Summary
Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various community banking products and services in the United States. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land development loans. In addition, it offers consumer loans comprising home equity lines of credit and second mortgage loans; and automobile loans, boat loans, motorcycle loans, recreational vehicle loans, savings account loans, and unsecured loans, as well as commercial business loans. The company operates 23 branches across located in Grays Harbor, Pierce, Thurston, Kitsap, King, and Lewis counties in Washington. Timberland Bancorp, Inc. was founded in 1915 and is based in Hoquiam, Washington.
History
In 1963, the commercial bank changed its name from The Hoquiam State Bank to The Bank of Grays Harbor to reflect the geographic expansion that had occurred, and in 1983 it became Timberland Bank. In 1996, the bank obtained a federal charter and in 1997 the current holding company, Timberland Bancorp, Inc. was established.
Mission
To provide superior financial services through personal service, sound practices and understanding our customers needs and helping them to reach their financial goals
Vision
To be the premier bank of choice for individuals and businesses throughout our community.
Key Team
Mr. Jonathan Arthur Fischer (Exec. VP, Sec. & COO)
Mr. Edward Colman Foster (Exec. VP & Chief Credit Administrator)
Ms. Marci A. Basich CPA (Sr. VP & Treasurer)
Mr. Clarence E. Hamre (Advisory Director)
Mr. Harold L. Warren (Advisory Director)
Mr. Richard Pifer (Regional Mang. of Community Lending)
Recognition and Awards
Several of the Bank’s executive officers have received awards, such as Andrew Zaro, who was a finalist in the Business Examiner ‘s Top Executives of the Year awards in both 2012 and 2013.,,Timberland Bank was one of the first Midwest banks to receive the Five-Star rating by Bauer Financial, Inc., and has consistently maintained this rating since the Bank became a rated institution in 1994.
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