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Diane Davis Appointed to Boards of First Fed and First Northwest Bancorp

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First Northwest Bancorp (NASDAQ: FNWB), the holding company for First Fed Bank, has appointed Diane C. Davis to the Boards of Directors of both First Fed Bank and First Northwest Bancorp. Davis brings over 25 years of leadership experience in the insurance industry, with expertise in executive management, strategy, risk management, and corporate governance.

Davis previously served as President of Farmers New World Life Insurance Company from 2016 to 2019 and held the position of Regional Chief Risk Officer at Zurich Insurance Company Ltd. She currently serves as co-chair of 5050 Women on Boards of Greater Seattle and previously served on the board of First Financial Northwest Bancorp.

First Northwest Bancorp (NASDAQ: FNWB), la holding di First Fed Bank, ha nominato Diane C. Davis nei Consigli di Amministrazione sia di First Fed Bank che di First Northwest Bancorp. Davis vanta oltre 25 anni di esperienza di leadership nel settore assicurativo, con competenze in gestione esecutiva, strategia, gestione del rischio e governance aziendale.

Davis è stata precedentemente Presidente di Farmers New World Life Insurance Company dal 2016 al 2019 e ha ricoperto il ruolo di Regional Chief Risk Officer presso Zurich Insurance Company Ltd. Attualmente è co-presidente di 5050 Women on Boards of Greater Seattle e in passato ha fatto parte del consiglio di First Financial Northwest Bancorp.

First Northwest Bancorp (NASDAQ: FNWB), la compañía holding de First Fed Bank, ha nombrado a Diane C. Davis en los Consejos de Administración tanto de First Fed Bank como de First Northwest Bancorp. Davis aporta más de 25 años de experiencia en liderazgo en la industria de seguros, con especialización en gestión ejecutiva, estrategia, gestión de riesgos y gobernanza corporativa.

Davis fue anteriormente Presidenta de Farmers New World Life Insurance Company desde 2016 hasta 2019 y ocupó el puesto de Regional Chief Risk Officer en Zurich Insurance Company Ltd. Actualmente es copresidenta de 5050 Women on Boards of Greater Seattle y anteriormente formó parte del consejo de First Financial Northwest Bancorp.

First Northwest Bancorp (NASDAQ: FNWB)� First Fed Bank� 지주회사로�, Diane C. Davis� First Fed Bank와 First Northwest Bancorp � 이사회에 임명했습니다. Davis� 보험 업계에서 25� 이상� 리더� 경험� 보유하고 있으�, 경영� 관�, 전략, 위험 관� � 기업 거버넌스� 전문성을 가지� 있습니다.

Davis� 2016년부� 2019년까지 Farmers New World Life Insurance Company� 사장으로 재직했으�, Zurich Insurance Company Ltd.에서 지� 최고 위험 관� 책임�(Regional Chief Risk Officer)� 역임했습니다. 현재� 5050 Women on Boards of Greater Seattle� 공동 의장� 맡고 있으�, 이전에는 First Financial Northwest Bancorp 이사회에� 참여했습니다.

First Northwest Bancorp (NASDAQ : FNWB), la société holding de First Fed Bank, a nommé Diane C. Davis au sein des conseils d'administration de First Fed Bank et de First Northwest Bancorp. Davis apporte plus de 25 ans d'expérience en leadership dans le secteur de l'assurance, avec une expertise en gestion exécutive, stratégie, gestion des risques et gouvernance d'entreprise.

Davis a précédemment occupé le poste de Présidente de Farmers New World Life Insurance Company de 2016 à 2019 et a été directrice régionale du risque chez Zurich Insurance Company Ltd. Elle est actuellement co-présidente de 5050 Women on Boards of Greater Seattle et a auparavant siégé au conseil d'administration de First Financial Northwest Bancorp.

First Northwest Bancorp (NASDAQ: FNWB), die Holdinggesellschaft der First Fed Bank, hat Diane C. Davis in die Vorstände sowohl von First Fed Bank als auch von First Northwest Bancorp berufen. Davis bringt über 25 Jahre Führungserfahrung in der Versicherungsbranche mit, mit Fachkenntnissen in der Geschäftsleitung, Strategie, Risikomanagement und Unternehmensführung.

