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Latest from The Spokesman-Review
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Sterling sued over bank’s 401(k) plan
January 13, 2010 in Business on Page A12
A former Sterling Financial Corp. employee has sued the Spokane financial institution alleging administrators of its 401(k) plan imprudently invested as much as 20 percent of plan assets in company …
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Investors accuse Sterling of hiding financial troubles
December 16, 2009 in Business on Page A10
A lawsuit filed Friday accuses Sterling Financial Corp. and two officers of concealing the Spokane company’s vulnerability to the downturn in residential and real estate markets, which when disclosed a …
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Sterling Savings to miss deadline
December 8, 2009 in Business on Page A8
Sterling Financial Corp. Chief Executive Officer Greg Seibly said it will probably be the first quarter of 2010 before subsidiary Sterling Savings Bank raises $300 million in new capital. Federal …
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Holiday parties getting smaller
December 3, 2009 in City on Page A1 Local companies that used to spend tidy sums on Christmas parties or worker bonuses are pulling back this year, reflecting the economic slowdown. There will be smaller parties instead of …
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Sterling loss closes out the books on decade of expansion
October 22, 2009 in Business Sterling Financial Corp. Thursday reported a huge third-quarter loss of $463.7 million, in the process closing out the books on almost a decade of acquisitions that made the Spokane institution …
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Sterling execs hopeful
October 16, 2009 in Business on Page A1 A day after Sterling Financial Corp.’s longtime leaders were ousted, the company’s new executives say they’re confident subsidiary Sterling Savings Bank can raise $300 million and meet other demands contained …
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Sterling revamps executive lineup
October 15, 2009 in Business on Page A1 Sterling Financial Corp. on Wednesday announced the appointment of a new executive team and the departures of longtime Chairman Harold Gilkey and Heidi Stanley, chairwoman of the subsidiary Sterling Savings … 3

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