SEATTLE, WA--(MARKET WIRE)--Aug 19, 2008 -- HomeStreet Bank, one of the largest privately owned banks in the Pacific Northwest, today announced the election of Judd Kirk to its board of directors. Kirk brings nearly 40 years of experience in real estate, business and law to the bank's 14-member board.

Source: HomeStreet Bank
(click to enlarge) Judd Kirk, CEO of Port Blakely Communities ·  http://www.homestreet.com

"Judd's extensive real estate background and his firsthand understanding of family-owned businesses will contribute greatly to our efforts as we guide the company into the future," said Bruce W. Williams, chairman and CEO of HomeStreet Bank. "He is a great addition to our team, and I'm looking forward to drawing upon his exceptional business experience."

Kirk is CEO of Port Blakely Communities, a family-owned real estate development company, where he oversaw the development of Issaquah Highlands. Prior to joining Port Blakely Communities in 1990, he was president of Skinner Development Company, where he managed development of the Carillon Point mixed-use waterfront project in Kirkland.

"When presented with the option to join the HomeStreet Bank board, I saw it as a great opportunity," said Kirk. "I have been involved in the real estate community for a long time and HomeStreet's local roots, strong values and long-term perspective are exceptional assets in today's business environment."

Kirk received a degree in law from Harvard University and served for 16 years as head of the real estate department at the Seattle law firm of David Wright Tremaine. He is a member of the Washington State Bar Association, the Urban Land Institute and the Council of Advisors of Cascade Land Conservancy.

The members of HomeStreet Bank's board of directors are: Bruce W. Williams, Chairman; Scott M. Boggs; Brian P. Dempsey; David A. Ederer; Joan L. Enticknap; Judd Kirk; Gordon O. McFadden; Neil L. McReynolds; Gerhardt Morrison; Mary Oldshue; Cynthia Sonstelie; Janet L. Westling; and Kathryn A. Williams.

Founded in 1921, Seattle-based HomeStreet Bank has assets of $2.97 billion and a network of 30 branches in the Northwest and Hawaii. HomeStreet Bank is one of the only financial institutions in the country that has consistently received an "outstanding" rating under the federal Community Reinvestment Act.

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     Contact:
     Terri Silver
     206-389-6303
     terri.silver@homestreet.com
     Online newsroom: http://www.homestreet.com/newsroom