1st Security Bank of Washington has named Ben Crowl to succeed Dennis O'Leary as Chief Lending Officer (CLO), effective July 1, 2023. Crowl currently serves as
Senior Vice President, Director of Consumer Lending. He previously served the Bank as Senior Vice President, Commercial Lending Team Lead. Ben joined the Bank in 2018 and has more than 15 years of diverse experience in the banking industry, including many years as a commercial lender, team lead, and relationship manager. After beginning his career as a college intern at a local community bank in La Jolla, California, Ben found a passion for business banking and serving businesses and consumers alike. Ben currently serves on the Bank's Asset/Liability, Asset Quality and Marketing committees. Ben also holds a Bachelor of Science in Business Administration from Northern Arizona University with a specialty in marketing and advertising. He is an honors graduate of Pacific Coast Banking School, a graduate school for banking held
at the University of Washington. Ben has an Executive Leadership Certificate in Organizational Leadership from the University of Washington's Michael G. Foster School of Business.
FS Bancorp, Inc. is the holding company for 1st Security Bank of Washington (the Bank). The Bank provides loan and deposit services to customers who are predominantly small- and middle-market businesses and individuals in Washington and Oregon. The Bank has two segments: commercial and consumer banking and home lending. The commercial and consumer banking segment provides diversified financial products and services to its commercial and consumer customers through the Bank branches, online banking platforms, mobile banking apps, and telephone banking. These products and services include deposit products, residential, consumer, business and commercial real estate lending portfolios, and cash management services. The home lending segment originates one-to-four-family residential mortgage loans primarily for sale in the secondary markets, as well as loans held for investment. A majority of these mortgage loans are sold to or securitized by FNMA, FHLMC, GNMA or the FHLB of Des Moines.