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First Financial Northwest
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
First Financial Northwest is a financial services company headquartered in Renton, Washington. It was founded in 1923 as First Savings and Loan Association of Renton and later changed its name to First Savings Bank Northwest. In 2011, the bank converted from a mutual organization to a publicly traded company and changed its name to First Financial Northwest, Inc.
The company offers a range of financial services, including checking and savings accounts, home and commercial loans, and investment products. It operates through its subsidiary, First Financial Northwest Bank, which has 11 branches in the Puget Sound region of Washington State.
First Financial Northwest is known for its community involvement and commitment to supporting local businesses and organizations. The company also has a strong focus on corporate social responsibility and has been recognized for its efforts in environmental sustainability.
In addition, First Financial Northwest has received numerous awards and accolades for its financial performance and customer service, including being named one of the Top 200 Community Banks by American Banker for eight consecutive years.
Overall, First Financial Northwest is a well-established and reputable company that is dedicated to serving the financial needs of its customers and community.
The company offers a range of financial services, including checking and savings accounts, home and commercial loans, and investment products. It operates through its subsidiary, First Financial Northwest Bank, which has 11 branches in the Puget Sound region of Washington State.
First Financial Northwest is known for its community involvement and commitment to supporting local businesses and organizations. The company also has a strong focus on corporate social responsibility and has been recognized for its efforts in environmental sustainability.
In addition, First Financial Northwest has received numerous awards and accolades for its financial performance and customer service, including being named one of the Top 200 Community Banks by American Banker for eight consecutive years.
Overall, First Financial Northwest is a well-established and reputable company that is dedicated to serving the financial needs of its customers and community.
What is special about the company?
1. Community focus: First Financial Northwest is dedicated to serving its local community and giving back through various charitable initiatives and volunteer efforts. This strong commitment to community is reflected in the company’s mission, vision, and values.
2. Long-standing history: The company has a long history dating back to 1923, making it one of the oldest financial institutions in the Pacific Northwest. This history has helped build a strong reputation and customer trust in the company.
3. Customer-centric approach: First Financial Northwest prioritizes its customers’ needs and strives to provide exceptional service to each individual or business it serves. This customer-centric approach has helped the company maintain a loyal customer base.
4. Diverse range of financial products: The company offers a wide range of financial products and services, including personal and business banking, lending solutions, insurance, and investment services. This allows customers to have all their financial needs met in one place.
5. Innovative technology: First Financial Northwest embraces technology to offer convenient and efficient services to its customers. This includes mobile and online banking, making it easier for customers to manage their finances.
6. Strong financial stability: The company has a strong financial track record, with consistent profitability and a solid balance sheet. This stability provides customers with confidence in the company’s ability to meet their financial needs.
7. Corporate responsibility: First Financial Northwest is committed to responsible and ethical business practices. This includes promoting sustainable and environmentally friendly practices and supporting diversity and inclusion in the workplace.
8. Award-winning company: The company has been recognized for its excellence in banking, customer service, and community involvement, receiving awards such as Best Bank in the Seattle area by Daily Record and Top Corporate Philanthropist in Washington by the Puget Sound Business Journal.
2. Long-standing history: The company has a long history dating back to 1923, making it one of the oldest financial institutions in the Pacific Northwest. This history has helped build a strong reputation and customer trust in the company.
3. Customer-centric approach: First Financial Northwest prioritizes its customers’ needs and strives to provide exceptional service to each individual or business it serves. This customer-centric approach has helped the company maintain a loyal customer base.
4. Diverse range of financial products: The company offers a wide range of financial products and services, including personal and business banking, lending solutions, insurance, and investment services. This allows customers to have all their financial needs met in one place.
5. Innovative technology: First Financial Northwest embraces technology to offer convenient and efficient services to its customers. This includes mobile and online banking, making it easier for customers to manage their finances.
6. Strong financial stability: The company has a strong financial track record, with consistent profitability and a solid balance sheet. This stability provides customers with confidence in the company’s ability to meet their financial needs.
7. Corporate responsibility: First Financial Northwest is committed to responsible and ethical business practices. This includes promoting sustainable and environmentally friendly practices and supporting diversity and inclusion in the workplace.
8. Award-winning company: The company has been recognized for its excellence in banking, customer service, and community involvement, receiving awards such as Best Bank in the Seattle area by Daily Record and Top Corporate Philanthropist in Washington by the Puget Sound Business Journal.
What the company's business model?
The First Financial Northwest company’s business model is primarily focused on providing financial services, including banking, lending, and wealth management services, to individuals, businesses, and organizations in the Northwest region of the United States. The company aims to generate revenue through interest income, fees, and commissions from its various financial products and services. It also focuses on building long-term relationships with its clients and providing personalized and high-quality customer service. Additionally, the company may also generate income from investment and trading activities.
Interesting facts about the company
1. The First Financial Northwest company, also known as First Financial Northwest Bank, is a financial institution based in Renton, Washington.
2. The company was founded in 1923 as the First National Bank of Renton.
3. In the 1980s, the bank changed its name to First Interstate Bank of Renton, and later to Pacific First Bank.
4. In 2007, the First Financial Northwest company was formed as a result of a merger between several local banks, including Pacific First Bank.
5. Today, the company has 10 branches and over $1 billion in assets.
6. The First Financial Northwest company is publicly traded on the NASDAQ stock exchange under the ticker symbol FFNW.
7. The company provides banking services such as checking and savings accounts, loans, and investment services.
8. First Financial Northwest also offers online and mobile banking options for its customers.
9. The company is known for its commitment to community involvement and has received multiple awards for its philanthropic efforts.
10. In 2020, First Financial Northwest was recognized as one of the top 200 healthiest banks in the country by DepositAccounts.com.
See Company Due Diligence:
2. The company was founded in 1923 as the First National Bank of Renton.
3. In the 1980s, the bank changed its name to First Interstate Bank of Renton, and later to Pacific First Bank.
4. In 2007, the First Financial Northwest company was formed as a result of a merger between several local banks, including Pacific First Bank.
5. Today, the company has 10 branches and over $1 billion in assets.
6. The First Financial Northwest company is publicly traded on the NASDAQ stock exchange under the ticker symbol FFNW.
7. The company provides banking services such as checking and savings accounts, loans, and investment services.
8. First Financial Northwest also offers online and mobile banking options for its customers.
9. The company is known for its commitment to community involvement and has received multiple awards for its philanthropic efforts.
10. In 2020, First Financial Northwest was recognized as one of the top 200 healthiest banks in the country by DepositAccounts.com.
See Company Due Diligence:
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