to raise funds to cover any operating deficit after
fiscal year ending December 31, 2009, our business may fail.





We
generated no revenues through September 30, 2008, and management does not
anticipate any revenues until December, 2008.




Seasonality




We do not
expect that our business will be seasonal with nearly all revenue generated
throughout the year.





Critical
Accounting Policies





The
preparation of consolidated financial statements in conformity with accounting
principles generally accepted in the United States of America requires us to
make a number of estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at
the date of the financial statements.  Such estimates and assumptions
affect the reported amounts of revenues and expenses during the reporting
period.  On an ongoing basis, we evaluate estimates and assumptions
based upon historical experience and various other factors and
circumstances.  We believe our estimates and assumptions are
reasonable in the circumstances; however, actual results may differ from these
estimates under different future conditions.





We
believe that the estimates and assumptions that are most important to the
portrayal of our financial condition and results of operations, in that they
require subjective or complex judgments, form the basis for the accounting
policies deemed to be most critical to us.  These relate to bad debts,
impairment of intangible assets and long lived assets, contractual adjustments
to revenue, and contingencies and litigation.  We believe estimates
and assumptions related to these critical accounting policies are appropriate
under the circumstances; however, should future events or occurrences result in
unanticipated consequences, there could be a material impact on our future
financial conditions or results of operations.


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12 -


ITEM
3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK.





None.





ITEM
4. CONTROLS AND PROCEDURES





Not applicable





ITEM
4T. CONTROLS AND PROCEDURES





As of the
end of the period covered by this report, based on an evaluation of our
disclosure controls and procedures (as defined in Rules 13a -15(e) and
15(d)-15(e) under the Exchange Act), our Chief Executive Officer and the Chief
Financial Officer each have concluded that our disclosure controls and
procedures are effective to ensure that information required to be disclosed by
us in our Exchange Act reports is recorded, processed, summarized, and reported
within the applicable time periods specified by the SEC’s rules and
forms.





There were
no changes in our internal controls over financial reporting that occurred
during our most recent fiscal quarter that have materially affected, or are
reasonably likely to materially affect, our internal control over financial
reporting.





This report
does not include an attestation report of the company’s registered public
accounting firm regarding internal control over financial reporting. Identified
in connection with the evaluation required by paragraph (d) of Rule 240.13a-15
or Rule 240.15d-15 of this chapter that occurred during the registrant’s last
fiscal quarter that has materially affected, or is reasonably likely to
materially affect, the registrant’s internal control over financial
reporting.








PART
II.  OTHER INFORMATION





ITEM
1.  LEGAL PROCEEDINGS





There are
no legal proceedings, to which we are a party, which could have a material
adverse effect on our business, financial condition or operating
results.





ITEM
1A. RISK FACTORS




You should
carefully consider the risks and uncertainties described below; and all of the
other information included in this document. Any of the following risks could
materially adversely affect our business, financial condition or operating
results and could negatively impact the value of your investment.




The occurrence of
any of the following risks could materially and adversely affect our business, financial
condition and operating result. In this case, the trading price of our common
stock could decline and you might lose all or part of your
investment.


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13 -


If
we do not generate adequate revenues to finance our operations, our business may
fail.




We have not generated revenues
from our inception. As of September 30, 2008, we had a cash position of $15,341.
Operating costs are expected to range between $30,000 and $50,000, for the
fiscal year ending December 31, 2008. These operating costs include insurance,
taxes, utilities, maintenance, contract services and all other costs of
operations. We will use contract employees who will be paid on a per transaction
basis as each mortgage transaction is closed. However, the operating costs and
expected revenue generation are difficult to predict. We expect to generate
revenues in the next twelve months from mortgage brokerage services using
referrals from AARD and unrelated individuals and entities that operate in the
financial services business. Since there can be no assurances that revenues will
be sufficient to cover operating costs for the foreseeable future, it may be
necessary to raise additional funds. Due to our lack of operating history,
raising additional funds may be difficult. In January, 2008, an organization
named Safe Harbor Business Development Company (“Safe Harbor”), which is
affiliated with our President, Mr. Klemsz, and our largest shareholder, GDBA
Investments, LLLP, agreed to provide operating capital in the form of a loan of
$250,000 to cover operating expenses. This loan is evidenced by an unsecured
promissory note which was due January 12, 2009. Effective October 16, 2008, we
paid off the principal and accrued interest due on our loan to Safe Harbor. At
the same time, we entered into a loan arrangement with West Mountain Prime,
LLC., which is affiliated with our President, Mr. Klemsz. We borrowed $132,000
from West Mountain Prime, LLC to provide operating capital to cover operating
expenses. This loan is evidenced by an unsecured promissory note (the “Note”)
which is now due October 16, 2009, unless converted. All principal and interest
accrues until the Note is due or converted.  If we are unable to raise
funds to cover any operating deficit after fiscal year ending December 31, 2009,
our business may fail.





