First Federal parent added to bank association’s Nasdaq index

First Federal parent added to bank association's Nasdaq index

PORT ANGELES — The parent of First Federal has been added to the American Bankers Association’s Nasdaq Community Bank Index, the nation’s most broadly represented stock index for community banks.

The index includes 3,763 community banks with more than $199 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, based in Port Angeles with eight banking centers in Clallam and Jefferson counties, one in Kitsap County and a loan production office in Bellingham.

Real-time pricing of the index and each of the banks on the index, including First Federal, is available daily through the American Bankers Association’s website at www.aba.com and other financial data vendors such as Bloomberg and Yahoo.

For more information, phone 360-417-3204 or 800-800-1577 or visit www.ourfirstfed.com.

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