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First Fed leadership changes raise questions
When a respected community bank quietly loses its CEO and top banking officer within days, pays out a six-figure severance, and posts the worst financial performance in its peer group — shouldn’t someone be asking why?
For over a century, First Fed has been a cornerstone of the Olympic Peninsula’s financial and civic life. As the only community bank headquartered in the region — and one of the area’s major employers — its health matters to more than just shareholders. It matters to communities, nonprofits, small businesses, and everyday customers from Forks to Port Townsend.
That’s why recent…
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