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FS Bancorp appoints Matt Mullet as CEO of 1st Security Bank

FS Bancorp (FSBW) named Matthew Mullet President and CEO of 1st Security Bank, effective September 1, 2025. Joseph Adams, who has served as CEO of the Bank since 2004, will be retiring from that position, effective September 1, 2025. Matt Mullet has served as President of 1st Security Bank and of FS Bancorp, Inc. since July 2024 and will also continue in those roles. Joe Adams, who is retiring as CEO of the Bank on September 1, 2025, will continue to serve as CEO of FS Bancorp, a position he has held since 2012.

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