Because we had
incurred a loss and have no current operations, our accountants have expressed
doubts about our ability to continue as a going concern.





For the fiscal year ended
December 31, 2007, our accountants have expressed doubt about our ability to
continue as a going concern as a result of lack of history of operations,
limited assets, and operating losses since inception. Our ability to achieve and
maintain profitability and positive cash flow is dependent upon:





l
            our
      ability to locate mortgage brokerage clients who will use our brokerage
      services; and





l
            our
      ability to generate revenues.





Based upon current plans, we
expect to incur operating losses in future periods because we will be incurring
expenses and not generating sufficient revenues. We expect
our operating costs to range between $30,000 and $50,000 for the fiscal
year ending December 31, 2008. We cannot guarantee that we will be
successful in generating sufficient revenues or other funds in the future to
cover these operating costs. Failure to generate sufficient revenues will cause
us to go out of business.





The
lack of a broker or dealer to create or maintain a market in our stock could
adversely impact the price and liquidity of our securities.




We have no agreement with any
broker or dealer to act as a market maker for our securities and there is no
assurance that we will be successful in obtaining any market makers. Thus, no
broker or dealer will have an incentive to make a market for our stock. The lack
of a market maker for our securities could adversely influence the market for
and price of our securities, as well as your ability to dispose of, or to obtain
accurate information about, and/or quotations as to the price of, our
securities.


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14 -




As
our stock will not be listed on Nasdaq or another national exchange, trading in
our shares will be subject to rules governing "penny stocks," which will impair
trading activity in our shares.




As we do not intend to list our
stock on Nasdaq or another national exchange, our stock will therefore be
subject to rules adopted by the Commission regulating broker dealer practices in
connection with transactions in "penny stocks." Those disclosure rules
applicable to "penny stocks" require a broker dealer, prior to a transaction in
a "penny stock" not otherwise exempt from the rules, to deliver a standardized
list disclosure document prepared by the Commission. That disclosure document
advises an investor that investment in "penny stocks" can be very risky and that
the investor's salesperson or broker is not an impartial advisor but rather paid
to sell the shares. The disclosure contains further warnings for the investor to
exercise caution in connection with an investment in "penny stocks," to
independently investigate the security, as well as the salesperson with whom the
investor is working and to understand the risky nature of an investment in this
security. The broker dealer must also provide the customer with certain other
information and must make a special written determination that the "penny stock"
is a suitable investment for the purchaser and receive the purchaser's written
agreement to the transaction. Further, the rules require that, following the
proposed transaction, the broker provide the customer with monthly account
statements containing market information about the prices of the
securities.




These disclosure requirements may
have the effect of reducing the level of trading activity in the secondary
market for our common stock. Many brokers may be unwilling to engage in
transactions in our common stock because of the added disclosure requirements,
thereby making it more difficult for stockholders to dispose of their shares.
You will also find it difficult to obtain accurate information about, and/or
quotations as to the price of, our common stock.




Issuances
of our stock could dilute current shareholders and adversely affect the market
price of our common stock, if a public trading market develops.




We have the authority to issue up
to 50,000,000 shares of common stock, 1,000,000 shares of preferred stock, and
to issue options and warrants to purchase shares of our common stock without
stockholder approval. Although no financing is planned currently, we may need to
raise additional capital to fund operating losses. If we raise funds by issuing
equity securities, our existing stockholders who receive shares in the spin-off
may experience substantial dilution. In addition, we could issue large blocks of
our common stock to fend off unwanted tender offers or hostile takeovers without
further stockholder approval.




The issuance of preferred stock
by our board of directors could adversely affect the rights of the holders of
our common stock. An issuance of preferred stock could result in a class of
outstanding securities that would have preferences with respect to voting rights
and dividends and in liquidation over the common stock and could, upon
conversion or otherwise, have all of the rights of our common stock. Our board
of directors' authority to issue preferred stock could discourage potential
takeover attempts or could delay or prevent a change in control through merger,
tender offer, proxy contest or otherwise by making these attempts more difficult
or costly to achieve.





Colorado
law and our Articles of Incorporation protect our directors from certain types
of lawsuits, which could make it difficult for us to recover damages from them
in the event of a lawsuit.




Colorado law provides that our
directors will not be liable to our company or to our stockholders for monetary
damages for all but certain types of conduct as directors. Our Articles of
Incorporation require us to indemnify our directors and officers against all
damages incurred in connection with our business to the fullest extent provided
or allowed by law. The exculpation provisions may have the effect of preventing
stockholders from recovering damages against our directors caused by their
negligence, poor judgment or other circumstances. The indemnification provisions
may require our company to use our assets to defend our directors and officers
against claims, including claims arising out of their negligence, poor judgment,
or other circumstances.


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15 -


We
are Subject to Extensive Regulation.




