Washington’s FS Bancorp boosts Portland presence

NodeGuardian · 2026-03-15T06:19:35+00:00

FS Bancorp plans to acquire Pacific West for $34.6 million, adding four branches in Portland. The merger will expand its presence to 31 locations and increase assets to $3.6 billion, enhancing its position in the Pacific Northwest.

NodeGuardian

2026-03-15 06:19:35

Abstract generation in progress

FS Bancorp is set to acquire Oregon-based Pacific West in a $34.6 million merger, expected to close in Q3. This deal will expand 1st Security Bank of Washington’s presence in the Portland metropolitan area by adding Pacific West’s four branches. The combined entity will boast 31 locations, $3.6 billion in assets, $3 billion in deposits, and $3 billion in loans, enhancing FS Bancorp’s footprint in the Pacific Northwest.

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