First Northwest Bancorp (FNWB) recently announced that it has been added to the ABA NASDAQ Community Bank Index, the nation’s most broadly-represented stock index for community banks.
The index includes more than 3,750 community banks with nearly $200 billion in market capitalization.
First Northwest Bancorp is a bank holding company based in Port Angeles with total assets of $939 million as of June 1. Its principal operating subsidiary is First Federal headquartered in Port Angeles, currently serving Western Washington through nine full-service banking centers, eight of which are located within Clallam and Jefferson counties.
“We are enthusiastic about being included in the ABA NASDAQ Index,” President/CEO Larry Hueth said.
“We believe being part of the Index will bring FNWB and First Federal added visibility. First Federal was established in 1923 and is well known in our own communities for meeting the financial needs of the markets we serve; now we will become better known among investors and stock analysts,” Hueth said. “We are truly thankful for the continued support of our customers and the communities we serve.”
For more information about First Federal, call 417-3204 or 800-800-1577, or visit First Federal’s website at www.ourfirstfed.com.