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First Northwest Bancorp  (FNWB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

First Northwest Bancorp

Business Description


First Northwest Bancorp, a Washington corporation, was formed on August 14, 2012 for the purpose of becoming the bank holding company for First Federal Savings and Loan Association of Port Angeles ("First Federal” or the “Bank”) in connection with First Federal’s mutual to stock conversion. The mutual to stock conversion was completed on January 29, 2015, through the sale and issuance of 13,100,360 shares of common stock by First Northwest Bancorp, including 933,360 shares contributed to our foundation, the First Federal Community Foundation ("Foundation"), established in connection with the mutual to stock conversion. The primary focus of the Foundation is to promote and support charitable services, affordable housing initiatives, local community development projects, and local economic development initiatives in the Bank's primary market areas. The Foundation was also funded with a $400,000 charitable contribution made by the Bank.



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