Susan Dumontet Joins 1st Security Bank as Director of Finance

1st Security Bank has appointed Susan Dumontet as its new Director of Finance.

Rhea-AI Summary

1st Security Bank has appointed Susan Dumontet as its new Director of Finance. With over 20 years of financial experience in the Pacific Northwest, she previously worked at Columbia Bank and the WA State Department of Financial Institutions. Susan brings expertise in risk management and capital planning, which is expected to enhance the bank's financial operations. She holds a BA in Business Finance and an MBA, along with certification as an ABA Certified Enterprise Risk Professional.

Positive

• Susan Dumontet brings over 20 years of experience in the financial sector.
• Her expertise in risk management is expected to strengthen the bank's finance team.
• Dumontet's previous roles include significant positions at Columbia Bank and WA State Department of Financial Institutions.

Negative

• None.

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MOUNTLAKE TERRACE, Wash., May 23, 2022 (GLOBE NEWSWIRE) -- 1st Security Bank is pleased to announce that Susan Dumontet has joined the Bank as its new Director of Finance.

Susan has over 20 years’ experience as a financial professional in the Pacific Northwest. She held a variety of positions in the WA State Department of Financial Institutions Division of Banks, including examiner, case manager, and Chief of Supervision. For the past three years she has worked for Columbia Bank in its Corporate Risk and Finance teams, advising on risk and performing capital planning/stress testing.

“We are excited to welcome Susan as Director of Finance with the 1st Security Finance team,” said Matt Mullet, Chief Financial Officer. “She has a wealth of expertise in the area of risk management, as well as strong leadership skills, which make her a valuable addition to the team.”

Susan holds a BA in Business Finance from UW’s Foster School of Business, and an MBA from Seattle University. She is also an ABA Certified Enterprise Risk Professional (CERP).

ABOUT 1ST SECURITY BANK OF WASHINGTON
1st Security Bank of Washington, member FDIC and Equal Housing Lender, provides loan and deposit services to customers at its twenty-one branches, and mortgage services at each branch as well as lending offices in the greater Puget Sound area, Vancouver and the Tri-Cities. FS Bancorp, Inc. (Ticker: FSBW), a Washington corporation, is the holding company for the Bank.

MEDIA CONTACT
Donna Jacobson
VP, Director of Marketing
1st Security Bank
E: donna.jacobson@fsbwa.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ced43eb4-538d-455c-b6b9-b976ab1665c3

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Susan Dumontet at 1st Security Bank?

Susan Dumontet is the newly appointed Director of Finance at 1st Security Bank.

What experience does Susan Dumontet have?

She has over 20 years of experience in finance, having worked at Columbia Bank and the WA State Department of Financial Institutions.

What qualifications does Susan Dumontet hold?

Susan holds a BA in Business Finance and an MBA, along with being an ABA Certified Enterprise Risk Professional.

What is the stock symbol for 1st Security Bank?

The stock symbol for 1st Security Bank is FSBW.