PORT ANGELES, Wash., May 29, 2019 –(BUSINESS WIRE)– First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company of First Federal Savings and Loan Association of Port Angeles (“Bank”), and First Federal Community Foundation are proud to announce that they were recently recognized by the Puget Sound Business Journal as one of the top corporate philanthropists in Washington State. Of the 25 midsize companies that made the Journal’s list, First Federal Bank and Foundation collectively contributed $1.01 million, and was ranked #3. Together, these 25 midsized companies contributed $12 million to Washington nonprofits.
The combined contributions of the Bank and its Foundation to Washington non-profit organizations was acknowledged at the annual Corporate Citizenship and Healthy Community Champion Awards luncheon hosted by the Puget Sound Business Journal on May 23rd at the Seattle Sheraton.
About the Awards: The Puget Sound Business Journal annually recognizes the top 75 corporate philanthropists and ranks these in the categories of small, medium and large companies. Puget Sound Business Journal has calculated that the 75 companies on this year’s list had a combined cash giving in Washington State of $168.3 million in 2018.
About the First Federal Community Foundation: First Federal Community Foundation is a private 501(c)3 charitable corporation funded with a gift of cash and stock from First Northwest Bancorp, the parent company of First Federal Savings and Loan Association of Port Angeles. The Foundation provides funding for community support, affordable housing, economic development and community development in communities where First Federal operates a full-service branch.
About First Federal: First Federal is a subsidiary of First Northwest Bancorp (FNWB). First Federal is a Washington-chartered, community-based savings bank headquartered in Port Angeles, WA. First Federal is currently serving Western Washington through 12 banking centers; located within Clallam, Jefferson, King, Kitsap and Whatcom counties. Member FDIC, Equal Housing Lender. www.ourfirstfed.com / (360)417.3204 / (800)800.1577
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If you would like more information about this topic, please contact Jan Simon at 360-417-3112 or email jan.simon@firstfedcf.org.