The executives of Timberline Bank say they’re grateful the bank was inducted into the Colorado Companies to Watch Hall of Fame.

Jeffery Taets and Jim Pedersen, co-chief executive officers of Timberline Bank, said the list of businesses honored over the past 14 years through the program is “impressive.” To be included among those companies, especially as a member of the Hall of Fame, was “amazing” they said.

Timberline Bank was among the 2016 winners in the Colorado Companies to Watch program. The bank was honored again as a Hall of Fame winner at the recent 2020 awards gala.

Four other Grand Junction-based firms were among the latest award recipients in the annual program honoring fast-growing Colorado companies. The Christi Reece Group, Iron-IQ, QuikrStuff and Timberline Trailers were among the 2022 winners. Knott Laboratory was a finalist.

The Colorado Companies to Watch program honors companies for their products, processes and performance in the marketplace as well as their philanthropic efforts. To participate, firms must be privately held, headquartered in Colorado, employ the equivalent of six to 99 full-time employees and generate $750,000 to $50 million in annual sales or working capital.

Headquartered in Grand Junction, Timberline Bank also operates locations in Montrose and Aspen.