8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 21, 2014

HOMESTREET, INC.

(Exact name of registrant as specified in its charter)

Washington	001-35424	91-0186600
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

601 Union Street, Ste. 2000, Seattle, WA 98101

(Address of principal executive offices) (Zip Code)

(206) 623-3050

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On July 21, 2014, the Board of Directors of HomeStreet, Inc. (the "Company"), acting pursuant to a resolution in a unanimous written consent as authorized by the Company’s Articles of Incorporation and Bylaws, increased the number of authorized directors of the Company from nine to ten directors and appointed Timothy R. Chrisman to fill the vacancy created by that increase effective as of Monday, July 21, 2014. The Board of Directors of the Company’s wholly owned subsidiary, HomeStreet Bank (the “Bank”) also appointed Mr. Chrisman to fill an existing vacancy on the Board of Directors of the Bank at a meeting on June 26, 2014. Mr. Chrisman will serve on the Human Resources and Corporate Governance Committees of the Company and the Bank and the Finance Committee of the Bank.

In connection with his appointment to the Board of Directors, Mr. Chrisman entered into our standard Director and Officer Indemnification Agreement (the “Indemnification Agreement”) effective as of June 26, 2014, the date of his appointment to the Board of Directors of the Bank. This Indemnification Agreement, which we have entered into with each of our directors, is described in our Proxy Statement on Form 14A filed with the Securities and Exchange Commission (the “SEC”) on April 16, 2014, and a form of the agreement was filed with the SEC as an exhibit to our Amendment No. 1 to Registration Statement on Form S-1 (SEC File No. 333-173980) on May 19, 2011. Pursuant to the Indemnification Agreement, the Company, subject to certain limitations, is obligated to indemnify Mr. Chrisman to the fullest extent permitted under applicable law against liabilities that may arise by reason of his service to the Company and the Bank, and to advance expenses incurred as a result of any proceedings against him as to which he could be indemnified.

Item 8.01 Other Events

The information provided pursuant to this Item 8.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any filing or other document filed by HomeStreet, Inc. pursuant to the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document. The information provided pursuant to this Item 8.01 shall instead be deemed “furnished.”

A copy of the press release announcing the appointment of Mr. Chrisman to the Boards of Directors of the Company and the Bank as described in Item 5.02 above is attached as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit 99.1HomeStreet, Inc. press release announcing the appointment of Timothy R. Chrisman to the board of directors of the Company and the Bank.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 22, 2014.

HomeStreet, Inc.
By:	/s/ Godfrey B. Evans
	Godfrey B. Evans
	Executive Vice President, Chief Administrative
	Officer, General Counsel and Corporate
	Secretary

EX-99.1

HomeStreet Appoints Financial Services Veteran Timothy Chrisman to Board of Directors

SEATTLE - July 21, 2014 - HomeStreet, Inc. (NASDAQ:HMST) (the “Company” or “HomeStreet”), the parent company of HomeStreet Bank (the “Bank”), has appointed Timothy R. Chrisman to fill a newly created vacancy on the board of directors of the Company. In addition, the board of directors of the Bank appointed Mr. Chrisman to fill an existing vacancy on its board. Chrisman is the founding partner and chief executive officer of Chrisman & Company, a Los Angeles-based executive search firm focusing on senior executive staff and directors for the financial services industry.

Chrisman is immediate past-chairman of BANC of California, Inc. (NASDAQ: BANC) and has served as a director and chairman of the board of several other institutions. He recently completed a 10-year term as a director of the board of the Federal Home Loan Bank of San Francisco, eight years as chairman of the board. Chrisman also served for more than 20 years as a national director and vice chairman of Operation HOPE, a nonprofit social investment bank and a national provider of financial literacy and economic empowerment programs. Since 2008, he has been a senior advisor to the investment banking firm, FIG Partners LLC.

“Chrisman is a highly qualified individual with an extensive background in all aspects of the financial services industry,” said HomeStreet CEO Mark K. Mason. “His leadership and experience span more than four decades, and we are fortunate to add his strengths and expertise to our Company.”

Chrisman will serve on the Human Resources and Corporate Governance (HRGC) Committees of the Company and the Bank and the Finance Committee of the Bank. 

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About HomeStreet, Inc.

HomeStreet, Inc. (NASDAQ:HMST) is a diversified financial services company headquartered in Seattle, Washington, and the holding company for HomeStreet Bank, a state-chartered, FDIC-insured savings bank. HomeStreet Bank offers consumer and business banking, mortgage lending, commercial real estate and residential construction financing, private banking, investment and insurance products and services in the Western United States and Hawaii. Certain information about our business can be found on our investor relations web site, located at http://ir.homestreet.com.

HomeStreet, Inc.

Terri Silver, VP, Investor Relations & Corporate Communications

206-389-6306

terri.silver@homestreet.com

http://ir.homestreet.com