Miss HomeStreet Hydroplane Wins the 2022 Bill Muncey Cup and Sets Another Speed Record

In the fifth and final unlimited hydroplane race of the season, Miss HomeStreet and championship driver, Jimmy Shane, won the Bill Muncey Cup on Sunday, September 18, 2022, in San Diego, California. Over the weekend, Shane set a new course qualifying record, driving Miss HomeStreet to an average speed of 165.636 mph. This is the fastest mark on Mission Bay since 2011, beating the previous average speed of 164.759 mph Dave Villwock. Shane entered the Bayfair event as the winner of the 2022 H1 Unlimited Indiana Governor's Cup, held in early July in Madison, Indiana. Shane also took the Columbia Cup Championship, held in Tri-Cities, Washington. The Miss HomeStreet team also won the distinction of the 2022 National High Point Champions for the sport.

"Winning the Bill Muncey Cup in front of the amazing crowd on the shores of Mission Bay Park is a rewarding experience," said Miss HomeStreet driver, Jimmy Shane. "This boat is the fastest in the world and it's an honor to drive it for our sponsor, HomeStreet Bank."

"Jimmy and the entire Miss Madison racing team put on a great race here in San Diego this weekend and we are proud of their win," said HomeStreet Bank CEO and President, Mark K. Mason. "Hydroplane fans have a love affair with these boats and as a community bank serving the residents and businesses of San Diego, we're delighted to be the presenting sponsor of such a special event."

You can follow Miss HomeStreet's activities on HomeStreet Bank's Facebook and Twitter, and via the H-1 Unlimited racing team's website.

About HomeStreet, Inc.

HomeStreet, Inc. HMST (the "Company") 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, and insurance services. Its principal subsidiaries are HomeStreet Bank and HomeStreet Capital Corporation. HomeStreet Bank is the winner of the 2022 "Best Small Bank" in Washington Newsweek magazine award. Visit www.homestreet.com or our investor relations website at http://ir.homestreet.com to learn more.

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