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First Financial Northwest Secures FDIC Approval for Sale of Bank Unit to Global Federal Credit Union
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First Financial Northwest Secures FDIC Approval for Sale of Bank Unit to Global Federal Credit Union
Aug 12, 2024 6:58 AM

09:36 AM EDT, 08/12/2024 (MT Newswires) -- First Financial Northwest ( FFNW ) said Monday that the Federal Deposit Insurance Corporation has approved Global Federal Credit Union's acquisition of First Financial Northwest Bank.

The company reported the acquisition in January and its shareholders approved the deal on July 19.

The acquisition remains subject to Global Federal Credit Union's receipt of approval from the National Credit Union Administration and there is no guarantee that this approval will be obtained, First Financial said.

Price: 21.31, Change: +0.21, Percent Change: +1.00

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