1st Security Bank-backed FS Bancorp to merge with Pacific West Bancorp in a $34.6m deal.

1st Security Bank-backed FS Bancorp, a provider of banking products and services for businesses, non-profit organizations, and individuals, agreed to merge with Pacific West Bancorp, a commercial/regional bank offering business and consumer banking services, in a $34.6m deal. “We are excited to join FS Bancorp, a company that shares our commitment to relationship banking and community engagement. This merger provides Pacific West with access to broader capital resources, enhanced technology, and a wider suite of products and services that will benefit our customers, employees, and the communities we serve,” Jason Wessling, Pacific West President and CEO.