Cindy Hill-Finnie is promoted to –

PORT ANGELES, Wash., June 09, 2022 (GLOBE NEWSWIRE) — First Fed Bank, a subsidiary of First Northwest Bancorp (FNWB) (“Company”), today announced that Cindy Hill-Finnie has been promoted from Vice President to chairman of the board of directors. Hill-Finnie is the first woman to hold this leadership position on the board. Jennifer Zaccardo has been promoted to vice president.

“Cindy is a respected leader with extensive experience in financial management, sales, business development and community service. She has demonstrated her leadership skills over her past 10 years on the Board, most recently as Vice-Chair. Cindy was a natural choice to become our new Board Chair,” said Matt Deines, President and CEO of First Fed Bank and FNWB.

“I am honored to have been elected the first female chair of the board of directors of First Fed, which has a strong heritage of commitment to our communities. It will be exciting to celebrate our centenary in 2023 as we embark on the next 100 years,” said Hill-Finnie.

Hill-Finnie gained experience in sales and financial services during his 38 years with Allstate Insurance. In 1995 she established Rainshadow Properties, a property management company in Port Townsend. Hill-Finnie was elected to the board in 2012.

Hill-Finnie has long been involved in local community organizations, serving as a director and former president of the Centrum Foundation, former president of the Washington State Arts Commission, former president of the Fort Worden Public Development Authority, former executive director of Jefferson County . Community Foundation and Member of the City of Port Townsend Accommodation Tax Advisory Committee and Director of the Fort Worden Foundation.

Steve Oliver, the former Chairman of the Board, will remain an active member of the Board. Olivier has served on the board since 2001.

About First Fed

First Fed is a community-driven financial institution that has been serving customers and communities since 1923. Currently, First Fed has 16 locations in Washington State, including 12 full-service branches. First Fed’s business and operating strategy is focused on creating sustainable profits by providing a full range of financial products and services to personal, small business and commercial customers. Additionally, First Fed is focused on strategic partnerships with financial technology (“fintech”) companies to develop and deploy digitally-enabled financial solutions to meet customer needs on a larger scale. First Fed Bank is a subsidiary or First Northwest Bancorp (FNWB), a bank holding company engaged in investment activities. In 2021, FNWB entered into a joint venture to found Quin, a fintech focused on the financial well-being and lifestyle protection of consumers nationwide. Other fintech partnership initiatives include banking as a service, digital payments, and marketplace lending. FNWB was incorporated in 2012 and is headquartered in Port Angeles, Washington. First Fed Bank is a member of the FDIC and an equal housing lender.


Matthew P. Deines

President and CEO


PHOTO: Cindy + Jennifer

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