McMinnville, OR – Caroll Riley has been promoted to SVP, Chief Banking Officer. The Chief Banking Officer provides leadership in the development of and continuous evaluation of strategic financial objectives, and directs and oversees all aspects of branch banking and consumer lending. Riley brings 30+ years of experience to the role, including 7 years as Residential Mortgage Officer at First Federal.

Riley was born and raised in the Yamhill County area, and has continued to serve the residents since graduating college. She is an active member in the community, volunteering with the Yamhill County Association of Realtors, the Salvation Army, teaching financial and credit basics to McMinnville students, and various community events throughout the year.

“Caroll is a marvelous asset to our First Federal team,” says Jim Schlotfeldt, President and CEO. “Her experience has translated into a productive strategy for us and she is going to help us take First Federal’s service to the next level.”

About First Federal

First Federal is a $640 million dollar Mutual Savings & Loan celebrating 100 years of service to our communities in 2022. Headquartered in McMinnville, Oregon First Federal operates six full service branches offering consumer lending, residential mortgage lending, commercial lending and both personal and business accounts and services.

Learn more at:

FOR IMMEDIATE RELEASE: September 8, 2022

Contact:  Lindsay Liddell,