First Northwest Bancorp(US:FNWB) Globenewswireยท2025-07-09 20:35Company Leadership Transition - First Northwest Bancorp announced the resignation of Matthew P. Deines as President and CEO, effective July 12, 2025, with Geraldine L. Bullard appointed as Interim CEO starting July 13, 2025 [1][2] - The boards of directors expressed gratitude for Deines' six years of service and confidence in Bullard's ability to lead during the transition [2] - An executive search firm has been engaged to assist in finding a permanent replacement for the CEO position [2] Background of Geraldine Bullard - Geraldine Bullard has been with First Northwest since January 2020, serving as Executive Vice President and COO since October 2023, and previously as CFO from March 2020 to March 2025 [3] - Bullard has extensive experience in the banking sector, having held various financial leadership roles prior to joining First Fed [3] Company Overview - First Northwest Bancorp is a financial holding company with its subsidiary, First Fed Bank, which has been operational since 1923 and currently has 18 locations in Washington state [4] - The company focuses on sustainable earnings through a comprehensive range of financial products and services for individuals, small businesses, and non-profit organizations [4] - First Northwest made an investment in The Meriwether Group, LLC in 2022 and emphasizes strategic partnerships for modern financial services [4]