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): June 29, 2006


                               FirstBank NW Corp.
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             (Exact name of registrant as specified in its charter)


        Washington                    0-22435                    84-1389562
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State or other jurisdiction          Commission               (I.R.S. Employer
     of incorporation                File Number             Identification No.)



1300 16th Avenue, Clarkston, Washington                                99403
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(Address of principal executive offices)                            (Zip Code)


Registrant's telephone number (including area code)  (509) 295-5100

                                       N/A
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)

         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

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act

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

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


Item 8.01 Other Events.
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         On June 29, 2006, FirstBank NW Corp. announced that its Board of
Directors has declared a quarterly cash dividend of $0.10 per share of its
common stock. A copy of the press release is attached hereto as Exhibit 99.1,
and is incorporated herein by reference.


Item 9.01  Financial Statements and Exhibits
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         (c) Exhibit 99.1  FirstBank NW Corp. press release dated June 29, 2006.






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                                   SIGNATURES
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         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.

                                       FIRSTBANK NW CORP.



Date: June 29, 2006                    By: /s/ CLYDE E. CONKLIN
                                           -------------------------------------
                                           Clyde E. Conklin
                                           President and Chief Executive Officer