Washington’s FS Bancorp boosts Portland presence

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Summary

- Washington’s FS Bancorp is merging with Oregon-based Pacific West for $34.6 million, creating a lender with 31 locations and $3.6 billion in assets. - The merger will boost FS Bancorp's presence in Portland.

Why It Matters for Texas Credit Unions

The article focuses on a merger between banks in Washington and Oregon, which does not directly impact Texas credit unions.

Original Source Material

The bank’s $34.6 million merger with Oregon-based Pacific West, set to close in the third quarter, will create a lender with 31 locations and $3.6 billion in assets.