Timberline Bank
Timberline Bank is a privately held Colorado community bank serving Western Slope markets through branches in Grand Junction, Aspen, and Montrose, offering personal banking, business banking, private banking, and a newly launched mortgage division to consumers, local businesses, and high-net-worth clients.
- Company typePrivate
- Founded2005
- HeadquartersGrand Junction, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Timberline Bank does
Timberline Bank is a privately held, FDIC-insured community bank founded around 2005 and headquartered in Grand Junction, Colorado, serving Western Slope communities through three branches — Grand Junction, Aspen, and Montrose — with a workforce of more than 100 employees. The bank operates a platform of core deposit products (personal and business checking and savings, CDs, IRAs, HSAs, CDARS/ICS), a lending book spanning consumer loans, consumer real estate loans (including HELOCs), commercial construction financing, and SBA loans, and a private banking unit covering cash management, wealth management, customized lending, and flexible deposits. Distribution is delivered through a three-branch physical network and a digital banking stack (online/mobile banking, bill pay, Zelle, wire transfers, and remote deposit capture).
Revenue mechanics follow the standard community-bank model: net interest income from lending and deposit spreads, supplemented by fee income. The bank is a two-time SBA Lender of the Year and has appeared on Newsweek's Top 250 Regional Banks list in 2024 and 2025, signaling a credible mid-tier community franchise. In January 2026, Timberline Bank launched Timberline Mortgage, a wholly-owned mortgage division initially operating in the wholesale channel with stated plans to expand into additional lending channels, marking the most significant product-line expansion in the company's recent history.
The go-to-market is relationship-led and community-embedded: the bank supports over 400 local organizations, sponsors Colorado Mesa University programming (including the Round-Up for Rowdy debit-card scholarship program), runs community room reservations, and operates programs such as the Federal Employee Loan Program and the No Shave November Challenge. Ownership is management/founder-controlled (Co-CEOs Jim Pedersen and Jeff Taets; Chief Banking Officer Jason Taets), with no disclosed parent, venture, or private equity backing.
Timberline Bank firmographics
Firmographics- Name
- Timberline Bank
- Legal name
- Timberline Bank
- Website
- https://timberlinebank.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Timberline Bank is a privately held Colorado community bank serving Western Slope markets through branches in Grand Junction, Aspen, and Montrose, offering personal banking, business banking, private banking, and a newly launched mortgage division to consumers, local businesses, and high-net-worth clients.
- Ownership category
- akta.pro rank
Where Timberline Bank is headquartered
LocationHeadquarters
- HQ city
- Grand Junction
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Timberline Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Interest Income from Lending: Traditional community bank revenue from interest earned on personal loans, consumer real estate loans, business loans, commercial construction loans, SBA loans, and HELOCs.
- Deposit Taking and Interest Spread: Revenue generated from deposit accounts including personal checking, personal savings, business checking, business savings, CDs, IRAs, and private banking deposit accounts.
- Mortgage Lending: Timberline Mortgage division generates revenue through mortgage origination in the wholesale channel with plans to expand into additional lending channels.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Round-Up for Rowdy program - free enrollment for checking account holders |
| Unit Pricing | Annual | CD minimum deposit requirement |
| Subscription | Monthly | HSA plans available |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Timberline Bank product offering
Product offeringCore offering
Timberline Bank is a Colorado-based community bank that delivers personal banking (checking, savings, IRAs, HSAs, CDs, consumer and real estate loans), business banking (checking, savings, SBA loans, commercial construction, business debit/credit cards), private banking (wealth management, cash management, customized lending), and a newly launched Timberline Mortgage division (wholesale home financing). It serves customers across Western Colorado through three branches and digital banking channels, with local decision-making and community reinvestment as core principles.
Product overview
Timberline Bank is a Colorado-based community bank offering a comprehensive suite of personal and business banking products. The bank operates a platform-plus-modules architecture centered on core deposit accounts (checking, savings, CDs, IRAs, HSAs) supplemented by lending products (consumer loans, real estate loans, commercial construction, SBA loans, and the new Timberline Mortgage division), private banking services (wealth management, cash management), and digital banking. Additionally, the bank supports community programs including the Round-Up for Rowdy scholarship initiative and No Shave November men's health challenge. Recent expansion includes the January 2026 launch of Timberline Mortgage as a new wholesale mortgage division. The bank serves Western Colorado through three locations: Grand Junction (headquarters), Aspen, and Montrose.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking
Quantifiable outcome
- SBA Lender of the Year award recipient (two times)
- +1 more outcomes
Companies that use Timberline Bank
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
Timberline Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Timberline Bank partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Colorado Mesa University (CMU)corePartnership includes the 'Round-Up for Rowdy' program where debit card purchases are rounded up to donate to CMU Century Scholarship for Mesa County students from families earning less than $70,000 annually. Timberline Bank is also the Official Sponsor of CMU Homecoming since 2020 and founding sponsor of the Davis School of Business Student Business Closet with locations in Grand Junction and Montrose.
