Sherilyn Anderson Elected as First Fed Board Vice Chair
11 Dezembro 2023 - 1:00PM
First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ:
FNWB) (“Company”), today announced that Sherilyn Anderson has been
elected as to Board Vice Chair. Anderson has served as a Board
Member since 2020.
"Sherilyn is a seasoned financial leader with deep banking
industry experience. She brings a strong focus on financial
stewardship while navigating investment and growth opportunities,”
said Matt Deines, President and CEO of First Fed Bank and
FNWB.
“As a community bank, First Fed plays a vital role in partnering
with people and local businesses on their financial strategics. I’m
excited to take on new responsibilities as Vice Chair of the
board,” said Anderson.
Anderson served as Chief Financial Officer at Betacom
and glassybaby. She also has over 30 years
of leadership experience in investment banking
divisions of Wells Fargo, Morgan Stanley, Goldman Sachs, UBS, and
Salomon Brothers.
Additionally, Anderson is on the Board and Finance Committee of
the Pacific Science Center, the science and technology non-profit
which serves nearly 1 million people each year. She has volunteered
her financial expertise to other area non-profits including Global
Partnerships, an impact-first investment fund manager dedicated to
expanding opportunity for people living in poverty.
Anderson is a graduate of Stanford University with an MBA in
Finance from Harvard Business School.
Jennifer Zaccardo, the previous Board Vice Chair, will remain an
active member on the Board. Zaccardo has served on the board since
2011.
About FNWB
First Northwest Bancorp (Nasdaq: FNWB) is a financial holding
company engaged in investment activities including the business
activity of its subsidiary, First Fed Bank, along with other
fintech partnerships. First Fed is a small business-focused
financial institution which has served its 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 building sustainable
earnings by delivering a full array of financial products and
services for individuals, small business, and commercial customers.
Additionally, First Fed focuses on strategic partnerships with
financial technology (“fintech”) companies to develop and deploy
digitally focused financial solutions to meet customers’ needs on a
broader scale. FNWB also invests in fintech companies directly as
well as through select venture capital partners. In 2022, the
Company made a minority investment in Meriwether Group, a boutique
investment banking and accelerator firm. First Northwest Bancorp
was incorporated in 2012. The Company completed its initial public
offering in 2015 under the ticker symbol FNWB and is headquartered
in Port Angeles, Washington.
First Fed Bank was recognized by Puget Sound Business Journal as
a best workplace and top corporate philanthropist in 2023. By
popular vote, First Fed received 2023 awards for Best Bank in the
Best of the Northwest, Best Bank in Readers’ Choice by Cascadia
Daily News, Best Bank and Best Financial Advisor in Best of the
Peninsula for Clallam County. Also, the community bank received a
best-in-state bank award from Forbes in 2021. First Fed is a Member
FDIC and equal housing lender.
Contact:Matthew P. DeinesPresident & CEO360-457-0461
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/071d1b0e-57f5-41ad-a506-f29c1640a682
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