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First Northwest Bancorp Announces New Board Member

PORT ANGELES, Wash., Nov. 24, 2015 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First Federal”), announces that the Company’s shareholders had elected Dana Behar to the Board of Directors of First Northwest Bancorp. Mr. Behar was also appointed as a director of First Federal.

“Dana’s 23 plus years of broad experience in real estate, agriculture and investment will add a valuable perspective to our Boards of Directors,” said Stephen Oliver, Chairman of First Northwest Bancorp and First Federal. “We appreciate his willingness to serve as a director and look forward to benefitting from his thoughtful judgment and counsel.”

Mr. Behar owns and operates Discovery Bay Investments, which invests in real estate and agricultural land in the Pacific Northwest. Prior to that Mr. Behar served as President and CEO of HAL Real Estate Investments, Inc. located in Seattle, WA, a US based real estate investment subsidiary of HAL Trust. Prior to HAL, Mr. Behar led several startup companies, served as Director of Marketing of Egghead Software, worked in brand management at Procter & Gamble, and as a management consultant with the Wharton Small Business Development Center.

Mr. Behar earned a BA in business from the University of Washington, an MBA from the Wharton School of the University of Pennsylvania, and completed the AMD program at Harvard Graduate School of Design. Mr. Behar currently serves on the Board of Directors for HAL Real Estate Investments, Inc., Capitol Hill Housing and Forterra. Additionally, he serves on the Advisory Board of ULI Northwest, and is a Trustee of the Samis Foundation.

About First Northwest Bancorp

First Northwest Bancorp, (NASDAQ:FNWB), a Washington corporation, is the holding company for First Federal Savings and Loan Association of Port Angeles. First Federal opened its doors in 1923 in Port Angeles, WA and continues to provide banking solutions for consumers and businesses throughout Clallam, Jefferson, Kitsap and Whatcom Counties with 10 banking locations (including the Administration Center in Port Angeles, WA).

www.ourfirstfed.com / (360)417.3204 / (800)800.1577


Contact: Jeanine Lee Marketing Manager, VP First Federal Tel: 360-417-3238 Fax: 360-417-3190 Email: Jeanine.lee@ourfirstfed.com

Source:First Northwest Bancorp