An innovative multi-layer (3 and 5) composite laminated panel (CLP) with various layups were developed using sawn lumber and structural composite lumber (SCL) to address the rolling shear and gap issues of cross laminated timber (CLT). The bending properties including apparent and effective bending stiffness, shear stiffness, moment capacities and failure modes of CLPs were evaluated by a combination of modal tests and third-point bending tests of beam specimens cut from the panels. The static bending test results showed that the apparent bending stiffness values of 3-layer and 5-layer CLPs were up to 20% and 43% higher than the corresponding values of 3-layer and 5-layer generic CLT, respectively. The bending moment capacity values of 3-layer and 5-layer CLPs were up to 37% and 87% higher than the corresponding values of 3-layer and 5-layer generic CLT, respectively. The use of SCL in transverse layers eliminated the potential rolling shear failure in CLT and increased the stiffness properties. The apparent and effective bending stiffness predicted by shear analogy method had a good agreement with corresponding values measured by bending tests and/or modal tests. The prediction of bending moment capacity using shear analogy method cannot be validated due to the rolling shear failure and tension failure modes observed in certain groups.