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Overview
FS Bancorp is a financial holding company that operates through its subsidiary, 1st Security Bank of Washington. The company was founded in 1935 and is headquartered in Mountlake Terrace, Washington. 1st Security Bank of Washington is a state-chartered bank that provides a range of banking and financial services to individuals, small business owners, and commercial clients in the Pacific Northwest region. These services include personal and business checking and savings accounts, home and business loans, credit cards, and wealth management services. In addition to its banking services, FS Bancorp also offers insurance products and services through its subsidiary, 1st Security Insurance Services, Inc. This subsidiary provides personal and commercial insurance products such as auto, home, life, and business insurance. FS Bancorp is publicly traded on the NASDAQ stock exchange under the ticker symbol FSBW and is a member of the Russell 2000 index. The company prides itself on its community involvement and charitable giving, supporting various non-profit organizations and initiatives in the communities it serves. It also promotes diversity and inclusivity in its workforce and has a commitment to sustainability and environmental responsibility. In 2021, FS Bancorp was ranked #2 on Forbesβ list of Americaβs Best Banks in Washington State, and #5 in their list of Americaβs Best Midsize Employers.
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