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Timberland Bank

FDIC #28453 πŸ“ Hoquiam, Washington

Timberland Bank is a commercial bank (si) established in 01/01/1915. With assets of $1.84 Billion, it operates 23 domestic branches.

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Customer Reviews

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Based on 2 ratings

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Reviews are moderated before posting. No profanity or personal attacks.
β˜…β˜…β˜…β˜…β˜… Betty F
September 08, 2022

Daughter went into timberland bank to see if she could [-] a check there [-] teller was going to [-] it and stamped it for deposit then [-] noticed it was for a larger amount then [-] thought and [-] [-] couldn’t to it. So we went to key bank they won’t [-] it because of stamp so now [-] check is worthless and your bank won’t own up to there mistake and [-] [-] check .there is very bad [-] in [-] eyes so someone that is in dyer need of money and you made it even more stressful for [-] daughter to get it. Thanks so much I’ll spread [-] would on [-] great your bank employees are.there solution is to get another check well I’m [-] no one’s life was on [-] [-] waiting for [-] money

β˜…β˜†β˜†β˜†β˜† Danielle
June 04, 2021

[-] [-] account makes it impossible to [-] [-]. [-] fraud settings are too much. I cannot make purchases from companies I purchase through monthly without it being denied, and then having to wait for [-] text from TImberland asking if I made [-] purchase, and then I have to put [-] information in again to purchase [-] item. A purchase that should take [-] two seconds takes [-] 15 minutes or more because of [-] antiquated fraud protection service. [-] website renewal was blocked causing [-] website to [-] down, and cost [-] money. When I cannot use [-] [-] account to make everyday purchases for [-] [-] it is a major problem. I [-] be closing [-] account. It's a shame because I really enjoy [-] people who work at your Montesano branch. Your system needs improvement. Many businesses complain about your [-] accounts.

Community Reinvestment Act (CRA) Rating
Latest Exam: January 1, 2025
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.

Rating History

January 1, 2025
Satisfactory
August 1, 2021
Satisfactory
May 1, 2018
Satisfactory
November 1, 2014
Satisfactory
February 1, 2012
Satisfactory
January 5, 2009
Satisfactory
July 1, 2005
Satisfactory
January 1, 2004
Satisfactory
February 1, 2001
Satisfactory
January 1, 1999
Satisfactory
March 1, 1996
Satisfactory
October 1, 1994
Satisfactory
September 1, 1992
Satisfactory
πŸ’° Financial Strength
Total Assets$1.84 Billion
Total Deposits$1.56 Billion
Equity Capital$232.15 Million
Net Income$19.77 Million
πŸ“ˆ Performance
ROA1.45%
ROE11.63%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
πŸ“ž Contact & Location
Address624 Simpson Ave
Hoquiam, Washington 98550
πŸ“‹ Corporate Structure
Established01/01/1915
FDIC Cert28453
Holding CoTimberland Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
πŸ•°οΈ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 6:00 PM
Saturday9:00 AM - 12:30 PM
SundayClosed

πŸ“œ Institutional History

2018
Merger / Acquisition
Acquired: South Sound Bank
2004
Name Change
Name became: Changed Institution Name To Timberland Bank.
1999
Name Change
Name became: Changed Institution Name To Timberland Savings Bank, Ssb.
1998
Name Change
Name became: Changed Institution Name To Timberland Savings Bank, A Mutual Savings Bank.
1991
Name Change
Name became: Changed Institution Name To Timberland Savings Bank, F.s.b..
1991
Relocation
Moved HQ to: 624 Simpson Avenue, Hoquiam, WA 98550.

πŸ“ Branch Locations (23)

Aberdeen Branch
117 N Broadway St
Aberdeen, Washington 98520
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South Aberdeen Branch
300 N Boone St
Aberdeen, Washington 98520
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Auburn Branch
202 Auburn Way S
Auburn, Washington 98002
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Chehalis Branch
714 W Main St
Chehalis, Washington 98532
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Elma Branch
313 Waldrip Street
Elma, Washington 98541
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Gig Harbor Branch
3105 Judson St
Gig Harbor, Washington 98335
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Timberland Bank
624 Simpson Ave
Hoquiam, Washington 98550
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Lacey Branch
1201 Marvin Rd Ne
Lacey, Washington 98516
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Lacey
4530 Lacey Blvd Se
Lacey, Washington 98503
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Montesano Branch
201 S Main St
Montesano, Washington 98563
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Ocean Shores Branch
361 Damon Rd
Ocean Shores, Washington 98569
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Olympia Branch
2850 Harrison Avenue Nw 10
Olympia, Washington 98502
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