Timberland Bank Logo

Few banks were able to make a successful relationship with their client by offering banking services and Timberland bank is one of them. This 100-year-old bank knows how to get people’s attention and what their clients need.

Based on the demand, they’ve come with lots of financial products that make us happier. Over time it became the best community bank in the Washington coast region.

It always tried to adopt different methods like establishing roots, branching out, making community, and today, they are one of the best examples of successful banking service.

There are many more things to know yet about this bank and its existing offers to its clients. Let’s jump into the deep.

Timberland Bank Logo
Picture: Timberland Bank Logo

Read More: Bill of Lading

What Is Timberland Bank?

Nowadays, Timberland Bank is not just treated as a financial institution but a way of financial solution. In 1915, this bank started its journey. Based on its handled assets and deposits, it is recognized as a medium-sized bank and its headquarter is in Hoquiam, Washington.

For their banking activities, this bank got an overall 4.3 rating out of 5. From their financial statement, we found its total assets are $992 million and deposit $877. That means, everyone’s money is in safe hands.

Not every service this bank offers is great, but when you seriously consider making your money safe with secure transactions, then this bank is the solution. Besides, we found higher rates in many products.

Homepage of Timberland Bank
Picture: Homepage of Timberland Bank

Financial Products:

Like other financial institutions, this bank also has some common services to offer to their clients. Let’s discover what they are:

  • Savings accounts
  • Checking accounts
  • Money market accounts
  • CDs
  • IRAs
  • Mortgage products.

Because of having better rates, this bank is great for everyday banking. Ultimately, for the better interest rate and retaining access to money without getting penalized for withdrawing. Let’s explore more details about financial products.

Checking

  • Personal Checking
  • Debit Cards
  • Rewards
  • Open an Account

Savings

  • Savings Account
  • Timberland Financial Services
  • Health Savings Accounts

Online Banking

  • Online & Mobile Banking
  • Online Bill Pay
  • 24-Hour Phone Banking

Business

  • Checking Accounts
  • Online Banking
  • Open an Account

Cash Management

  • Cash Management
  • Merchant Services
  • Remote Deposit
  • ACH Transactions

Lending (Personal)

  • Meet Our Lenders
  • Apply Now
  • Cash Please (Opens in a New Window)

Lending (Home)

  • Home Loans
  • Refinance
  • Home Equity Borrowing

Read More: Calculate the Price Elasticity of Demand?

Lending (Construction)

  • Construction Loans
  • Construction Vouchers

Resources

  • Applications & Checklists
  • Timberland Escrow
  • Newsletter

Business

  • Meet Our Business Bankers
  • Business Loans
  • SBA Loans
  • PPP Loans

Resources

  • Note Servicing
  • Security Center
  • Financial Calculators
  • Helpful Links
  • Make an External Payment (Opens in a New Window)

Product Rate of Timberland Bank:

This bank is not only good at offering products, but also offers the best rate in the business. That’s why we made a chart where it’s easy to find the rate of their overall services.

ProductCurrent Terms and RatesMinimum Balance for APY
Savings Accounts0.15% APY$100
Certificates of Deposit12 Month: 1.30% APY 24 Month: 2.04% APY 36 Month: 2.03% APY 48 Month: 2.00% APY 60 Month: 2.30% APY$10,000 for all tiers
Money Market Accounts10K tier: 0.15% APY$2,500
Checking Accounts0.15% APY$1

You can see that their rate of the product is comparatively better than other commercial and community banks. This bank is always in a competitive position, where all clients get the best rate over other U.S. banks.

Frequently Asked Questions:

Why Should I get a loan through CashPlease?

Many reasons are working behind it like you need to pay less interest, traditional payday loans, scope to avoid late fees, apply for the loan in a minute, don’t hit your credit score, cash deposit in less than 24 hours, be easy to communicate with, and trust financial institutions.

Who can get a short-term loan?

Short-term loan services from this Bank are only available to the account holder of this bank. But there are age restrictions for that. People more than 18 years old are only eligible for this type of loan.

How do I contact the customer service of this bank?

This bank refers to their email address and cell no. to contact their customer service. Their email address for customer service is customerservice@timberlandbank.com and cell no. is (360) 533-4747.

Online Logging is easy
Picture: Online Logging is easy

Quality of the Service

Every community bank is ranked and rated with the quality and rate of the service. Timberland bank does the same thing to become successful as a community bank. This brick-and-mortar bank has 22 branches in Washington. It’s more than enough to deal with the people of Washington.

To reach the client easily, this bank introduced its mobile and web apps. So, in any situation, the account holder of this bank can easily make a transaction and know the account status easily. It’s super easy to access the account. Their decent rating for the service reflects why they are the best in the business.

Even their mobile apps got more ratings than the national average for service quality. This bank lets its client control the account in many ways. So, clients are satisfied with their service. We can see its reflection in their customer review.

Mobile app is available in Google Play Store
Picture: Mobile app is available in Google Play Store

Fees and Others

Charges become a headache for the account holders. But this bank keeps the charges extremely low. It’s even lower than the national average. There are no hidden charges at all.

Conclusion:

Now we know, timberland bank is making the banking service excellent for everyone. If you want to open a simple account or are trying to get a loan, then this bank is best.

No doubt, it offers competitive rates and charges all the time. This bank offers what a client needs. From monthly fees to interest rates, everything in this bank is fair.

On top of that, their different financial services are the best side for us, where we can find what we are looking for. Their financial health indicates how fast they are growing and how fast they make a road to success.

Finally, Timberland Bank is the name where you can keep your money safe and can gain more returns.

Previous articleOnline Reviews of The Whitaker Bank (Is It a Reliable Option?)
Next articleLongterm Review of Personal Banking At The West Gate Bank

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.