"As Washington's only locally owned Bank, First Federal takes pride in providing all of our customers with outstanding service and personal attention. In addition, as a mutual Federal Savings Bank, we do not have stockholders, but rather we are owned by our customer depositors. Therefore, we do not have the risk of being purchased by a large out-of-town bank or bank holding company which allows us to control our own destiny. As a mutual institution, we are not a prisoner of the bottom line, so we can afford to put our customers as well as our community first. In today's increasingly complex and impersonal financial institution environment, we provide our customers with an attractive banking alternative with our unique combination of stability, innovation, advanced technology and hometown service."
- T. O. Richardson, Chairman
