Bank · FDIC insured
Timberland Bank
A $2.1B bank headquartered in Hoquiam, WA, with 24 branches in Washington. Best rates: CDs 4.20% and savings 0.25% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: not enough terms or balances published to score. Auto loans: no rates found on its website. Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- CDs—4.20%CD rates →
- Savings700.40%at $100,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Timberland Bank
Founded in 1915 in Hoquiam, Washington, as Southwest Washington Savings and Loan, Timberland Bank was established to provide banking services and home financing for local settlers.
Headquartered at 624 Simpson Avenue in Hoquiam, the bank serves communities across Grays Harbor, Thurston, Lewis, Pierce, Kitsap, and King counties in Western Washington.
The bank expanded its branch footprint over the years, acquiring Venture Bank branches in 2004 and South Sound Bank in 2018.
- Headquarters
- 624 Simpson Ave, Hoquiam, WA 98550
- FDIC certificate
- 28453 ↗
Branches
24 branches in Washington
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Washington
24 branches
Seattle area · 7
- Auburn Branch202 Auburn Way S, Auburn, WA 98002Directions
- Gig Harbor Branch3105 Judson St, Gig Harbor, WA 98335Directions
- Edgewood Branch2418 Meridian Ave E, Puyallup, WA 98371Directions
- South Hill Branch12814 Meridian E, Puyallup, WA 98373Directions
- Bethel Station Branch2419 224th St E, Spanaway, WA 98387Directions
- Tacoma Branch7805 S Hosmer St, Tacoma, WA 98408Directions
- University Place Branch6916 19th St W, University Place, WA 98466Directions
Aberdeen area · 6
- Timberland BankMain office624 Simpson Ave, Hoquiam, WA 98550Directions
- Aberdeen Branch117 N Broadway St, Aberdeen, WA 98520Directions
- South Aberdeen Branch300 N Boone St, Aberdeen, WA 98520Directions
- Elma Branch313 Waldrip Street, Elma, WA 98541Directions
- Montesano Branch201 S Main St, Montesano, WA 98563Directions
- Ocean Shores Branch361 Damon Rd, Ocean Shores, WA 98569Directions
Olympia area · 6
- Lacey4530 Lacey Blvd Se, Lacey, WA 98503Directions
- Lacey Branch1201 Marvin Rd Ne, Lacey, WA 98516Directions
- Olympia423 Washington St Se, Olympia, WA 98501Directions
- Olympia Branch2850 Harrison Avenue Nw 10, Olympia, WA 98502Directions
- Tumwater Branch301 Trosper Road Sw, Tumwater, WA 98512Directions
- Yelm Branch101 Yelm Ave W, Yelm, WA 98597Directions
Centralia area · 3
- Chehalis Branch714 W Main St, Chehalis, WA 98532Directions
- Toledo Branch101 N 2nd St, Toledo, WA 98591Directions
- Winlock Branch209 Ne 1st St, Winlock, WA 98596Directions
Bremerton area · 2
- Poulsbo Branch20464 Viking Ave Nw, Poulsbo, WA 98370Directions
- Silverdale2401 Nw Bucklin Hill Rd, Silverdale, WA 98383Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 12.85% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.56% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.47% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $86 | $88 | — |
- CapitalLeverage ratio12.85%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.56%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.47%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$86Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Timberland Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.