First Northwest Bancorp and First Fed Bank name Curt Queyrouze as CEO and President
First Northwest Bancorp (Nasdaq: FNWB) has appointed Curt Queyrouze as its new Chief Executive Officer and President, effective September 17, 2025. Queyrouze brings over 40 years of financial services experience, specializing in credit, risk management, and financial technology.
Queyrouze joins from Coastal Financial Corporation, where he served as President of Community Bank and Corporate Credit. He previously held the position of President and CEO at TAB Bank and has experience ranging from community banks to fintech companies. He will also join the Board of Directors of both First Northwest and First Fed Bank.
He succeeds Matthew P. Deines, who left in July 2025, with COO Geraldine Bullard serving as Interim CEO during the transition period.
First Northwest Bancorp (Nasdaq: FNWB) ha nominato Curt Queyrouze come nuovo Amministratore Delegato e Presidente, con effetto 17 settembre 2025. Queyrouze vanta oltre 40 anni di esperienza nei servizi finanziari, specializzandosi in credito, gestione del rischio e tecnologia finanziaria.
Queyrouze arriva da Coastal Financial Corporation, dove ha ricoperto il ruolo di Presidente di Community Bank e Corporate Credit. In passato ha occupato la posizione di Presidente e CEO presso TAB Bank e vanta una esperienza che va dalle banche comunitarie alle aziende fintech. Si unirà anche al Consiglio di Amministrazione di First Northwest e di First Fed Bank.
Succede a Matthew P. Deines, che è partito a luglio 2025, con la COO Geraldine Bullard che funge da CEO ad interim durante il periodo di transizione.
First Northwest Bancorp (Nasdaq: FNWB) ha designado a Curt Queyrouze como nuevo Director Ejecutivo y Presidente, con efecto a partir del 17 de septiembre de 2025. Queyrouze aporta más de 40 años de experiencia en servicios financieros, especializándose en crédito, gestión de riesgos y tecnología financiera.
Queyrouze procede de Coastal Financial Corporation, donde se desempeñó como Presidente de Community Bank y Corporate Credit. Anteriormente ocupó el cargo de Presidente y CEO de TAB Bank y tiene experiencia que va desde bancos comunitarios hasta empresas fintech. También se incorporará a la Junta Directiva de First Northwest y de First Fed Bank.
Se da a la tarea de reemplazar a Matthew P. Deines, quien dejó la empresa en julio de 2025, estando la COO Geraldine Bullard como CEO interina durante el periodo de transición.
First Northwest Bancorp (Nasdaq: FNWB)가 신규 최고경영자 겸 회장으로 Curt Queyrouze를 임명했으며, 효력은 2025년 9월 17일부터 발효됩니다. Queyrouze는 40년이 넘는 금융 서비스 경험을 보유하고 있으며, 신용, 위험 관리, 핀테크를 전문으로 합니다.
Queyrouze는 Coastal Financial Corporation에서 Community Bank 및 Corporate Credit의 회장으로 재직했고, 이전에는 TAB Bank의 회장 겸 CEO를 역임했으며, 커뮤니티 뱅크에서 핀테크 기업에 이르기까지 다양한 경력을 가지고 있습니다. 또한 First Northwest와 First Fed Bank의 이사회에 합류합니다.
그는 2025년 7월에 떠난 Matthew P. Deines의 뒤를 잇게 되며, 전환 기간 동안 COO인 Geraldine Bullard가 임시 CEO로 재직하게 됩니다.
First Northwest Bancorp (Nasdaq : FNWB) a nommé Curt Queyrouze comme nouveau directeur général et président, à effet le 17 septembre 2025. Queyrouze apporte plus de 40 ans d'expérience dans les services financiers, en se spécialisant dans le crédit, la gestion des risques et la technologie financière.
Queyrouze vient de Coastal Financial Corporation, où il était président de Community Bank et Corporate Credit. Il a précédemment occupé le poste de président et PDG de TAB Bank et dispose d'une expérience allant des banques communautaires aux entreprises fintech. Il rejoindra également le conseil d'administration de First Northwest et de First Fed Bank.
Il succède à Matthew P. Deines, parti en juillet 2025, avec la COO Geraldine Bullard assurant le poste de PDG par intérim pendant la période de transition.
