September 24, 2018

VIA EDGAR

Division of Corporate Finance

Securities and Exchange Commission

100 F Street N.E.

Washington, D.C. 20549-6010

Attn: Eric Envall

Re:

FS Bancorp, Inc., Mountlake Terrace, Washington
Registration Statement on Form S-4, as amended (File No. 333-227224)
Request for Acceleration of Effectiveness

Ladies and Gentlemen:

Pursuant to Rule 461 of Regulation C of the Securities Act of 1933, as amended, FS Bancorp, Inc. (the "Company") hereby requests acceleration of the effective date of the above-referenced Registration Statement to 1:00 p.m. Eastern Daylight Time on Wednesday, September 26, 2018, or as soon as practicable thereafter.

The Company requests that it be notified of the effectiveness of the Registration Statement by telephone call to its outside counsel Glen P. Garrison at (206) 224-7573.

	Very truly yours,

	/s/Joseph C. Adams

	Joseph C. Adams
	Chief Executive Officer

cc: Glen P. Garrison, Keller Rohrback L.L.P.