In the Pacific Northwest, community banks like First Fed are stepping up to blend tradition with modern tools. Curt Queyrouze, the new CEO of First Fed Bank, shared his vision in a recent interview, stressing how local banks build stronger ties and drive real success for people and businesses.
Queyrouze Takes the Helm at First Fed
Curt Queyrouze became CEO and President of First Fed Bank in September 2025. With more than 40 years in banking, he replaced Matthew Deines after a board search.
He brings experience from roles in New Orleans and Utah. Now based in Port Angeles, Washington, Queyrouze aims to honor the bank’s 102-year history while pushing forward.
First Fed operates 17 locations across Washington state. It serves individuals, small businesses, and nonprofits with a focus on personal connections.
Why Community Banks Stand Out Today
Community banks play a key role in local economies. They fund most small business loans in the U.S., often stepping in where big banks won’t.
In the Pacific Northwest, these banks support rural areas and underserved spots. They keep money circulating locally, boosting jobs and growth.
Queyrouze points out the pride people feel in this region. Ties to nature and history make communities here unique and resilient.
Recent data shows community banks hold about 15 percent of all banking assets but provide over 60 percent of small business lending. This gap highlights their vital impact.
- They offer flexible loans for startups and family farms.
- They build trust through face-to-face service.
- They invest in local projects like schools and parks.
Blending Tech with Human Touch
Queyrouze has led digital banks before, but at First Fed, he wants tech to support people, not replace them. The bank invests in apps and AI for budgeting, yet keeps branches open for personal chats.
Customers can choose digital tools or visit in person. This mix helps everyone, from tech-savvy users to those who prefer cash.
In 2025, with rising interest in fintech, community banks like First Fed adapt to stay relevant. They use data to offer better rates and faster approvals.
Queyrouze says success comes from helping customers win. Whether buying a home or growing a business, the bank acts as a partner.
Impact on Pacific Northwest Communities
The Pacific Northwest faces unique challenges like remote locations and natural resource economies. Community banks address these by tailoring services.
First Fed has branches from Forks to Ferndale, serving diverse needs. They help with everything from home loans to business expansion.
Queyrouze notes the region’s rooted feel. People here value heritage, which aligns with community banking’s local focus.
A look at recent trends shows community banks in Washington state grew deposits by 5 percent in 2025. This growth supports more lending to local ventures.
| Key Benefits of Community Banking | Description | Pacific Northwest Example |
|---|---|---|
| Local Lending | Funds stay in the area, creating jobs | Supports timber and tech startups |
| Personalized Service | Staff know customers by name | Helps families with custom mortgages |
| Community Investment | Sponsors events and nonprofits | Backs schools and environmental groups |
| Economic Stability | Quick response to local needs | Aids recovery after storms or downturns |
Challenges and Future Outlook
Community banks face pressure from big players and regulations. Yet, they thrive by staying nimble and focused on relationships.
Queyrouze sees 2025 as a turning point. With economic shifts, banks like First Fed can lead by combining purpose and innovation.
Experts predict more mergers, but community banks will remain essential for small towns. Their role in underserved areas keeps them strong.
First Fed reported solid third-quarter results in 2025, showing progress under new leadership. Queyrouze commits to long-term value for shareholders and communities.
A Call for Stronger Local Ties
Community banking isn’t just about money; it’s about building futures. Queyrouze’s approach at First Fed shows how local focus can drive real change.
As digital options grow, the human element remains key. This balance could shape banking in the Pacific Northwest for years.
What do you think about community banks in your area? Share your thoughts in the comments and pass this article along to friends who might benefit.
