Arrow-right Camera

Sterling Financial

Spokane-based Sterling Savings Bank and holding company Sterling Financial Corp. were founded in 1983 by William Zuppe and Harold Gilkey.

  • Stories
  • Blog Posts


  • Sat., April 19, 2014, midnight

    Sterling-Umpqua union official

    For employees of Sterling Bank, Friday marked a bittersweet finale, the official last day before being folded into Portland-based Umpqua Bank. After a dramatic economic turnaround following a dark two …

  • Wed., April 2, 2014, midnight

    Umpqua to complete merger with Sterling

    Federal bank regulators have given the green light to Umpqua Bank and Spokane-based Sterling Financial Corp. to conclude their merger, announced last year. The first signs of the takeover will …

  • Tue., April 1, 2014, 11:22 a.m.

    Feds OK Sterling, Umpqua merger

    Federal bank officials have given the green light to Umpqua Bank and Spokane-based Sterling Financial Corp. to conclude their merger, first announced last year.

  • Tue., Nov. 5, 2013, midnight

    Inland Northwest Index shows regional growth lagging

    The Hart Capital Inland Northwest Index’s third-quarter performance showed lackluster growth of 3.7 percent, a figure that could have been worse if not for the strong performance by regional banks. …

  • Thu., Sept. 12, 2013, midnight

    Sterling Financial, Umpqua Holdings to merge

    Sterling Financial Corp., the highest-valued publicly traded corporation headquartered in Spokane and one of the city’s largest employers, is merging with Umpqua Holdings Corp. of Portland. Sterling branches will be …

  • Wed., Sept. 11, 2013, 4:27 p.m.

    It’s official: Sterling Financial being bought for $2 billion

    Umpqua Holdings Corporation and Sterling Financial Corporation announced today that they have entered into a definitive agreement pursuant to which Sterling will merge with and into Umpqua. The transaction will …

  • Tue., Aug. 13, 2013, midnight

    Sterling Bank to rename branches in California

    Sterling Financial Corp. will rename its California operations under the Argent Bank brand. The decision reflects a push by Spokane-based Sterling to grow operations in California, said company President and …

  • Fri., March 8, 2013, midnight

    Sherwood Mall to get upgrade

    Two Spokane investment groups plan to renovate the downtown buildings formerly known as the Sherwood Mall and bring in new tenants. New owners of the two side-by-side downtown properties include …

  • Sat., Jan. 26, 2013, midnight

    Mortgage lending boosts Sterling

    Sterling Financial Corp., which operates Sterling Savings Bank, regained its mortgage-loan mojo in 2012. The Spokane-based bank reported 2012 year-end income of $385.7 million, which included mortgage income of $96.9 …

  • Sat., Jan. 19, 2013, midnight

    Area companies post solid year collectively

    The tracking index for 15 publicly traded Inland Northwest companies ended a good year with a mild dip in the fourth quarter. The Hart Capital Inland Northwest Index lost 3.2 …

  • Tue., Dec. 18, 2012, midnight

    Sterling to acquire Puget-area branches

    Spokane’s Sterling Savings Bank has agreed to buy the Puget Sound-area operations of publicly traded Boston Private Financial Holdings Inc. Boston Private, a national financial services group that owns wealth …

  • Sat., Oct. 13, 2012, midnight

    Area companies beat S&P, Russell

    Inland Northwest companies had a strong quarter from July through September. The Hart Capital Inland Northwest Index grew 14.3 percent in the third quarter. That’s dramatically better than the S&P …

  • Sat., Aug. 18, 2012, midnight

    Downtown buildings change hands

    Two of Spokane’s well-known but cash-strapped buildings concluded foreclosure sales Friday, closing the file on separate cases of large commercial properties falling victim to a distressed real estate market. The …

  • Thu., Aug. 16, 2012, midnight

    U.S. selling Sterling shares

    The U.S. Treasury on Wednesday priced the sale of more than 5 million shares of Sterling Financial Corp. stock, which would net about $113 million in repayment for Troubled Asset …

  • Fri., July 20, 2012, midnight

    Sterling to consolidate in Crescent Court space

    Sterling Savings Bank will take over the vacant sixth floor of the downtown Spokane Crescent Court office building next month. Sterling will use the space to consolidate some of its …

  • Thu., July 19, 2012, 5:30 p.m.

    Sterling Savings leases floor in Crescent Court

    Sterling Savings Bank will take over the vacant sixth floor of the downtown Spokane Crescent Court office building next month.

  • Thu., April 26, 2012, midnight

    Earnings: Sterling Financial Corp.

    For 04-26-2012

  • Tue., Feb. 21, 2012, 12:54 p.m.

    Sterling Financial to cut 6 percent of workforce

    Sterling Financial Corp. is laying off 6 percent of its employees this winter.

  • Wed., Jan. 25, 2012, 1:58 p.m.

    Sterling posts profit for 4th quarter and full year

    Spokane-based Sterling Financial Corp. reported dramatically improved results for the fourth quarter and full fiscal year after the close of trading today.

  • Thu., July 28, 2011, midnight

    Earnings: Sterling Financial Corp.

    For 07-28-2011