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Timberland Bank Says FDIC, Wash. State Department of Financial Institutions Lift MoU

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Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”) today reported the FDIC and the Washington State Department of Financial Institutions have notified Timberland Bank that they have lifted the Memorandum of Understanding (“MOU”), which was dated December 29, 2009 for the Bank. The notice stated that the MOU is hereby rescinded and no further reporting is necessary.

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