Terry A. Anderson joined First Federal Savings and Loan Association of Port Angeles as executive vice president and chief credit officer. Anderson will succeed Christopher A. Donohue, who is departing to pursue other opportunities and interests.
“Chris has made significant contributions to our company during his tenure at First Federal,” said Larry Hueth, president and CEO of First Northwest Bancorp, the holding company of First Federal. “We are grateful for his years of service and wish him well.”
Anderson has more than two decades of management experience in credit administration, sales, commercial banking and residential real estate. He most recently served as executive vice president and chief credit officer for South Sound Bank and previously worked in a variety of positions with West Coast Bank, U.S. Bank and Bank of America.
“The effective execution of the financial and managerial responsibilities of our chief credit officer is absolutely essential to this institution’s sustainable growth and success,” said Hueth. “Terry has significant experience in banking and finance and is a financial professional with a proven track record of performance and leadership. We look forward to welcoming Terry to our team and leveraging his knowledge and expertise to continue to grow our company.”
First Federal Savings and Loan Association of Port Angeles is a Washington state-chartered mutual savings bank. It has 13 banking locations and primarily serves communities in Western Washington State.
