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First Northwest Bancorp and First Fed Bank Appoint Curt Queyrouze as CEO and President

Summarized by NextFin AI
  • Curt Queyrouze will become the CEO and President of First Northwest Bancorp and First Fed Bank on September 17, 2025, succeeding Matthew P. Deines.
  • Queyrouze has over 40 years of experience in financial services, previously serving as President of Community Bank at Coastal Financial Corporation.
  • He aims to honor First Fed's 100-year history by delivering long-term value and building a modern financial institution.
  • The Board of Directors expressed excitement over Queyrouze's hiring, citing his proven leadership and commitment to community and shareholder value.

NextFin news, PORT ANGELES, Wash., this Friday — First Northwest Bancorp (Nasdaq: FNWB) and its subsidiary First Fed Bank announced today that Curt Queyrouze will assume the roles of Chief Executive Officer and President effective next Wednesday, September 17, 2025. The announcement was made at the company's headquarters in Port Angeles, Washington.

Queyrouze will also join the Board of Directors of both First Northwest Bancorp and First Fed Bank at the same time. He succeeds Matthew P. Deines, who left the company in July 2025. Geraldine Bullard, the current Chief Operating Officer, served as Interim CEO during the search process and will return to her COO role following Queyrouze's appointment.

Curt Queyrouze brings over 40 years of experience in financial services, with expertise in credit, risk management, and financial technology. Prior to this appointment, he was President of Community Bank and Corporate Credit at Coastal Financial Corporation in Everett, Washington. He also previously served as President and CEO of TAB Bank in Ogden, Utah, and has held leadership roles in various community and regional banks as well as a fintech company.

In a statement, Queyrouze said, "It's a privilege to step into this role at a company with such a long-standing reputation. First Fed has a remarkable 100-year-plus history, and my goal is to honor that by continuing to deliver long-term value for our shareholders and by building a modern, forward-thinking financial institution that remains a trusted partner for our communities."

Cindy Finnie, Chair of the Board of First Northwest and First Fed, commented, "After an exhaustive search process, the Board is excited to announce Curt’s hiring. His history of proven leadership, his focus on data-driven decision-making, and his commitment to creating long-term value for our shareholders made him the clear choice for the future of the Company. Curt’s sterling performance leading financial institutions, combined with his clearly demonstrated dedication to his community, made him the obvious choice among a field of exceptionally strong candidates."

First Northwest Bancorp, incorporated in 2012 and publicly traded since 2015, is a financial holding company focused on investment activities and operates First Fed Bank, a Pacific Northwest-based financial institution serving customers since 1923. First Fed currently operates 17 locations in Washington state, including 12 full-service branches, and offers a full range of financial products and services to individuals, small businesses, non-profits, and commercial customers.

The company is headquartered in Port Angeles, Washington, and emphasizes innovation and growth in the financial services sector through strategic investments in modern financial solutions and boutique investment banking.

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Insights

What is the history and background of First Northwest Bancorp?

How has First Fed Bank evolved since its establishment in 1923?

What are the key responsibilities of the CEO in a financial institution?

What experience does Curt Queyrouze bring to his new role?

What led to Matthew P. Deines' departure from First Northwest Bancorp?

How does First Northwest Bancorp plan to continue its growth and innovation?

What are the current trends in the financial services industry that could impact First Northwest Bancorp?

How did the Board of Directors evaluate candidates for the CEO position?

What challenges does First Northwest Bancorp face in the current financial landscape?

How does First Fed Bank differentiate itself from other regional banks?

What role does data-driven decision-making play in financial institutions today?

What are some recent developments or news regarding First Northwest Bancorp?

How does community engagement factor into First Fed Bank's business strategy?

What are the long-term goals of First Northwest Bancorp under Curt Queyrouze's leadership?

How do fintech innovations influence traditional banking practices?

What impact does leadership change have on employee morale and company culture?

What comparisons can be made between First Northwest Bancorp and other financial institutions in the Pacific Northwest?

How does the appointment of Curt Queyrouze align with the company's strategic vision?

What are the implications of First Northwest Bancorp's focus on investment activities for shareholders?

What regulatory changes could affect First Northwest Bancorp in the near future?

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