"geomorphology"
My partner here (engineering company) is a hydrologist. In soft soils with fast water the creek channel will move, as you are seeing, lots of scour on the outside bank. On the inside bank silt settles.
Fastest solution is armor the outside with rip rap. Lots of it. If you want a little more margin, stack battered gabions then bury it it with rip rap.
If you want a retaining wall, get it engineered. If you want to use locking blocks, at least get the footing engineered. The trick with any rigid retention is preventing undermining. On critical walls they inspect every couple of years and pump grout into the voids.
The hydrologists like to say, "You are fighting nature, all erosion control is temporary." Best expected life is reinforced concrete (50 years), but you can get a couple of decades out of stacked gabions.
Good suggestions here but would strongly recommend against timber.
Edit: Your place is BEAUTIFUL!