Davis war zuvor von 2016 bis 2019 Präsidentin der Farmers New World Life Insurance Company und hatte die Position der Regional Chief Risk Officer bei der Zurich Insurance Company Ltd. inne. Derzeit ist sie Co-Vorsitzende von 5050 Women on Boards of Greater Seattle und war zuvor im Vorstand von First Financial Northwest Bancorp tätig.

Positive
  • Appointment of experienced board member with 25+ years of leadership experience
  • Strategic addition of expertise in risk management and corporate governance
  • Previous experience as President of Farmers New World Life Insurance Company
  • Strengthening of board diversity and governance structure
Negative
  • None.

PORT ANGELES, Wash., July 23, 2025 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ: FNWB), the holding company for First Fed Bank, announced the appointment of Diane C. Davis to the Boards of Directors of both First Fed Bank and First Northwest Bancorp.

Ms. Davis brings more than 25 years of leadership experience in the insurance industry, with expertise in executive management, strategy, risk management, and corporate governance. Further, Diane is an experienced community bank board member, having served on the board of First Financial Northwest Bancorp, which was acquired earlier this year.

“Diane’s extensive experience in risk oversight and executive leadership will be a tremendous asset to our organization as we continue to grow and serve our communities,� said Geri Bullard, Interim CEO of First Fed. “Her proven expertise in strategy and governance aligns with our long-term goals, and we are excited to welcome her to the Board.�

“Community banks play a vital role in building strong, resilient local economies, and I’m deeply passionate about supporting that mission. I’m honored to join First Fed’s board and work alongside its dedicated executive team and fellow board members,� said Diane Davis.

Ms. Davis began her career at Farmers New World Life Insurance Company in 1992 and advanced through a variety of leadership roles, including Chief Risk Officer and ultimately President from 2016 until her retirement in 2019. She also served as Regional Chief Risk Officer for Global Life North America at Zurich Insurance Company Ltd., bringing broad actuarial and strategic planning experience to her board role.

She holds a Bachelor of Science in Actuarial Science from the University of Illinois at Urbana-Champaign and a Master of Business Administration from the University of Washington. A Fellow of the Society of Actuaries, Ms. Davis currently serves as co-chair of 5050 Women on Boards of Greater Seattle and is a former member of the Board of Directors for Habitat for Humanity Seattle-King County.

Her appointment reflects First Fed’s ongoing commitment to strong governance, sustainable growth, and long-term financial security for its customers and communities.

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.

Geri Bullard, Interim CEO / Chief Operating Officer
First Fed 105 W. Eight Street
Port Angeles, WA 98362
360-565-8556


FAQ

Who is Diane Davis and what is her role at First Northwest Bancorp (FNWB)?

Diane Davis has been appointed to the Boards of Directors of both First Fed Bank and First Northwest Bancorp. She brings over 25 years of leadership experience in the insurance industry and previously served as President of Farmers New World Life Insurance Company.

What experience does Diane Davis bring to FNWB's board?

Davis brings expertise in executive management, strategy, risk management, and corporate governance. She previously served as President of Farmers New World Life Insurance Company and Regional Chief Risk Officer at Zurich Insurance Company Ltd.

What is First Northwest Bancorp's (FNWB) current market presence?

First Fed, FNWB's subsidiary, operates 18 locations in Washington State, including 12 full-service branches. The bank has served Pacific Northwest customers since 1923 and focuses on providing financial products for individuals, small businesses, and commercial customers.

What recent recognition has First Fed Bank received?

First Fed Bank was recognized as a Best Workplace in 2023 by Puget Sound Business Journal, top Corporate Philanthropist in 2023 and 2024, and received 2024 awards for Best Bank and Best Lender in Best of the Peninsula for Clallam County.
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Banks - Regional
Savings Institutions, Not Federally Chartered
United States
PORT ANGELES