First Northwest Bancorp (Nasdaq: FNWB) hat Curt Queyrouze zum neuen Chief Executive Officer und Präsidenten ernannt, wirksam ab dem 17. September 2025. Queyrouze bringt mehr als 40 Jahre Erfahrung im Finanzdienstleistungssektor mit, spezialisiert auf Kreditvergabe, Risikomanagement und Finanztechnologie.
Queyrouze kommt von Coastal Financial Corporation, wo er Präsident von Community Bank und Corporate Credit war. Zuvor war er Präsident und CEO bei TAB Bank und verfügt über Erfahrungen von Community Banks bis hin zu Fintech-Unternehmen. Er wird auch dem Vorstand von First Northwest und First Fed Bank beitreten.
Er folgt auf Matthew P. Deines, der im Juli 2025 ausgeschieden ist, wobei COO Geraldine Bullard während der Übergangsphase als Interim-CEO fungiert.
عينت First Northwest Bancorp (بورصة ناسداك: FNWB) كورت كوييرو كـالرئيس التنفيذي والرئيس الجديد، اعتباراً من 17 سبتمبر 2025. يتمتع Queyrouze بخبرة تزيد عن 40 عاماً من الخدمات المالية، مع تخصص في الائتمان، إدارة المخاطر والتكنولوجيا المالية.
انضم Queyrouze من Coastal Financial Corporation، حيث شغل منصب رئيس البنك المجتمعي والائتمان المؤسسي. كما شغل سابقاً منصب رئيس ومدير تنفيذي في TAB Bank ويمتلك خبرة تتراوح من البنوك المجتمعية إلى شركات التكنولوجيا المالية. كما سيلتحق مجلس إدارة كل من First Northwest وFirst Fed Bank.
يحل محل Matthew P. Deines الذي غادر في يوليو 2025، في حين تشغل المدير التنفيذي للعمليات Geraldine Bullard منصب الرئيس التنفيذي المؤقت خلال فترة الانتقال.
First Northwest Bancorp（纳斯达克股票代码：FNWB） 已任命 Curt Queyrouze 为新任首席执行官兼总裁，自 2025年9月17日起生效。Queyrouze 拥有超过 40 年的金融服务经验，专注于信贷、风险管理和金融科技。
Queyrouze 来自 Coastal Financial Corporation，曾担任 Community Bank 与 Corporate Credit 的总裁。他此前担任 TAB Bank 的总裁兼 CEO，具备从社区银行到金融科技公司的丰富经验。他还将加入 First Northwest 与 First Fed Bank 的董事会。
他接替于 2025 年 7 月离任的 Matthew P. Deines，过渡期间由 COO Geraldine Bullard 担任临时 CEO。
- Appointment of highly experienced CEO with 40+ years in financial services
- New CEO brings diverse expertise across traditional banking and fintech
- Smooth leadership transition with interim CEO arrangement
- Recent CEO departure in July 2025 indicates potential leadership instability
Insights
Queyrouze's appointment brings 40+ years of financial expertise to FNWB, suggesting potential operational continuity with enhanced focus on technology and credit risk management.
The appointment of Curt Queyrouze as CEO represents a strategic leadership transition for First Northwest Bancorp. His extensive 40-year background in financial services, particularly in credit, risk management, and financial technology, signals the board's priority on strengthening these operational areas. Queyrouze brings valuable recent experience from Coastal Financial Corporation and his previous CEO role at TAB Bank, suggesting he has the necessary leadership capabilities to guide this community-focused institution.
The board's emphasis on his "data-driven decision-making" approach and "commitment to creating long-term value for shareholders" indicates potential governance improvements and a balanced focus on modernization while maintaining the bank's community-oriented tradition. His financial technology experience is particularly notable, as it suggests First Northwest may be positioning itself for enhanced digital banking capabilities – increasingly critical for community banks competing against larger institutions and fintech disruptors.
This appointment follows Matthew Deines' departure in July 2025, with COO Geraldine Bullard serving as Interim CEO during the transition. The two-month gap between leadership changes and the "exhaustive search process" mentioned indicates the board took appropriate time for succession planning rather than rushing the appointment, which is a positive governance indicator. Queyrouze's appointment to both the holding company and subsidiary boards also ensures alignment in strategic decision-making across the organization.