Our proposed operations are
subject to extensive regulation, supervision and licensing by federal, state and
local governmental authorities and are subject to various laws and judicial and
administrative decisions imposing requirements and restrictions on part or all
of our operations. Our lending activities could be subject to the Federal
Truth-in-Lending Act and Regulation Z (including the Home Ownership and Equity
Protection Act of 1994), the Federal Equal Credit Opportunity Act, as amended,
and Regulation B, the Fair Credit Reporting Act of 1970, as amended, the Federal
Real Estate Settlement Procedures Act and Regulation X, the Home Mortgage
Disclosure Act, the Federal Debt Collection Practices Act and the National
Housing Act of 1934, as well as other federal and state statutes and regulations
affecting our activities.




We are also subject to the rules
and regulations of, and examinations by, state regulatory authorities with
respect to originating and processing loans. These rules and regulations, among
other things, impose licensing obligations on us, establish eligibility criteria
for mortgage loans, prohibit discrimination, govern inspections and appraisals
of properties and credit reports on loan applicants, collection, foreclosure and
claims handling, investment and interest payments on escrow balances and payment
features, mandate certain disclosures and notices to borrowers and, in some
cases, fix maximum interest rates, fees and mortgage loan amounts. Failure to
comply with these requirements can lead to loss of approved status, certain
rights of rescission for mortgage loans, class action lawsuits and
administrative enforcement action.




Competition
in the mortgage brokerage industry is intense.




Our business
plan involves acting as a mortgage broker for commercial real estate
transactions. This business is highly competitive. There are numerous similar
companies providing such services in the United States of America. Our
competitors will have greater financial resources and more expertise in this
business. Our ability to develop our mortgage brokerage business will depend on
our ability to successfully market our services in this highly competitive
environment.  We cannot guarantee that we will be able to do so
successfully.




The
combined share control position of GDBA Investments, LLLP and Mr. Klemsz’s and
his affiliates will limit the ability of other shareholders to influence
corporate actions.




After
distribution of our shares to the AARD shareholders, our largest shareholder,
GDBA Investments, LLLP, an entity who our President, Mr. Klemsz is employed by,
will own 1,178,144 shares and thereby control approximately 65% of our
outstanding shares. Mr. Klemsz, through Sarmat, LLC and his family, will own
329,000 shares, or approximately 18%. Because these entities together, and GDBA
Investments, LLLP individually, will beneficially control more than a majority
of the outstanding shares, other shareholders, individually or as a group, will
be limited in their ability to effectively influence the election or removal of
our directors, the supervision and management of our business or a change in
control of or sale of our company, even if they believed such changes were in
the best interest of our shareholders generally.




Our future
success depends, in large part, on the continued service of
our President.





We depend
almost entirely on the efforts and continued employment of Mr. Brian L. Klemsz,
our current President. Mr. Klemsz is our primary executive officer, and we will
depend on him for nearly all aspects of our operations. In addition, a company
affiliated with Mr. Klemsz is our only source of financing. We do not have an
employment contract with Mr. Klemsz , and we do not carry key person insurance
on the life of either. The loss of the services of Mr. Klemsz, through
incapacity or otherwise, would have a material adverse effect on our business.
It would be very difficult find and retain qualified personnel such as Mr.
Klemsz and a financing source to replace the one we currently have.





ITEM
2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF
PROCEEDS




None


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16 -


ITEM
3.  DEFAULTS UPON SENIOR SECURITIES




None





ITEM
4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS




None





ITEM
5.  OTHER INFORMATION




None





ITEM
6.  EXHIBITS





Exhibits





Exhibit
              No.
            Description3.1
            Articles
      of Incorporation *3.2
            Bylaws*4.1
            Warrant
      dated January 12, 2008 for Safe Harbor Development
  Company*10.1
            Promissory
      Note dated January 12, 2008 with Safe Harbor Development
      Company*10.2
            Promissory
      Note dated October 16, 2008 with West Mountain Prime,
  LLC**31.1
            Certification
      of Chief Executive Officer and Chief Financial Officer pursuant to Rule
      13a-14(a)/15(d)-14(a)32.1
            Certification
      of Chief Executive Officer and Chief Financial Officer pursuant to 18
      U.S.C. Section 1350, as adopted pursuant to Section 906 of the
      Sarbanes-Oxley Act of 2002





*
Previously filed under cover of Form SB-2 on March 2, 2008.


**
Previously filed with Form 8-K, November 7, 2008.








Reports on Form
8-K





We filednoreportsunder cover of Form 8K for the fiscal
quarter endedSeptember
30,2008.   We filed one
report under cover of Form 8-K on November 7, 2008 regarding our new promissory
note.




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17 -


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 thereunto duly
authorized.





Date:  NOVEMBER
10, 2008







ACROSS AMERICA
      FINANCIAL SERVICES, INC.,
                
                a  Colorado
      corporationBy:
              /s/ Brian
      L. KlemszBrian
      L. Klemsz, President, Chief Executive Officer,
                Chief
      Financial Officer and Director (Principal Executive,
                Accounting
      and Financial Officer)




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