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Latest from The Spokesman-Review
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Another bank robbed in Spokane, police say
March 7, 2012 in News, City A robbery has been reported at Sterling Savings bank at 103 E. Queen Ave. in north Spokane. 2
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Shawn Vestal: It’s time to think outside of the bank
October 15, 2011 in City on Page A5 Are you stuck in a loveless marriage? Feeling taken advantage of? Taken for granted? Taken for a fool? 13
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Suspected bank robber arrested in Spokane River
July 20, 2011 in City A convicted child rapist and suspected bank robber was pulled from the Spokane River today after leading police on a chase into a cemetery. 1
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Caldwell: Prudent Wheatland a star in banking circles
February 20, 2011 in Business on Page E1 Wheatland Bank earned a profit last quarter, as it has for every quarter since it was founded in Davenport 32 years ago. The holding company, Community Financial Group Inc., raised …
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Shawn Vestal: ‘Loan mods’ leave Main Street crumbling
February 18, 2011 in City on Page A5 In April 2009, a Kootenai County homeowner struggling to pay the mortgage got a letter encouraging enrollment in a federal program meant to help people avoid foreclosure. The homeowner called … 5
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Bert Caldwell: Costs high, benefits higher in saving Sterling
September 5, 2010 in Business on Page E1 The successful recapitalization of Sterling Financial Corp. may well be the best economic news of 2010 for Spokane. Thanks in part to that “bailout” we all say we hate. 4
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Sterling Financial paying millions to new chairman
August 31, 2010 in Business on Page A8 New Sterling Financial Corp. Chairman Les Biller was paid $1.5 million to accept the position, and will receive a total $4.5 million by Dec. 31, 2012, unless he resigns. Biller’s …
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Sterling turns the corner after cease-and-desist order
August 29, 2010 in Business on Page E1 A new Sterling Financial Corp. management team did not know what would be expected of them in October 2009. Federal and state regulators had forced the board of directors to … 5
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GOP relents on financial bill
April 29, 2010 in Nation/World on Page A3 WASHINGTON – Ending three straight days of solid opposition, Senate Republicans agreed Wednesday to start a full-scale debate on the most far-reaching proposals to toughen regulation of financial institutions since …
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George Goehl: Pass reform to send banks crucial message
April 26, 2010 in Opinion on Page A7 As kids, we brought our rolled-up coins to the bank and opened savings accounts. The bank would pay us interest for letting it reinvest our money. Later, we’d borrow from …
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Bank is bright spot in federal bailouts
March 30, 2010 in Business on Page A8 NEW YORK – Bank bailouts are turning out to be great business for the government. Unfortunately for taxpayers, other federal rescues will almost certainly wind up in the red. The … 2
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Sterling Financial reports big losses for 2009
February 1, 2010 in Business, City Writedowns on its loan portfolio resulted in large losses for Sterling Financial Corp. in the fourth quarter and all of 2009. 4
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Stocks fall for 3rd straight day on bank worries
January 22, 2010 in Business, Nation/World Stocks retreated Friday for the third straight day on fresh concerns about potential new banking and trading regulations.
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Obama calls for bank limits
January 22, 2010 in Business on Page A12 WASHINGTON – Trying to ride a wave of public anger at Wall Street, President Barack Obama on Thursday proposed tough new restrictions designed to limit the size of the nation’s … 1
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Wells Fargo confident, but analysts have doubts
January 21, 2010 in Business on Page A10 NEW YORK – Wells Fargo says it sees signs of recovery in its loan business. But the big bank may be more of an exception than a leading indicator that …
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Obama tells banks: ‘We want our money back’
January 14, 2010 in Business, Nation/World President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the height of the financial crisis. “We want … 3
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Obama weighing levy on banks
January 12, 2010 in Nation/World on Page A1 WASHINGTON – President Barack Obama is weighing a levy on financial institutions to help recover shortfalls in a $700 billion bank bailout fund and to help balance a budget that … 2
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Obama calls on banks to lend
December 15, 2009 in Nation/World on Page A1 WASHINGTON – Even as major banks scramble to repay billions of dollars in taxpayer aid, President Barack Obama took the nation’s top bankers aside Monday and implored them to do …
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Fed asserts protective role in banning fees on overdrafts
November 13, 2009 in Business on Page A1 Flexing newfound muscle as consumer protector, the Federal Reserve on Thursday banned overdraft fees on automated teller machine and debit-card transactions unless consumers have actively opted for an overdraft protection … 4
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Bailout’s bottom line
September 1, 2009 in Business on Page A8 WASHINGTON – A gaggle of big banks have repaid their loans to the government under the $700 billion financial rescue. Is there a chance taxpayers will eventually recoup the rest … 3
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Banks added 10,000 branches in boom
August 17, 2009 in Business Banks expanded at a breathtaking pace over the past five years, adding more than 10,000 full-service branches, but barely 1 in 10 were in inner-city, minority neighborhoods, another sign the … 1
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Judge hears arguments on WaMu retirement accounts
August 6, 2009 in Business, Region SEATTLE — A federal judge heard arguments on what should happen with retirement accounts for tens of thousands of past and present Washington Mutual employees.
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Court: States can challenge banks
June 30, 2009 in Nation/World on Page A12 WASHINGTON – State governments can challenge the practices of national banks in court, the Supreme Court held Monday, in a decision that bolsters the power of states relative to federal …
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Banks to return bailout money
June 10, 2009 in Business on Page A10 WASHINGTON – Ten of the nation’s biggest financial companies got a green light Tuesday to return $68 billion in federal bailout money – freeing the banks from limits on executive …
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Some banks will get leave to repay Treasury loans
June 8, 2009 in Nation/World on Page A1 WASHINGTON – The Obama administration plans to announce as soon as today that some of the nation’s largest banks can repay billions in federal aid, but some officials caution that …
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Stress test details released
February 26, 2009 in Nation/World on Page A8 The federal government released details of its “stress tests” for major banks Wednesday, saying they must be strong enough to weather a worse-than-expected economic scenario including a 22 percent drop …
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Fed says banks still being tight with credit
February 3, 2009 in Business on Page A8 WASHINGTON – Many banks have made it harder for borrowers to obtain all kinds of loans over the past three months despite a $700 billion federal bailout program and a …
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Credit card breach offers lesson
January 30, 2009 in Business on Page A10 Consumers getting notices from banks or credit unions about possible fraud on their credit cards should take an active, daily role in monitoring their accounts, area bank officials say. First …
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Banks urge cardholders to watch accounts after breach
January 29, 2009 in Business Consumers getting notices from banks or credit unions about possible fraud on their credit cards should take an active, daily role in monitoring their accounts, area bank officials say.
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Region feels the economy’s pain
December 28, 2008 in Business on Page E1 Recession, layoffs, falling real estate prices, failing banks, unprecedented federal bailouts, plunging stock values and a roller coaster ride for gasoline prices made front-page news nationally and across the Inland … 1

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