Timberland Bancorp, Inc. and Timberland Bank Announces Retirement of Michael Sand as CEO, January 24, 2023
January 25, 2022 at 02:58 am IST
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On January 24, 2022, Timberland Bancorp, Inc. (the Company) and its Timberland Bank (the Bank) announced that, effective January 24, 2022, Michael Sand will begin preparing for his transition into retirement from his position as Chief Executive Officer of both the Company and the Bank. Mr. Sand plans to retire on January 24, 2023 and plans to continue to serve on the Boards of Directors of both the Company and the Bank after his retirement.
Timberland Bancorp, Inc. is a holding company for Timberland Bank (the Bank). The Bank is a community-oriented bank, which offers a variety of savings products to its retail and business customers while concentrating its lending activities on real estate secured loans. Its lending activities are focused primarily on the origination of loans secured by real estate, including residential construction loans, one-to-four-family residential loans, multi-family loans and commercial real estate loans. The Bank also originates commercial business loans and other consumer loans. It offers personal checking, savings accounts, timberland financial services, health savings accounts, online banking, cash management and remote deposit, ACH transactions, merchant services, and others. The Bank serves consumers and businesses across Grays Harbor, Thurston, Pierce, King, Kitsap and Lewis counties, Washington with a full range of lending and deposit services through its 23 branches.