FS Bancorp, Inc. Appoints Terri L. Degner to Board of Directors

MOUNTLAKE TERRACE, Wash., Oct. 01, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ:FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”), today announced that Terri L. Degner has been appointed to the Board of Directors of the Company.

The Company’s Nominating & ESG Committee proposed, and the Board of Directors ratified and approved, the appointment of Ms. Degner to the Board of Directors. Her appointment to the Board of Directors was effective September 30, 2024.

“We are pleased to welcome Terri to our Board of Directors,” said Joe Adams, Chief Executive Officer. “Her extensive banking background coupled with her in depth knowledge of the Bank and Company will add tremendous value to the Board.”   

Ms. Degner was the Executive Vice President, Chief Financial Officer, Treasurer at Anchor Bank until they were acquired by 1st Security Bank in November 2018. She continued to work with the Bank as a Consultant working on the Anchor transition as well as other projects. Ms. Degner graduated cum laude from St. Martins College in 1998 with the Bachelor of Arts Degree in Accounting. In 2000 she graduated with honors from Pacific Coast Banking School at the University of Washington.

About FS Bancorp

FS Bancorp, Inc., a Washington corporation, is the holding company for 1st Security Bank of Washington. The Bank provides loan and deposit services to customers who are predominantly small- and middle-market businesses and individuals in Washington and Oregon through its 27 bank branches, one headquarters office that produces loans and accepts deposits, and loan production offices in various suburban communities in the greater Puget Sound area, the Kennewick-Pasco-Richland metropolitan area of Washington, also known as the Tri-Cities, and in Vancouver, Washington. The Bank services home mortgage customers throughout the Northwest predominately in Washington State including the Puget Sound, Tri-Cities and Vancouver home lending markets.

Forward Looking Statements:

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