Washington

First Interstate BancSystem in Billings, Mont., has tapped a KeyCorp executive as its new chief credit officer.

Banner Corp. in Walla Walla, Wash., has named a trio of banking industry executives to its board, including the former chief financial officer at Zions Bancorp.

First Sound Bank in Seattle has recruited chief financial and administrative officers from rival banks.

Frank Keating, former chief executive of the American Bankers Association, has joined the law firm Holland & Knight as a partner.

Northwest Bancorp. in Spokane, Wash., has announced that Chief Executive Randall Fewel will retire at the end of the year.

HomeStreet in Seattle has bought a branch in Dayton, Wash., from Banner Corp. in Walla Walla, Wash.

Anchor Bancorp in Lacey, Wash., has named an accountant to its board, to settle a dispute with an activist investor.

The $75 million-asset bank said in a press release Tuesday that Michael Clabby had become its acting president and chief executive, effective last Friday.

First Financial Northwest in Renton, Wash., has filed for permission to adopt a commercial bank charter.

The $12.6 billion-asset United said in a press release Monday that it will pay $269 million, or $37 a share, in stock for the $1.2 billion-asset Bank of Georgetown.

Puget Sound Bank in Bellevue, Wash., is preparing to form a holding company.

The $815 million-asset company said in a press release Friday that it will close locations in Ilwaco and Ferndale in western Washington.

PricewaterhouseCoopers has hired a former FBI deputy director to lead a new consulting group to address financial crime issues.

Anchor Bancorp in Lacey, Wash., could eventually sell itself after reaching a truce with an activist investor.

Washington Federal in Seattle reported higher profit in its fiscal fourth quarter, citing a record level of commercial loan originations.

Foundation Bancorp in Bellevue, Wash., is searching for a new chief executive. The company said in a press release Tuesday that Diane Dewbrey resigned a day earlier "to pursue other interests."

The $1.5 billion-asset bank issued $25 million of subordinated notes due 2025 in a private placement. WashingtonFirst used the proceeds to redeem $8.9 million in SBLF preferred shares, which it issued to the Treasury Department in 2011.

A pair of community banks have lined up funding through separate subordinated-debt agreements with a firm in the Cayman Islands.

SEATTLE — Tiny Northwest Baptist Federal Credit Union on Friday merged into $633 million Seattle Metropolitan Credit Union. The combined credit union will hold $635 million in assets and serve 45,000 members with a total of 7 branches throughout the Greater Seattle area.

A bank failure in Georgia and then another in Washington state late Friday were estimated to cost the Federal Deposit Insurance Corp. nearly $25 million.