Opened during the early 1900’s. Eri Barber Colwes, an early Tolt settler, built the bank and served as the first bank president. In 1914 it was the site of a robbery that shook the town and Seattle for days. Read about it in our blog The Day Carnation Became the Wild, Wild West.
Colwes enlarged the building in 1915 where he established a post office and rented to other commercial enterprises. Tolt State Bank expanded with the local affluence and changed its name to Snoqualmie Valley Bank in 1918.