Washington

Anchor Bancorp in Lacey, Wash., is facing a renewed proxy battle from activist investor Joel Lawson 4th ahead of its annual shareholders meeting in late October.

The $4.8 billion-asset HomeStreet said in a press release Monday that it will pay $49.8 million in stock, or $11.70 a share, and $5.5 million in cash for the $200 million-asset Orange County Business Bank.

Sound Financial Bancorp in Seattle has hired a former Federal Home Loan Bank executive as chief administrative officer of its bank.

Washington Federal in Seattle said its chief financial officer, Diane Kelleher, plans to step down at yearend.

Promontory Financial Group has hired former Citigroup and Bank of America executive Eugene McQuade.

Baker Boyer National Bank in Walla Walla, Wash., has tapped president Mark Kajita as its new chief executive.

FS Bancorp in Mountlake Terrace, Wash., has agreed to buy four branches in Washington from Bank of America in Charlotte, N.C.

Northwest Bancorp. in Spokane has raised $20 million from a private placement of common stock. Northwest plans to use some of the proceeds to complete its acquisition of Fairfield Financial Holdings, which was announced in late June.

First Financial Northwest in Renton, Wash., has added a former Sandler O'Neill investment banker and a PacWest Bancorp director to its board.

First Northwest Bancorp in Port Angeles, Wash., lowered its previously reported results for its recently completed fiscal year because of an accounting error.