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1st Security Bank announces the promotion of Robert Nesbitt to the position of Commercial Lending Team Leader

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1st Security Bank has promoted Robert Nesbitt to Senior Vice President, Commercial Lending Team Leader, based in Mountlake Terrace, Washington. This strategic move comes as a response to the Bank's rapid client growth, largely attributed to Nesbitt's leadership in commercial lending. With over 20 years in the banking sector, including 15 in commercial lending, he will oversee the Bank's commercial lending relationship managers to enhance the Commercial and Industrial lending portfolio. This promotion underscores the Bank's commitment to client service and business growth.

Positive
  • Promotion of Robert Nesbitt highlights the bank's focus on leadership and growth.
  • Nesbitt's experience is expected to further enhance the commercial lending portfolio.
Negative
  • None.

MOUNTLAKE TERRACE, Wash., Oct. 20, 2020 /PRNewswire/ -- 1st Security Bank announces that Robert Nesbitt has been promoted to the position of Senior Vice President, Commercial Lending Team Leader.  Robert, who is based at the Bank's commercial lending offices in Mountlake Terrace, Washington, will be overseeing a group of commercial lending relationship managers and administering the continued growth of the Commercial and Industrial lending portfolio.

"1st Security Bank has seen rapid growth in the number of clients who have chosen to entrust the Bank with their full business banking relationship, largely due to Robert's efforts," says Dennis O'Leary, Chief Lending Officer. "With this continued growth, it was critical that the Bank promote an individual like Robert to the position of commercial lending team leader with the talent, leadership abilities and the dedication to client service that he embodies."

Nesbitt joined 1st Security Bank in 2017 and has over 20 years' experience in the banking industry, 15 years in commercial lending.  Areas of expertise include middle-market and business banking C&I lending and deposits, as well as commercial real estate loans.   A graduate of the University of Tennessee with a Bachelor of Arts in History, he earned his Master's degree in Business from the University of Chicago. 

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 CONTACT:
Donna Jacobson
Director of Marketing, 1st Security Bank
E: donna.jacobson@fsbwa.com

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SOURCE 1st Security Bank

FAQ

Who was promoted at 1st Security Bank on October 20, 2020?

Robert Nesbitt was promoted to Senior Vice President, Commercial Lending Team Leader.

What position does Robert Nesbitt hold at 1st Security Bank?

Robert Nesbitt is the Senior Vice President, Commercial Lending Team Leader.

Where is Robert Nesbitt's office located?

Nesbitt is based at the bank's commercial lending offices in Mountlake Terrace, Washington.

What is the experience of Robert Nesbitt in banking?

Robert Nesbitt has over 20 years of experience in the banking industry, including 15 years in commercial lending.

What company does FS Bancorp, Inc. represent?

FS Bancorp, Inc. is the holding company for 1st Security Bank.

What does the promotion of Robert Nesbitt indicate for 1st Security Bank?

It indicates the bank's commitment to leadership and growth in their commercial lending sector.

FS Bancorp, Inc.

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