First Federal is pleased to announce the selection of Larry Thompson as the new Senior Vice President and Director of Human Resources. Thompson brings a wealth of expertise to First Federal, with over two decades in the HR field and community banking. In his new role, he will oversee the human resources and training and development departments, lead strategic HR Initiatives, and provide guidance for the company’s 88 employees across Yamhill County.

An active member of the Oregon Society for Human Resource Management (SHRM), Thompson has also contributed his skills and knowledge to the boards of several nonprofit organizations throughout his career. His expertise and leadership will support First Federal’s mission and enhance its organizational culture.

Thompson succeeds Jill Faughender, who has announced her retirement effective April 5, 2024, after a commendable tenure at First Federal.

About First Federal

Established in McMinnville, Oregon, First Federal is a Mutual Savings & Loan institution with a proud legacy and a strong community focus. With assets totaling $624 million, First Federal operates six full-service branches in Yamhill County. The institution is committed to providing exceptional consumer lending, residential mortgage, commercial lending, and a broad range of personal and business banking services. First Federal continues to uphold its tradition of excellence and service to the community.

For additional information, please visit First Federal’s website at

FOR IMMEDIATE RELEASE: Contact:  Lindsay Dobie |

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