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1st Security Bank Announces the Hiring of Lisa Cleary as the Bank’s Chief Operating Officer

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1st Security Bank of Washington has announced the appointment of Lisa Cleary as the new Chief Operating Officer. With over 20 years of experience in the banking industry, Cleary's previous roles include EVP and Chief Credit Officer at First Sound Bank. She holds a Bachelor’s degree in Business Administration from the University of Alaska Fairbanks and has completed prestigious banking programs. CEO Joe Adams praised Cleary’s managerial experience and cultural fit within the bank. This leadership change aims to strengthen the bank's operations and customer service capabilities.

Positive
  • Lisa Cleary brings over 20 years of banking experience, enhancing the bank's leadership.
  • Her prior role as EVP and Chief Credit Officer equips her to drive operational excellence.
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  • None.

MOUNTLAKE TERRACE, Wash., Oct. 13, 2020 (GLOBE NEWSWIRE) -- 1st Security Bank of Washington (“the Bank”) is pleased to announce that Lisa Cleary has accepted the position of Chief Operating Officer.

With over 20 years of banking and leadership experience, Ms. Cleary brings a high level of expertise and accomplishment to 1st Security Bank. After beginning her career in branch banking, she went on to hold a variety of key positions, such as AVP and Loan Operations Manager, VP and Small Business Administration Assistant Manager, and SVP and Credit Administrator at banks in the Puget Sound region. First Sound Bank appointed her EVP and Chief Credit Officer in 2017.

Ms. Cleary holds a Bachelor’s of Business Administration degree from the University of Alaska Fairbanks, with a specialty in management and organizations. Her other educational milestones include graduating top of her class in the 2009-2010 Washington Bankers Executive Development Program, and graduating with honors from the Pacific Coast Banking School in 2013. She has been an active member of the American Bankers Association Emerging Leaders Committee since 2018, and the Washington Bankers Emerging Leaders Committee since 2017.

“It is rare to find someone with Lisa’s breadth of banking and managerial experience,” says Joe Adams, the Bank’s CEO. “Lisa is also a perfect fit for our ‘Smart, Driven, Nice’ employee centric culture. We can’t wait to get her on board.”

Passionate about travel, Lisa took a year off to explore the world with her husband, visiting six continents and 15 countries. She has a deep interest in learning about different cultures, food and history. When not at work or traveling, she loves getting outdoors, especially hiking in the Pacific Northwest, and enjoys spending time with friends and family.

ABOUT 1ST SECURITY BANK OF WASHINGTON
1st Security Bank of Washington, member FDIC and Equal Housing Lender, provides loan and deposit services to customers at its 21 branches, and mortgage services at each branch as well as lending offices in the greater Puget Sound area and the Tri-Cities. FS Bancorp, Inc., (Nasdaq: FSBW) a Washington corporation, is the holding company for the bank.

MEDIA CONTACTS
Donna Jacobson
Director of Marketing, 1st Security Bank
P: 425.697.8086
E: donna.jacobson@fsbwa.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/33865578-02be-4c06-97f5-bead7d1244b5

FAQ

Who is the new Chief Operating Officer of FSBW?

Lisa Cleary has been appointed as the new Chief Operating Officer of 1st Security Bank of Washington (FSBW).

What experience does Lisa Cleary have in banking?

Lisa Cleary has over 20 years of banking experience, including key managerial roles in various institutions.

What are Lisa Cleary's educational qualifications?

Lisa Cleary holds a Bachelor's degree in Business Administration from the University of Alaska Fairbanks.

When was Lisa Cleary appointed as COO of FSBW?

Lisa Cleary was appointed as Chief Operating Officer of 1st Security Bank of Washington on October 13, 2020.

What is the significance of Lisa Cleary's appointment for FSBW?

Her extensive banking experience and leadership skills are expected to strengthen the bank's operations and customer service.

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Banks - Regional
Savings Institutions, Not Federally Chartered
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United States of America
MOUNTLAKE TERRACE