Fed Approves FS Bancorp Deal for Pacific West Bancorp

• The Federal Reserve Board approved an application by FS Bancorp, Inc..
• FS Bancorp, Inc. is acquiring Pacific West Bancorp.
• FS Bancorp, Inc. will indirectly acquire Pacific West Bank as part of the transaction.
• The Federal Reserve Board's announcement was released on August 04, 2026 at 4:30 p.m. EDT.

Fed Clears FS Bancorp's Acquisition

The Federal Reserve Board announced the approval of an application filed by FS Bancorp, Inc.. The application covered FS Bancorp's proposed acquisition of Pacific West Bancorp. As part of the same transaction, FS Bancorp will indirectly acquire Pacific West Bancorp's subsidiary, Pacific West Bank.

Fed Approves FS Bancorp Deal for Pacific West Bancorp

Company Locations

FS Bancorp, Inc. is headquartered in Mountlake Terrace, Washington. Pacific West Bancorp is headquartered in West Linn, Oregon. Pacific West Bank, the subsidiary being indirectly acquired, is also headquartered in West Linn, Oregon.

Announcement Details

The Federal Reserve Board's announcement was released on August 04, 2026. The release was issued at 4:30 p.m. EDT.

Media Contact

Inquiries regarding the announcement can be directed to the Federal Reserve Board's media contact by phone at (202) 452-2955. The Board also listed a media contact email address, [email protected], in connection with the release.

• Federal Reserve Board approved FS Bancorp, Inc.'s application.
• FS Bancorp, Inc. is acquiring Pacific West Bancorp.
• FS Bancorp, Inc. will indirectly acquire Pacific West Bank.
• FS Bancorp, Inc. is headquartered in Mountlake Terrace, Washington.
• Pacific West Bancorp and Pacific West Bank are both headquartered in West Linn, Oregon.