Timberland Bancorp, Inc. (TSBK), a Washington corporation, was organized on September 8, 1997 for the purpose of becoming the holding company for Timberland Bank upon the bank's conversion from a Washington chartered mutual savings bank to a Washington-chartered stock savings bank. The conversion was complete on January 12, 1998 through the issuance of common stock. Timberland Bank is a community oriented bank with 24 branch locations throughout Western Washington. The bank was established in Hoquiam, WA in 1915 and offers a comprehensive range of retail checking and savings products. Business banking deposit and merchant services solutions were added in recent years.