Phyllis Nomura Promoted to Chief Financial Officer of First Fed Bank and First Northwest Bancorp
First Northwest Bancorp (NASDAQ: FNWB) has announced the promotion of Phyllis Nomura to Executive Vice President and Chief Financial Officer of First Fed Bank and First Northwest. Nomura, who joined as Senior Director of Accounting in November 2024, brings over 30 years of experience in accounting, finance, and audit.
Prior to joining First Fed, Nomura served as CFO at various organizations including YWCA Seattle King Snohomish and Kosmos Management. She holds a BBA from Grand Valley State University and is a licensed CPA.
As part of the management succession plan, Geri Bullard will continue as Chief Operating Officer, focusing on enhancing profitability, efficiency, and back-office operations. Bullard's previous work with balance sheet restructuring has positioned the company to return to profitability in 2025 and beyond.
First Northwest Bancorp (NASDAQ: FNWB) ha annunciato la promozione di Phyllis Nomura a Vicepresidente Esecutivo e Direttore Finanziario di First Fed Bank e First Northwest. Nomura, che è entrata come Direttore Senior della Contabilità nel novembre 2024, porta con sé oltre 30 anni di esperienza in contabilità, finanza e revisione contabile.
Prima di unirsi a First Fed, Nomura ha ricoperto il ruolo di CFO in diverse organizzazioni, tra cui YWCA Seattle King Snohomish e Kosmos Management. Ha conseguito una BBA presso la Grand Valley State University ed è un CPA autorizzato.
Come parte del piano di successione manageriale, Geri Bullard continuerà come Chief Operating Officer, concentrandosi sul miglioramento della redditività, dell'efficienza e delle operazioni di back-office. Il lavoro precedente di Bullard con la ristrutturazione del bilancio ha posizionato l'azienda per tornare alla redditività nel 2025 e oltre.
First Northwest Bancorp (NASDAQ: FNWB) ha anunciado la promoción de Phyllis Nomura a Vicepresidenta Ejecutiva y Directora Financiera de First Fed Bank y First Northwest. Nomura, quien se unió como Directora Senior de Contabilidad en noviembre de 2024, aporta más de 30 años de experiencia en contabilidad, finanzas y auditoría.
Antes de unirse a First Fed, Nomura se desempeñó como CFO en varias organizaciones, incluyendo YWCA Seattle King Snohomish y Kosmos Management. Tiene un BBA de la Grand Valley State University y es CPA licenciada.
Como parte del plan de sucesión de la gerencia, Geri Bullard continuará como Directora de Operaciones, enfocándose en mejorar la rentabilidad, la eficiencia y las operaciones administrativas. El trabajo previo de Bullard con la reestructuración del balance ha posicionado a la empresa para regresar a la rentabilidad en 2025 y más allá.
퍼스트 노스웨스트 뱅코프 (NASDAQ: FNWB)가 필리스 노무라를 퍼스트 페드 뱅크 및 퍼스트 노스웨스트의 부회장 겸 최고 재무 책임자로 승진시켰다고 발표했습니다. 노무라는 2024년 11월 회계 수석 이사로 합류했으며, 회계, 금융 및 감사 분야에서 30년 이상의 경험을 보유하고 있습니다.
퍼스트 페드에 합류하기 전, 노무라는 YWCA 시애틀 킹 스노호미시 및 코스모스 매니지먼트와 같은 여러 조직에서 CFO로 활동했습니다. 그녀는 그랜드 밸리 주립대학교에서 BBA를 취득했으며, 공인 회계사(CPA) 자격을 보유하고 있습니다.
경영 승계 계획의 일환으로, 제리 불라드는 최고 운영 책임자로 계속 활동하며 수익성, 효율성 및 백오피스 운영 개선에 집중할 것입니다. 불라드의 이전 자산 구조조정 작업은 회사를 2025년 이후 수익성으로 되돌리는 데 기여할 것입니다.
First Northwest Bancorp (NASDAQ: FNWB) a annoncé la promotion de Phyllis Nomura au poste de Vice-Présidente Exécutive et Directrice Financière de First Fed Bank et First Northwest. Nomura, qui a rejoint l'entreprise en tant que Directrice Senior de la Comptabilité en novembre 2024, apporte plus de 30 ans d'expérience en comptabilité, finance et audit.
Avant de rejoindre First Fed, Nomura a été CFO dans diverses organisations, y compris YWCA Seattle King Snohomish et Kosmos Management. Elle détient un BBA de la Grand Valley State University et est CPA licenciée.
Dans le cadre du plan de succession de la direction, Geri Bullard continuera en tant que Directrice des Opérations, en se concentrant sur l'amélioration de la rentabilité, de l'efficacité et des opérations de back-office. Le travail précédent de Bullard sur la restructuration du bilan a permis à l'entreprise de se repositionner pour retrouver la rentabilité en 2025 et au-delà.
