1st Security Bank Joins Kevin Richards as Senior Vice President, Commercial Lending Relationship Manager
October 13, 2021 at 09:00 am EDT
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1st Security Bank announced that Kevin Richards has joined the Bank's Commercial and Industrial Lending Team as a Senior Vice President, Commercial Lending Relationship Manager. Kevin will be based in Mountlake Terrace, WA, and is responsible for growing the Bank's C&I portfolio by providing excellent service and an extraordinary customer experience. He is a Board Member of the Tyee Sports Council for the University of Washington and serves as a Business Mentor for the Albers School of Business and Economics at Seattle University. Kevin has nearly 20 years of experience in the banking industry, including 12 years as a commercial lender.
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.
FS BANCORP, INC. 
