First Northwest Bancorp announced a strategic fintech partnership with Torpago, a rapidly growing corporate card and spend management platform. The partnership will include an equity investment and line of credit to enable Torpago's market expansion. Additionally, First Fed is utilizing Torpago's best-in-class corporate cards for its own spend management system.

Torpago is on a mission to disrupt traditional corporate credit cards and modernize spend management for businesses of all sizes. The company is headquartered in San Francisco, California. Torpago has raised $80.2M since it was founded in 2019.

First Fed received a best-in-state bank award from Forbes in 2021. Also, the community bank was recognized as a “middle market fast 50” and “best workplace” by Puget Sound Business Journal. First Fed will be celebrating its centennial in 2023 in Port Angeles, Washington.