First Financial Northwest Appoints Richard Jacobson As CFO

(RTTNews) - First Financial Northwest, Inc. (FFNW) said Friday that it has appointed Richard Jacobson as Chief Financial Officer of the company and its financial institution subsidiary, First Savings Bank Northwest.

Last month, Jacobson was appointed Chief Administrative Officer of the company and Chief Operating Officer of the Bank.

The company also said that it had determined to discontinue virtually all the operations of First Financial Diversified Corp., its wholly owned subsidiary, as part of its ongoing efforts to reduce expenses. Currently, First Financial Diversified mainly provides escrow services to the Bank, other area lenders and some private individuals.