TIMBERLINE BANK LAUNCHES MORTGAGE DIVISION TO EXPAND HOME FINANCING SOLUTIONS ACROSS COLORADO

GRAND JUNCTION, CO – Timberline Bank is proud to announce the official launch of Timberline Mortgage, a new mortgage division created to deliver personalized, competitive home financing solutions backed by the strength, stability, and local commitment of a community bank.

This strategic expansion reflects Timberline Bank’s ongoing investment in serving Colorado communities and deepening relationships with homebuyers, homeowners, and referral partners. Timberline Mortgage combines modern lending capabilities with the high-touch service and local decision-making clients expect from a community-focused institution.

The Timberline Mortgage leadership team brings decades of combined experience across retail, wholesale, and bank-based mortgage lending:

• Justin Harris, Mortgage President
• Glen Whaley, SVP of Mortgage Production
• David Posta, Senior Loan Officer
• Kevin Cordova, Senior Loan Officer
• Carly Myers, Loan Officer

“Expanding into mortgage lending allows us to serve our communities in an even more meaningful way,” said Jim Pedersen, Co-CEO of Timberline Bank. “Homeownership is one of the most important financial milestones in a person’s life, and we believe clients deserve the same relationship-based service and local decision-making in their mortgage experience that they have come to expect from Timberline Bank.”

Together, the team will lead the division with a consultative, relationship-driven approach while building scalable systems and processes to support long-term growth.

“Launching Timberline Mortgage allows us to combine the flexibility and innovation of a modern mortgage platform with the trust and strength of a community bank,” said Justin Harris, Mortgage President. “Our goal is simple: provide borrowers and partners with clear communication, reliable execution, and competitive loan options tailored to their needs.”

“This division has been thoughtfully built to deliver an exceptional experience for clients while also creating an environment where experienced loan officers can thrive,” said Glen Whaley, SVP of Mortgage Production. “When our team has the right tools, support, and structure, it translates directly into better service for the communities we serve.”

Timberline Mortgage will initially operate within the wholesale mortgage channel, with plans to expand into additional lending channels as the division grows. The team will offer a broad range of residential loan products and will prioritize strong partnerships with real estate professionals, builders, and financial advisors throughout Colorado.

The launch underscores Timberline Bank’s commitment to responsible growth while remaining rooted in its community banking values, including local expertise, personalized service, and long-term relationships. This expansion allows Timberline Bank to support clients through one of life’s most important financial milestones while continuing to serve as a trusted partner well beyond the closing table.

About Timberline Bank:

Timberline Bank is a Colorado-based community bank focused on delivering relationship-driven financial solutions to individuals and businesses. Built on a foundation of local decision-making and personalized service, Timberline Bank continues to expand its offerings to meet the evolving needs of its clients and the communities it serves. To learn more, visit www.TimberlineBank.com.