PORT ANGELES, Wash., Sept. 12, 2025 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB) (“First Northwest”) and its subsidiary First Fed Bank (“First Fed” and, together with First Northwest, the “Company”) are pleased to announce today that Curt Queyrouze will become the Company’s new Chief Executive Officer and President, starting on September 17, 2025. He will also be appointed as a member of the Board of Directors of both First Northwest and First Fed at that time.
“It's a privilege to step into this role at a company with such a long-standing reputation. First Fed has a remarkable 100-year-plus history, and my goal is to honor that by continuing to deliver long-term value for our shareholders and by building a modern, forward-thinking financial institution that remains a trusted partner for our communities,” said Queyrouze.
Queyrouze is a seasoned community bank leader with more than 40 years of financial services experience including expertise in credit, risk management, and financial technology.
“After an exhaustive search process, the Board is excited to announce Curt’s hiring. His history of proven leadership, his focus on data-driven decision-making, and his commitment to creating long-term value for our shareholders made him the clear choice for the future of the Company,” said Cindy Finnie, Chair of the Board of First Northwest and First Fed. “Curt’s sterling performance leading financial institutions, combined with his clearly demonstrated dedication to his community, made him the obvious choice among a field of exceptionally strong candidates,” she continued.
Queyrouze was most recently President, Community Bank and Corporate Credit, of Coastal Financial Corporation, the holding company for Coastal Community Bank in Everett, Washington. Prior to joining Coastal in 2022, he was President and Chief Executive Officer at TAB Bank in Ogden, Utah. Queyrouze’s career also includes leadership roles at institutions from small community banks to regional banks as well as Chief Operating Officer of a fintech company. He holds a degree in Accounting from Louisiana State University and is active in his community and banking industry organizations.
Queyrouze replaces Matthew P. Deines, who departed the Company in July 2025. Geraldine Bullard, the Company’s Chief Operating Officer, will resume her role following her service as Interim CEO during the Board’s executive search.
About the Company
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 17 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. First Northwest has also strategically invested in partnerships focused on developing modern financial solutions and a boutique investment banking/accelerator firm. These investments underscore the Company’s commitment to innovation and growth in the financial services sector. First Northwest Bancorp was incorporated in 2012 and completed its initial public offering in 2015 under the ticker symbol FNWB. The Company is headquartered in Port Angeles, Washington.
Forward-Looking Statements
Certain matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, projections of future performance of the Company and its executives and include, but are not limited to, statements about our plans, objectives, expectations and intentions that are not historical facts, and other statements often identified by words such as “believes,” “expects,” “anticipates,” “estimates,” or similar expressions. These forward-looking statements are based upon current management beliefs and expectations and may, therefore, involve risks and uncertainties, many of which are beyond our control. Our actual results, performance, or achievements may differ materially from those suggested, expressed, or implied by forward-looking statements as a result of a wide variety of factors including, but not limited to: increased competitive pressures; changes in the interest rate environment; the credit risks of lending activities; pressures on liquidity, including as a result of withdrawals of deposits or declines in the value of our investment portfolio; changes in general economic conditions and conditions within the securities markets, including potential recessionary and other unfavorable conditions and trends relating to housing markets, costs of living, unemployment levels, interest rates, supply chain difficulties and inflationary pressures, among other things; legislative, regulatory, and policy changes; legal proceedings, regulatory investigations and their resolution; and other factors described in the Company’s latest Annual Report on Form 10-K under the section entitled “Risk Factors,” and other filings with the Securities and Exchange Commission (“SEC”), which are available on our website at www.ourfirstfed.com and on the SEC’s website at www.sec.gov.
Any of the forward-looking statements that we make in this press release and in the other public statements we make may turn out to be incorrect because of the inaccurate assumptions we might make, because of the factors illustrated above or because of other factors that we cannot foresee. Because of these and other uncertainties, our actual future results may be materially different from those expressed or implied in any forward-looking statements made by or on our behalf and the Company’s operating and stock price performance may be negatively affected. Therefore, these factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements. We do not undertake and specifically disclaim any obligation to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. These risks could cause our actual results for 2025 and beyond to differ materially from those expressed in any forward-looking statements by, or on behalf of, us and could negatively affect the Company’s operations and stock price performance.
Contact: Geraldine Bullard
Interim CEO
(360) 457-0461
FAQ
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