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When Steve Westfall joined First Federal Bank's board of directors, he thought it was simply an honorary position. Instead, it would be a partnership that would transform both Steve and First Fed alike over decades, tremendously benefiting Idaho's only mutual bank and the communities it serves.

"It's unbelievably powerful to think that you have influence over the direction of almost 300 employees and all these various communities," reflects Westfall, who served as the board representative from the Burley-Rupert area.

A lifelong resident of Burley, Westfall followed in his father's footsteps as a CPA. After graduating from college, he returned home to join his father's accounting practice, where he continues to serve many of the same clients he's worked with for more than three decades.

As chair of First Fed’s audit committee, Westfall's CPA expertise proved invaluable to the bank. "Being on the board and being a CPA is definitely hand in glove," he explains. This synergy between his professional practice and board service enhanced his ability to serve both the bank and his clients.

A Thought Sparks Lasting Change

Steve’s proudest achievement came from what he calls "a random idea" - establishing the First Federal Foundation. When the bank received funds from an investment, Westfall proposed creating a charitable foundation to support local organizations. The board embraced the concept enthusiastically, and today the Foundation provides grants to nonprofits throughout the Magic Valley and Treasure Valley.

"It's a wonderful thing to see what happens," says Westfall, becoming emotional when discussing the Foundation's impact. The organization maintains two grant cycles annually, carefully reviewing applications to support initiatives that strengthen local communities.

Small Towns Need Big Leaders

Westfall's commitment to community service extends far beyond First Fed. His extensive leadership roles have included serving as Chamber of Commerce president, Cassia Hospital board chairman and director, and Idaho Youth Ranch director. In smaller communities like Burley, he believes leadership is both an obligation and an opportunity.

"In a small town, not everybody steps up. And really, you need leadership," he explains.

As he reflects on his board tenure, Westfall emphasizes the importance of maintaining First Fed's unique culture and focus. "Everything we do is for the customers and the depositors of the bank," he notes. "Our mission is to enhance the well-being of our customers. I can't imagine a better thing for a business to be concerned with."

His message to future generations focuses on active community engagement. "It seems like people these days don't get involved. There are so many distractions," he observes. "People need to be involved and active with other people, no matter what that is. It can be in business, it can be charity work or volunteer work, but I would just hope everyone gets involved."

Though retiring from the board, Westfall plans to continue his accounting practice while watching First Fed's continued growth with interest.

"I could not have had a better experience than being on the board of First Federal. It feels like a little bit of a part of me. I love our mission. I love that we take care of our communities. I love that we're concerned with the well-being of our customers and our employees.”