PORT TOWNSEND — First Federal announced on Tuesday a donation of $225,000 to the Northwest Maritime Center in Port Townsend, as the first gift of a million-dollar pledge.
First Federal announced on Aug. 21 that it would distribute $1 million to community-oriented programs this fiscal year.
The donation to the $12.6 million Northwest Maritime Center project is the first gift from the financial institutions’ Community Dividend Program.
The total $1 million in donations are expected to be distributed by June 30, said Karen McCormick, First Federal president and CEO.
The same amount will be distributed in each July-June fiscal year, she said.