First Northwest Bancorp (NASDAQ: FNWB) hat die Beförderung von Phyllis Nomura zur Executive Vice President und Chief Financial Officer der First Fed Bank und First Northwest bekannt gegeben. Nomura, die im November 2024 als Senior Director of Accounting eintrat, bringt über 30 Jahre Erfahrung in den Bereichen Rechnungswesen, Finanzen und Audit mit.
Vor ihrem Eintritt bei First Fed war Nomura CFO in verschiedenen Organisationen, darunter YWCA Seattle King Snohomish und Kosmos Management. Sie hat einen BBA von der Grand Valley State University und ist eine lizenzierte CPA.
Im Rahmen des Nachfolgeplans für das Management wird Geri Bullard weiterhin als Chief Operating Officer tätig sein und sich auf die Verbesserung der Rentabilität, Effizienz und Backoffice-Operationen konzentrieren. Bullards frühere Arbeit an der Umstrukturierung der Bilanz hat das Unternehmen in die Lage versetzt, 2025 und darüber hinaus wieder profitabel zu werden.
- Strategic management succession plan executed with experienced CFO appointment
- Company positioned to return to profitability in 2025
- Successful completion of balance sheet restructuring over past five quarters
- Current profitability challenges implied by mention of 'return to profitability in 2025'
PORT ANGELES, Wash., March 27, 2025 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ: FNWB) and its subsidiary First Fed Bank (collectively the “Company”), today announced the promotion of Phyllis Nomura to Executive Vice President and Chief Financial Officer of First Fed. She will also serve as EVP/CFO and as Treasurer for First Northwest. Nomura joined First Fed as Senior Director of Accounting in November 2024.
"We are excited to welcome Phyllis to our executive team. She was hired in 2024 as part of our management succession plan and brings over 30 years of experience in accounting, finance, and audit. Her leadership skills and experience are a meaningful addition to our team,” said Matt Deines, President and CEO of FNWB and First Fed.
“I am deeply honored to step into the role of Chief Financial Officer. In the time I have been a part of this incredible team, I’ve witnessed first-hand our unwavering commitment to our mission to improve the lives of those we serve. I am thrilled to be working alongside our talented team and to continue building on our strong foundation and creating value for our customers, employees, communities, and shareholders,” said Nomura.
Nomura brings more than 20 years of financial experience in Chief Financial Officer (CFO) positions. Prior to joining First Fed, she served as CFO of the YWCA Seattle King Snohomish, located in Seattle, from May 2023 to November 2024, and CFO of Kosmos Management, in Seattle, from August 2016 to November 2022, and CFO of First Sound Bank, also in Seattle, from June 2013 to January 2016. She held other CFO positions prior to First Sound Bank and served as an Auditor and Senior Audit Manager at Deloitte from January 1994 to September 2001. Nomura holds a Bachelor of Business Administration degree from Grand Valley State University and is a licensed CPA.
Consistent with the management succession plan, Geri Bullard will continue to serve as Chief Operating Officer leading the Bank’s initiatives to enhance profitability, efficiency, and back-office operations. She is responsible for our core operating system and related systems. Her financial background will be invaluable to the Bank as she focuses on leading departments that are critical to our success.
“Geri is the hardest working person I have ever known. She has handled her responsibilities as CFO with aplomb, managing our Accounting and Finance Team, SEC reporting, budgeting and financial planning. She has significantly enhanced the Accounting and Finance teams, our financial reporting, investment portfolio, expense management, financial analysis, interest rate and liquidity reporting and capital management. Her work with our balance sheet restructure over the past five quarters helped place us in the position to return to profitability in 2025 and beyond. She is a loyal and trusted advisor to me, the Board, and the entire Senior Team,” said Deines.
About FNWB
First Northwest Bancorp (Nasdaq: FNWB) is a financial holding company engaged in investment activities including the business of its subsidiary, First Fed Bank. First Fed is a Pacific Northwest-based financial institution which has served its customers and communities since 1923. Currently First Fed has 18 locations in Washington state including 12 full-service branches. First Fed’s business and operating strategy is focused on building sustainable earnings by delivering a full array of financial products and services for individuals, small businesses, non-profit organizations and commercial customers. In 2022, First Northwest made an investment in The Meriwether Group, LLC, a boutique investment banking and accelerator firm. Additionally, First Northwest focuses on strategic partnerships to provide modern financial services such as digital payments and marketplace lending. First Northwest Bancorp was incorporated in 2012 and completed its initial public offering in 2015 under the ticker symbol FNWB. First Fed is headquartered in Port Angeles, Washington.
First Fed Bank was recognized by Puget Sound Business Journal as a Best Workplace in 2023 and top Corporate Philanthropist in 2023 and 2024. By popular vote, First Fed received 2024 awards for Best Bank and Best Lender in Best of the Peninsula for Clallam County. First Fed is a Member FDIC and equal housing lender.
| Contact: | Matthew P. Deines President & CEO (360) 457-0461 |
FAQ
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