First Northwest Bancorp Announces Promotion of Phyllis Nomura to Chief Financial Officer
Port Angeles, WA – In an exciting development for First Northwest Bancorp (FNWB) and its subsidiary First Fed Bank, the company announced on March 27, 2025, the promotion of Phyllis Nomura to the position of Executive Vice President and Chief Financial Officer. Nomura, who has been with the company since 2010, has served various roles in finance and accounting, most recently as Senior Vice President and Chief Accounting Officer.
Nomura’s Professional Background
Nomura began her career in public accounting with a major international firm before joining First Northwest Bancorp. Her extensive experience in financial reporting, accounting, and internal controls will serve her well in her new role. She holds a Bachelor of Science in Business Administration with an emphasis in Accounting from the University of Washington.
Impact on First Northwest Bancorp and First Fed
The promotion of Nomura to CFO is a strategic move for First Northwest Bancorp and First Fed. With her deep understanding of the company’s financial operations and her proven leadership abilities, she is poised to lead the finance function and contribute to the continued growth and success of the organization.
Personal and Global Implications
As a customer or shareholder of First Northwest Bancorp or First Fed, this promotion may not have a direct impact on your daily life. However, it is a positive sign of the bank’s commitment to strong financial management and growth. The appointment of Nomura as CFO is a testament to the company’s focus on attracting and retaining top talent.
On a larger scale, the promotion of Nomura to CFO is indicative of a broader trend in the financial services industry. With increasing regulatory pressures and a growing focus on transparency and risk management, companies are placing a greater emphasis on strong financial leadership. This trend is likely to continue as the industry adapts to evolving market conditions and regulatory requirements.
Conclusion
The promotion of Phyllis Nomura to Executive Vice President and Chief Financial Officer of First Fed is an exciting development for First Northwest Bancorp and its subsidiary. Nomura’s extensive experience and leadership abilities make her an excellent choice to lead the finance function and contribute to the continued growth and success of the organization. While the promotion may not have a direct impact on individual customers or shareholders, it is a positive sign of the company’s commitment to strong financial management and its ability to attract and retain top talent. The trend towards stronger financial leadership is likely to continue in the financial services industry, as companies adapt to evolving market conditions and regulatory requirements.
- First Northwest Bancorp announces the promotion of Phyllis Nomura to Executive Vice President and Chief Financial Officer of First Fed
- Nomura has been with the company since 2010 and most recently served as Senior Vice President and Chief Accounting Officer
- Her extensive experience in financial reporting, accounting, and internal controls will serve her well in her new role
- The promotion is a strategic move for First Northwest Bancorp and First Fed, indicative of a broader trend in the financial services industry towards strong financial leadership
