01:07 PM EDT, 08/15/2025 (MT Newswires) -- FS Bancorp ( FSBW ) said Friday it named Matthew Mullet president and chief executive officer of 1st Security Bank of Washington, starting Sept. 1. FS Bancorp ( FSBW ) is the holding company for 1st Security Bank.

Mullet will succeed Joseph Adams, who will continue to serve as CEO of FS Bancorp ( FSBW ) until May 2026, according to a statement.

Mullet will also continue to serve as president of FS Bancorp ( FSBW ), the company said.

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