First Financial Northwest, Inc. Overview
Pro stress-test →First Financial Northwest Inc. was the parent company of First Financial Northwest Bank, which was officially acquired by Global Federal Credit Union in April 2025. The bank had provided commercial banking services in Washington, offering deposit products and loan products including residential mortgages, commercial real estate loans, and business loans.
Strategic Profile
Pro stress-test →The bank had expanded from a single location to 15 branch locations in the Puget Sound region as part of its long-term business strategy. Its branch model implemented a smaller footprint and leveraged technology for efficient transaction flow with highly-skilled bankers. Following the acquisition in April 2025, the company is no longer engaged in any business activities and expects to dissolve in accordance with Washington law.
Competitive Landscape
Pro stress-test →Pre-acquisition, First Financial Northwest competed against larger regional banks and credit unions in the Pacific Northwest, including Banner Bank, Washington Federal Bank, and other community banks serving the Puget Sound region. Post-acquisition in April 2025, the company no longer operates as an independent entity.
Industry Context
First Financial Northwest, Inc. operates in Regional community banking.
Key facts
Founded: 1923 · Headquarters: Renton, WA · Employees: N/A · Revenue: $37.61M (2024) · Market cap: N/A