First Financial Northwest, Inc., First Financial Northwest Bank and First Financial Diversified Corporation Appoints Cindy L. Runger to the Board
August 16, 2021 at 09:20 pm
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First Financial Northwest, Inc. announced that the Company’s Nominating and Corporate Governance Committee proposed, and the Board of Directors approved, the appointment of Cindy L. Runger to the Board of Directors of the Company effective August 13, 2021. She was also appointed to serve on the Company’s Audit/Compliance/Risk Committee, Investment and Asset/Liability Committee and Internal Asset Review Committee. Ms. Runger was also appointed to the Boards of Directors of the Bank and the Company’s non-financial institution subsidiary, First Financial Diversified Corporation (“FFD”). Ms. Runger served as an independent Board Director for UniBank, a Korean-American community bank serving the Pacific Northwest, from 2017 to 2020. Ms. Runger served as a member and past President of the Rotary Club of Seattle from 2005 to 2019.
First Financial Northwest, Inc. is the holding company for First Financial Northwest Bank (the Bank). The Bank focuses on its lending activities primarily on loans secured by commercial real estate, construction/land, first mortgages on one-to-four family residences, multifamily, and business lending. It offers secured consumer loans, including savings account loans, auto loans and home equity loans that include lines of credit and second mortgage term loans. It originates construction/land loans primarily to residential builders for the construction of single-family residences, condominiums, townhouses, multifamily properties and residential developments located in its market area. Its land development loans are generally made to builders for preparation of a building site. Its investment portfolio consists of mortgage-backed securities, municipal bonds, United States government agency obligations, and corporate bonds. It serves King, Snohomish, Pierce and Kitsap counties, Washington.