We propose a two-fold approach to model reduction of fluid-structure interaction. The state equations for the fluid are solved with reduced basis methods. These are model reduction methods for parametric partial differential equations using well-chosen snapshot solutions in order to build a set of global basis functions. The other reduction is in terms of the geometric complexity of the moving fluidstructure interface. We use free-form deformations to parameterize the perturbation of the flow channel at rest configuration. As a computational example we consider a steady fluid-structure interaction problem: an incompressible Stokes flow in a channel that has a flexible wall.