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April 1, 2021

Liberty Northwest Bancorp

Liberty Northwest Bancorp, the holding company for Liberty Bank, has completed a private placement of $5 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain qualified institutional accredited investors. The company will use the proceeds for general banking purposes with an emphasis on supporting the growth of the holding company and the bank. Liberty Northwest Bancorp was established in 2020 as a single bank holding company for its Washington state-chartered bank subsidiary Liberty Bank. Liberty Bank, headquartered in Poulsbo, serves clients throughout the West Sound and Puget Sound regions. Keller Rohrback served as counsel to Liberty Northwest Bancorp and Los Angeles-based MJC Partners served as the sole placement agent for the offering.




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