HomeStreet Announces Consolidation of Oswego Oregon Retail Branch

Customer accounts will automatically be transferred to Lake Grove
Branch

SEATTLE–(BUSINESS WIRE)–HomeStreet, Inc. (Nasdaq: HMST) or (“HomeStreet”), the parent company of
HomeStreet Bank (the “Bank”), today announced the Bank has filed a
Notice of Closure with the Federal Deposit Insurance Corporation to
close its Oswego Oregon retail branch located at 310 North State Street,
Suite 218, Lake Oswego, OR 97034. The location will remain open to
customers until September 20, 2019.

“This consolidation is part of our previously announced efficiency
improvement initiative,” said Mark K. Mason, HomeStreet Chairman,
President, and CEO. “Customer accounts at the Oswego location will be
automatically transferred to the bank’s full-service Lake Grove branch
located at 3970 SW Mercantile Drive, Suite 105, Lake Oswego, OR 97035,
which is approximately 3.3 miles from the Oswego location. Our branch
employees are dedicated to making this a seamless transition for our
customers.”

All HomeStreet Bank customers have access to a variety of convenient
digital banking options to fit their financial needs. HomeStreet Bank’s
Mobile Banking app, available for iOS and Android, allows customers to
make deposits, pay bills, and transfer funds 24/7. Customers may also
access their accounts, make transfers, or pay bills any time through
Online Banking and Online Bill Pay at homestreet.com.

About HomeStreet, Inc.

HomeStreet, Inc. (Nasdaq:HMST) is a diversified financial services
company headquartered in Seattle, Washington, serving consumers and
businesses in the Western United States and Hawaii through its various
operating subsidiaries. The company’s primary business is community
banking, including: commercial real estate lending, commercial lending,
residential construction lending, single family residential lending,
retail banking, private banking, investment, and insurance services. Its
principal subsidiaries are HomeStreet Bank and HomeStreet Capital
Corporation. Certain information about our business can be found on our
investor relations web site, located at http://ir.homestreet.com.

Contacts

HomeStreet, Inc.
Investor Relations:
Gerhard
Erdelji, 206-515-4039
gerhard.erdelji@homestreet.com
or
Media
Relations:
Michael Brandt, 206-876-5506
michael.brandt@homestreet.com

ir.homestreet.com/news