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1st Security Bank Announces Omeed Salashoor as new Director of Home Lending

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1st Security Bank (NASDAQ: FSBW) announced on December 23, 2025 that Omeed Salashoor has joined the bank as Senior Vice President, Director of Home Lending. Salashoor brings over 35 years of mortgage-banking leadership and most recently served as Producing Branch Sales Manager for CMG Home Loans in Bellevue, Washington.

The appointment emphasizes the bank's community-focused mortgage strategy; 1st Security operates 27 branches across Washington and Oregon and offers mortgage services at each branch. Salashoor volunteers locally with the Salvation Army and a summer day camp.

For more information, visit www.fsbwa.com.

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News Market Reaction 1 Alert

-0.35% News Effect

On the day this news was published, FSBW declined 0.35%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MOUNTLAKE TERRACE, Wash., Dec. 23, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announces Omeed Salashoor’s appointment as Senior Vice President, Director of Home Lending.

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1st Security Bank is pleased to announce that Omeed Salashoor has joined the Bank as its SVP, Director of Home Lending. Omeed brings over 35 years of leadership in mortgage banking, having created and led high-performing lending organizations across multiple markets. Most recently, he served as Producing Branch Sales Manager for CMG Home Loans in Bellevue, Washington.

“With his community and customer focus on long standing relationships, Omeed is the perfect fit for our Bank,” said Donn Costa, Chief Home Lending Officer, EVP.

Omeed began his mortgage banking career working at a company he started in Kirkland, Washington. Throughout his career, he has been driven by a passion for helping individuals and families achieve homeownership and long-term financial security. “I am excited to join a bank that puts people first,” said Salashoor. “1st Security’s commitment to community banking and responsible home lending aligns perfectly with my values and the way I’ve built my career.”

In his free time, Omeed volunteers with the Salvation Army in the Crossroads Bellevue neighborhood and helps out at a summer day camp for local children.

About 1st Security Bank of Washington
1st Security Bank, member FDIC and Equal Housing Lender, provides loan and deposit services to customers at its twenty-seven branches across Washington and Oregon, with mortgage services at each branch as well as lending offices in the Pacific Northwest. For more information visit 1st Security Bank’s website at www.fsbwa.com.

Note Regarding Forward Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may," "expected," "anticipate", "continue," or other comparable words. In addition, all statements other than statements of historical facts that address activities that 1st Security expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to review the Securities and Exchange Commission reports of FS Bancorp, particularly its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management.

MEDIA CONTACT
Camberly Gilmartin
AVP, Marketing Manager, 1st Security Bank
camberly.gilmartin@fsbwa.com


FAQ

Who is Omeed Salashoor and what role did he take at 1st Security Bank (FSBW)?

Omeed Salashoor was appointed Senior Vice President, Director of Home Lending at 1st Security Bank on December 23, 2025.

What experience does Omeed Salashoor bring to 1st Security Bank (FSBW)?

He brings over 35 years of mortgage-banking experience and most recently served as Producing Branch Sales Manager for CMG Home Loans in Bellevue, Washington.

How many branches does 1st Security Bank (FSBW) operate and where are they located?

1st Security Bank operates 27 branches across Washington and Oregon, with mortgage services at each branch.

How might Omeed Salashoor's appointment affect 1st Security Bank's home lending operations?

The appointment signals a continued emphasis on community-focused mortgage lending and relationship-driven origination at the bank's branch network.

Where can investors or customers find more information about 1st Security Bank (FSBW)?

More information is available on the bank's website at www.fsbwa.com.
Fs Bancorp Inc

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Banks - Regional
Savings Institutions, Not Federally Chartered
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United States
MOUNTLAKE TERRACE