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1st Security Bank Announces the Promotion of May-Ling Sowell, effective July 1, 2025

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FS Bancorp (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington, has announced the promotion of May-Ling Sowell to the position of Chief Compliance Officer, SVP, effective July 1, 2025.

Sowell, who joined the bank as Compliance Officer in 2006, brings over three decades of banking experience and holds a Certified Regulatory Compliance Manager designation obtained in 2012. In her new role, she will lead the bank's regulatory compliance system, security, and internal compliance training teams.

1st Security Bank currently operates 27 branches across Washington and Oregon, offering loan and deposit services, with mortgage services available at all locations.

FS Bancorp (NASDAQ: FSBW), la società madre di 1st Security Bank of Washington, ha annunciato la promozione di May-Ling Sowell a Chief Compliance Officer, SVP, a partire dal 1° luglio 2025.

Sowell, entrata in banca come Compliance Officer nel 2006, vanta oltre trent'anni di esperienza bancaria e possiede la qualifica di Certified Regulatory Compliance Manager ottenuta nel 2012. Nel suo nuovo ruolo guiderà il sistema di conformità normativa della banca, la sicurezza e i team di formazione interna sulla conformità.

1st Security Bank gestisce attualmente 27 filiali tra Washington e Oregon, offrendo servizi di prestito e deposito, con servizi ipotecari disponibili in tutte le sedi.

FS Bancorp (NASDAQ: FSBW), la empresa matriz de 1st Security Bank of Washington, ha anunciado el ascenso de May-Ling Sowell al cargo de Chief Compliance Officer, SVP, con efecto a partir del 1 de julio de 2025.

Sowell, quien se unió al banco como Oficial de Cumplimiento en 2006, aporta más de treinta años de experiencia bancaria y cuenta con la certificación de Certified Regulatory Compliance Manager obtenida en 2012. En su nuevo puesto liderará el sistema de cumplimiento regulatorio del banco, la seguridad y los equipos de formación interna en cumplimiento.

1st Security Bank opera actualmente 27 sucursales en Washington y Oregón, ofreciendo servicios de préstamos y depósitos, con servicios hipotecarios disponibles en todas las ubicaciones.

FS Bancorp (NASDAQ: FSBW)은 1st Security Bank of Washington의 지주회사로, May-Ling Sowell을 2025년 7월 1일부로 Chief Compliance Officer, SVP로 승진시켰다고 발표했습니다.

2006년에 컴플라이언스 담당자로 은행에 합류한 Sowell은 30년 이상의 은행 경력을 보유하고 있으며 2012년에 취득한 Certified Regulatory Compliance Manager 자격증을 갖고 있습니다. 새 역할에서는 은행의 규제 준수 시스템, 보안 및 내부 준수 교육 팀을 이끌게 됩니다.

1st Security Bank는 현재 워싱턴과 오리건에 27개 지점을 운영하며 대출 및 예금 서비스를 제공하고, 모든 지점에서 모기지 서비스도 이용할 수 있습니다.

FS Bancorp (NASDAQ : FSBW), la société holding de 1st Security Bank of Washington, a annoncé la promotion de May-Ling Sowell au poste de Chief Compliance Officer, SVP, à compter du 1er juillet 2025.

Sowell, qui a rejoint la banque en tant que responsable conformité en 2006, possède plus de trente ans d'expérience bancaire et détient la certification Certified Regulatory Compliance Manager obtenue en 2012. Dans son nouveau rôle, elle dirigera le système de conformité réglementaire de la banque, la sécurité et les équipes de formation interne à la conformité.

1st Security Bank exploite actuellement 27 agences dans l'État de Washington et l'Oregon, offrant des services de prêt et de dépôt, avec des services hypothécaires disponibles dans tous les établissements.

FS Bancorp (NASDAQ: FSBW), die Muttergesellschaft der 1st Security Bank of Washington, hat die Beförderung von May-Ling Sowell zur Position des Chief Compliance Officer, SVP mit Wirkung zum 1. Juli 2025 bekannt gegeben.

Sowell, die 2006 als Compliance Officer zur Bank kam, bringt über drei Jahrzehnte Bankerfahrung mit und besitzt seit 2012 die Zertifizierung als Certified Regulatory Compliance Manager. In ihrer neuen Rolle wird sie das regulatorische Compliance-System der Bank, die Sicherheit und die internen Compliance-Schulungsteams leiten.

Die 1st Security Bank betreibt derzeit 27 Filialen in Washington und Oregon und bietet Kredit- und Einlagendienstleistungen an, wobei Hypothekendienstleistungen an allen Standorten verfügbar sind.

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MOUNTLAKE TERRACE, Wash., July 21, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced the promotion of May-Ling Sowell to the position of Chief Compliance Officer, SVP.

Chief Compliance Officer, SVP

May-Ling became 1st Security Bank’s Compliance Officer in November 2006 after previously working for the Bank as a private consultant. Her career in banking spans over three decades and in 2012 she obtained her Certified Regulatory Compliance Manager designation.

Prior to joining the Bank, she held similar positions with several local community banks and spent two years operating her own consulting business. In her new role, May-Ling is responsible for and leads a team of employees who support the Bank’s regulatory compliance system, security, and internal compliance training.

When not at her desk, you’ll find May-Ling reading a mystery novel or camping with her family. She also enjoys spending lots of time with her grandchildren.

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a10de675-7beb-4756-a99d-b326f5c9398a


FAQ

Who is May-Ling Sowell and what is her new role at FS Bancorp (NASDAQ: FSBW)?

May-Ling Sowell has been promoted to Chief Compliance Officer, SVP at 1st Security Bank. She has been with the bank since 2006 and brings over three decades of banking experience.

When will May-Ling Sowell assume her new position at FS Bancorp (NASDAQ: FSBW)?

May-Ling Sowell will assume her new position as Chief Compliance Officer, SVP effective July 1, 2025.

What are May-Ling Sowell's responsibilities as Chief Compliance Officer at FS Bancorp?

As Chief Compliance Officer, she leads teams responsible for the bank's regulatory compliance system, security, and internal compliance training.

How many branches does 1st Security Bank currently operate?

1st Security Bank operates 27 branches across Washington and Oregon, offering loan and deposit services with mortgage services at each location.
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Banks - Regional
Savings Institutions, Not Federally Chartered
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United States
MOUNTLAKE TERRACE