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FSBW - FS Bancorp, Inc. ()

Overview

Company Summary


FS Bancorp, Inc. (FSBW) is a financial holding company that operates primarily through its subsidiary, 1st Security Bank of Washington. The company provides a wide range of banking and financial services to businesses and individuals in the state of Washington, with a focus on serving small to middle-market businesses.

1st Security Bank offers various deposit products, including checking and savings accounts, money market accounts, and certificates of deposits. Additionally, it provides lending services, such as commercial and industrial loans, commercial real estate loans, construction and land development loans, residential real estate loans, and consumer loans.

FS Bancorp also offers wealth management services through its subsidiary, 1st Security Bank Wealth Management. This includes investment advisory services, retirement planning, estate planning, and trust services.

Furthermore, the company operates a mortgage banking division, known as 1st Security Bank Home Lending, which offers residential mortgage loans to homebuyers and homeowners.

As a financial holding company, FS Bancorp's primary role is to oversee its subsidiary, ensuring regulatory compliance, managing risk, and providing strategic guidance to ensure the overall success and growth of the organization.

Overall, FS Bancorp, Inc. focuses on providing comprehensive banking and financial services, tailored to the needs of its customers, while also maintaining a strong commitment to the communities it serves.

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