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.