Forex
Federal Reserve Approves FS Bancorp-Pacific West Bancorp Merger
The Federal Reserve Board announced on August 4, 2026, that it had approved FS Bancorp, Inc.'s application to merge with Pacific West Bancorp and indirectly acquire Pacific West Bank. The proposed merger involves Mountlake Terrace-based FS Bancorp, Inc., and the Oregon-based Pacific West Bancorp and its subsidiary bank, Pacific West Bank.
The approval comes after the Federal Reserve Board reviewed the application, which was submitted in accordance with the Bank Holding Company Act of 1956.