Global Credit Union hosted its 30th Annual Alaska Military Appreciation Breakfast, to honor the 13 Service Members of the Year recipients and the Military Spouse of the Year.
Global will operate the locations of the bank as a separately branded division named “First Financial Northwest Operated by Global Federal Credit Union,” until system and brand integrations are completed later in 2025.
Global Federal Credit Union and First Financial Northwest, Inc., the holding company for First Financial Northwest Bank, jointly announced today that the Asset Sale is expected to be completed on April 11, 2025.
Global Credit Union received the required regulatory approval from the National Credit Union Administration for its acquisition of substantially all of the assets and assumption of substantially all of the liabilities (including deposit liabilities) of the Bank (the “Asset Sale”), on the terms and subject to the conditions of the Purchase and Assumption Agreement, dated as of January 10, 2024, by and among the Company, the Bank and Global (the “Agreement”).