FS Bancorp, Inc. and 1st Security Bank Announce the Promotion of Phillip Whittington to Chief Financial Officer
FS Bancorp (NASDAQ: FSBW) has announced the promotion of Phillip Whittington to Chief Financial Officer of both the holding company and its subsidiary 1st Security Bank of Washington, effective May 1, 2025. Whittington, who has served as the Bank's Controller since January 2020, will succeed Matthew D. Mullet, who will continue his role as President for both entities.
Prior to joining 1st Security Bank, Whittington worked as a manager at Elliott Davis accounting firm in Columbia, South Carolina. He is a Certified Public Accountant with a Bachelor of Science in Accounting from the College of Charleston and a Master of Accountancy from the University of South Carolina.
FS Bancorp (NASDAQ: FSBW) ha annunciato la promozione di Phillip Whittington a Chief Financial Officer sia della holding che della sua controllata 1st Security Bank of Washington, con effetto dal 1 maggio 2025. Whittington, che ha ricoperto il ruolo di Controller della Banca da gennaio 2020, succederà a Matthew D. Mullet, che continuerà a svolgere il suo ruolo di Presidente per entrambe le entità.
Prima di unirsi a 1st Security Bank, Whittington ha lavorato come manager presso la società di contabilità Elliott Davis a Columbia, Carolina del Sud. È un Dottore Commercialista con una Laurea in Scienze Economiche presso il College of Charleston e un Master in Contabilità presso l'Università della Carolina del Sud.
FS Bancorp (NASDAQ: FSBW) ha anunciado la promoción de Phillip Whittington como Director Financiero tanto de la empresa matriz como de su filial 1st Security Bank of Washington, con efecto a partir del 1 de mayo de 2025. Whittington, quien ha sido el Controlador del Banco desde enero de 2020, sucederá a Matthew D. Mullet, quien continuará en su rol de Presidente para ambas entidades.
Antes de unirse a 1st Security Bank, Whittington trabajó como gerente en la firma de contabilidad Elliott Davis en Columbia, Carolina del Sur. Es Contador Público Certificado con una Licenciatura en Ciencias en Contabilidad del College of Charleston y una Maestría en Contabilidad de la Universidad de Carolina del Sur.
FS Bancorp (NASDAQ: FSBW)는 Phillip Whittington을 모회사와 자회사인 1st Security Bank of Washington의 최고 재무 책임자로 승진시키는 것을 발표했습니다. 이는 2025년 5월 1일부터 효력이 발생합니다. Whittington은 2020년 1월부터 은행의 컨트롤러로 재직해 왔으며, Matthew D. Mullet의 후임으로 임명됩니다. Mullet는 두 기관의 사장직을 계속 수행할 예정입니다.
1st Security Bank에 합류하기 전, Whittington은 사우스캐롤라이나주 콜럼비아에 있는 회계법인 Elliott Davis에서 매니저로 근무했습니다. 그는 찰스턴 대학교에서 회계학 학사 학위를, 사우스캐롤라이나 대학교에서 회계학 석사 학위를 취득한 공인회계사입니다.
FS Bancorp (NASDAQ: FSBW) a annoncé la promotion de Phillip Whittington au poste de Directeur Financier de la société mère et de sa filiale 1st Security Bank of Washington, à compter du 1er mai 2025. Whittington, qui a été le Contrôleur de la Banque depuis janvier 2020, succédera à Matthew D. Mullet, qui continuera son rôle de Président pour les deux entités.
Avant de rejoindre 1st Security Bank, Whittington a travaillé comme manager chez le cabinet comptable Elliott Davis à Columbia, Caroline du Sud. Il est Expert-Comptable Agréé avec un Bachelor of Science en Comptabilité du College of Charleston et un Master en Comptabilité de l'Université de Caroline du Sud.
FS Bancorp (NASDAQ: FSBW) hat die Beförderung von Phillip Whittington zum Chief Financial Officer sowohl der Holdinggesellschaft als auch ihrer Tochtergesellschaft 1st Security Bank of Washington bekannt gegeben, die am 1. Mai 2025 in Kraft tritt. Whittington, der seit Januar 2020 als Controller der Bank tätig ist, wird Matthew D. Mullet nachfolgen, der seine Rolle als Präsident beider Unternehmen weiterhin ausüben wird.
Vor seinem Eintritt bei 1st Security Bank arbeitete Whittington als Manager bei der Buchhaltungsfirma Elliott Davis in Columbia, South Carolina. Er ist ein Wirtschaftsprüfer mit einem Bachelor of Science in Buchhaltung vom College of Charleston und einem Master of Accountancy von der University of South Carolina.
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MOUNTLAKE TERRACE, Wash., April 01, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (“Company”) (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security Bank” or “Bank”) announced today that it has named Phillip Whittington as Chief Financial Officer of both the Bank and the Company effective May 1, 2025. Matthew D. Mullet, who previously served as Chief Financial Officer and President will continue to serve as the President for both the Company and the Bank.
“We are delighted to announce Phil’s promotion to Chief Financial Officer,” said Joe Adams the Bank’s CEO. “I am confident his knowledge of the Bank’s accounting, treasury management and financial reporting requirements makes him the ideal person for this position.”
Phillip Whittington has served as the Controller of the Bank since January 2020. Prior to joining 1st Security Bank, he was as a manager at the accounting firm of Elliott Davis located in Columbia, South Carolina. Mr. Whittington, a Certified Public Accountant, received his Bachelor of Science in Accounting from the College of Charleston and his Master of Accountancy from the University of South Carolina.
About 1st Security Bank of Washington
1st Security Bank offers a range of loan and deposit services primarily to small- and middle-market businesses and individuals in Washington and Oregon. It operates through twenty-seven Bank branches, and one headquarters office that provide loan and deposit services, and loan production offices in various suburban communities in the greater Puget Sound area, the Kennewick-Pasco-Richland metropolitan area of Washington, also known as the Tri-Cities, and in Vancouver, Washington. Additionally, the Bank services home mortgage customers throughout the Northwest predominantly in Washington State including Puget Sound, Tri-Cities and Vancouver.
Note Regarding Forward Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may," "expected," "anticipate", "continue," or other comparable words. In addition, all statements other than statements of historical facts that address activities that 1st Security expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the Securities and Exchange Commission reports of FS Bancorp, particularly its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management.
Contacts:
Joseph C. Adams
Chief Executive Officer
Matthew D. Mullet
President and Chief Financial Officer
(425) 771-5299
www.FSBWA.com
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