---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-032979"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2023-11-24T23:59:59+00:00"
generated_at: "2026-06-07T21:51:39.796971+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp subsidiary enters FDIC consent order over consumer law violations

## Summary
- First Fed Bank entered a consent order with the FDIC on November 21, 2023, effective immediately.
- Order requires correcting violations of consumer protection laws within 30 days and implementing prevention procedures.
- Bank must provide a list of all credit/deposit products and identify third parties; seek FDIC non-objection for new products or partners.
- Board must oversee compliance management system, allocate resources, and furnish quarterly progress reports to the FDIC.
- Company self-reported to FDIC in 2022 and does not anticipate a material effect on earnings or capital from compliance.

## SEC filing metadata
- accession: 0001437749-23-032979
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2023-11-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774923032979/0001437749-23-032979-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774923032979/fnwb20231121_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-032979
- JSON: https://secwatch.observer/filing/0001437749-23-032979.json
- Plain text: https://secwatch.observer/filing/0001437749-23-032979.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.