- Community Hospital's Grand Valley OncologyminorAnnual No Shave November Challenge raises funds for men's health initiatives including cancer research at Community Hospital's Grand Valley Oncology. All proceeds from the challenge directly benefit Grand Valley Oncology.
- Fruita Area Chamber of CommerceminorProud sponsor of the annual Fruita Area Chamber of Commerce Women in Business Conference, supporting local business community and women's professional development.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Timberline Bank competitors and assessment
Company assessmentDirect peers
- Alpine Banks of Colorado: Colorado-based community bank with a similar regional, relationship-driven model serving Western Slope and Front Range communities. Operates comparable deposit, lending, and SBA products, making it the closest head-to-head competitor for Timberline.
- Bank of Colorado (NBHC): Division of National Bank Holdings Corp, a Colorado-headquartered regional bank offering personal, business, and mortgage lending across the state. Comparable community banking footprint with overlapping SBA and commercial lending products.
- First National Bank of the Rockies: Western Colorado community bank serving the same Grand Junction / Western Slope market as Timberline. Offers competing deposit and small-business lending products and is a direct competitor for the same customer base.
- First Western Financial: Denver-based private banking and wealth management firm with a footprint across Colorado, including Aspen. Offers private banking and customized lending solutions comparable to Timberline's private banking division.
Regional players
- Vectra Financial Group: Colorado-based community bank serving the Front Range and Western Slope with personal and business banking products. Overlaps with Timberline in SBA and commercial lending within the broader Colorado market.
- Bellco Credit Union: Colorado-based credit union offering personal, business, and mortgage products with Western Slope branches. Competes with Timberline for the same retail and SMB customers in Colorado.
Broad incumbents
- Academy Bank: Multi-state community bank offering personal, business, and mortgage lending with a presence across the Western U.S. Comparable full-service community bank model though with significantly broader geographic reach.
- Glacier Bancorp: Multi-state community bank holding company operating a network of community banks across the Western U.S. Demonstrates the scaled community-banking model and provides a benchmark for Timberline's growth trajectory.
- National Bank Holdings Corp (NBHC): Public holding company for Bank of Colorado and other community bank divisions. Comparable Colorado-rooted community bank holding structure, illustrating the scaled operating model Timberline could pursue.
Others
- Pinnacle Financial Partners: Public regional bank known for relationship-driven community banking and strong SBA lending franchise. Provides a comparable benchmark on SBA-led community bank growth, though operating in the Southeast U.S.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Timberline Bank social profiles
Digital presenceTimberline Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Timberline Bank leadership team
Management profileNumber of profiles
Profiles9 records
Timberline Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Timberline Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Timberline Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Timberline Bank
What does Timberline Bank do?
Timberline Bank is a Colorado-based community bank that delivers personal banking (checking, savings, IRAs, HSAs, CDs, consumer and real estate loans), business banking (checking, savings, SBA loans, commercial construction, business debit/credit cards), private banking (wealth management, cash management, customized lending), and a newly launched Timberline Mortgage division (wholesale home financing). It serves customers across Western Colorado through three branches and digital banking channels, with local decision-making and community reinvestment as core principles.
Is Timberline Bank a public or private company?
Timberline Bank is a private company. It is classified as management employee owned and is currently operating.
When was Timberline Bank founded?
Timberline Bank was founded in 2005. It employs 51 to 100 people.
Where is Timberline Bank based?
Timberline Bank is headquartered in Grand Junction, United States, in the North America region.
How does Timberline Bank make money?
Three revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Taking and Interest Spread and mortgage Lending.
Who are Timberline Bank's main competitors?
Direct peers on record are Alpine Banks of Colorado, Bank of Colorado (NBHC), First National Bank of the Rockies and First Western Financial. Regional players are Vectra Financial Group and Bellco Credit Union. Broad incumbents are Academy Bank, Glacier Bancorp and National Bank Holdings Corp (NBHC). Pinnacle Financial Partners is listed as an others.
Does Timberline Bank have an API?
No public API is recorded for Timberline Bank.