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Latest from The Spokesman-Review
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Symphony back for Labor Day weekend shows
September 1, 2011 in Features on Page C1 Last year on Labor Day, if you wanted to hear “1812 Overture,” you had to stand in your backyard and hum it. This year, Spokane’s longtime Labor Day tradition has … 1
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Caldwell: West Point trained local bankers to survive
June 19, 2011 in Business on Page E1 The U.S. Military Academy at West Point graduates about 1,000 second lieutenants each year. Although trained to command men and women in combat, many leave the Army when their hitch …
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Sterling says profit is hopeful ‘milestone’
April 20, 2011 in Business on Page A10 The last time Sterling Financial Corp. reported a profit was in October 2008. It’s taken more than two years, but Spokane-based Sterling Savings (traded as STSA) reported a first quarter …
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Spotlight: First Night picks up new events, venues
December 19, 2010 in Features on Page D5 For the 10th year in a row, First Night Spokane will fill downtown streets on New Year’s Eve. Most people already know what to expect from this well-established institution:
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Robbery at bank puts schools on lockdown
December 3, 2010 in City on Page A10 Spokane Valley police are investigating a robbery at an East Sprague Avenue bank Thursday that locked down two nearby schools. At 2:26 p.m., a man walked in the west door … 1
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Regulators lift order placed on Sterling Savings Bank
September 28, 2010 in Business on Page A8 State and federal regulators have lifted the cease-and-desist order placed on Sterling Savings Bank nearly one year ago. Sterling Financial Corp., the bank holding company, said Monday the move reflects …
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Sterling Financial agrees to raise $730 million
August 20, 2010 in Business, City Spokane-based Sterling Financial Corporation said today it has reached agreements to raise $730 million in new capital from institutional, private equity and other investors. Expected to close within the next … 4
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Robbery suspect blames voices in head
May 14, 2010 in City on Page A7 A man accused of robbing a downtown Spokane bank told police voices in his head told him to commit the crime, according to court documents prepared by detectives.
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Robbery suspect stopped by bank security
May 11, 2010 in City A security officer at a downtown Spokane bank nabbed a robbery suspect before the man left the property this morning. 2
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Boston equity firm invests $134.7 million in Sterling
April 28, 2010 in Business on Page A1 Thomas H. Lee Partners, a Boston private equity firm, will invest $134.7 million in struggling Sterling Financial Corp. as part of the Spokane bank-holding company’s ongoing effort to raise enough … 1
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Treasury offers hand to Sterling
March 17, 2010 in Business on Page A1 Sterling Financial Corp. on Tuesday announced tentative agreements with the U.S. Treasury and a potential investor that will determine whether the bank holding company remains an independent Spokane business and … 5
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Same robber likely hit two banks
March 5, 2010 in City on Page A7 Spokane police think the gunman who robbed a Northwest Boulevard bank last month also robbed a bank in December.
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Worker-friendly firms lauded
February 10, 2010 in Business on Page A10 Six Spokane-area businesses and nonprofits were among 18 saluted last week by the Association for Washington Business for their outstanding commitment to employees. Companies were nominated for training, safety and … 4
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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 … 1
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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 … 1
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Sterling’s loss near half-billion
October 23, 2009 in Business on Page A1 Sterling Financial Corp. on Thursday reported a huge third-quarter loss of $463.7 million as it closes out the books on almost a decade of acquisitions that made the Spokane institution … 3
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Bert Caldwell: Bank survival is essential for community
October 18, 2009 in Business on Page E1 Banking regulators have become the process servers for a sick Washington economy, delivering orders and memorandums commanding financial directors, chief executive officers and other executives to clean up their institutions. … 7
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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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Ledge ducks’ story helps refuge birds
June 10, 2009 in City on Page A5 A mama duck’s ill-advised roost on a Spokane window ledge has helped her fellow fowl at the Turnbull National Wildlife Refuge land $5,000. Sterling Savings Bank concluded a monthlong Bucks …
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Bucks for Ducks nets $5,000 for Turnbull refuge
June 9, 2009 in City A mama duck’s ill-advised roost on a Spokane window ledge has led to her fowl brethren at the Turnbull National Wildlife Refuge landing $5,000. Sterling Savings Bank concluded a month-long …
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Mama Duck and her brood hit the water
May 16, 2009 in City Mama Duck, who for the second year has laid her eggs in a concrete awning on the Sherwood Building in downtown Spokane, is leading her own little parade through downtown. … 2
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Duck rescuer’s celebrity lives on
December 28, 2008 in City on Page B1 For Joel Armstrong, 2008 will always be the year of the ducks. An e-mail describing how the Spokane man helped a duck and her 10 ducklings from their nest outside …
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Sterling sells stock to U.S. Treasury
December 6, 2008 in Business on Page A10 The parent company of Sterling Savings Bank closed a deal that will bring the corporation $303 million from the U.S. Treasury. Sterling Financial Corp. sold to the Treasury department 303,000 …
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Banks seek to reassure depositors
October 9, 2008 in Business on Page A8 With global financial institutions failing and trillions in investor dollars evaporating, Inland Northwest banks and credit unions are reassuring depositors their money is safe, and many are offering high-interest certificates …
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Sterling job
October 23, 2007 in Business on Page A8 William Zuppe, retiring co-founder and chief executive officer of Sterling Savings Bank, has a hint of daredevil in him. Earlier this month, he treated a childhood friend to a ride …
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Sterling picks Heidi Stanley as new CEO
September 28, 2007 in Business on Page A8 Heidi Stanley has been appointed president and chief executive officer of Sterling Savings Bank. Her appointment will follow the Dec. 31 retirement of William Zuppe, who founded the Spokane bank …
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Community assets
July 9, 2006 in Business on Page G1 Two decades ago a group of professionals hired to open the first Sterling Savings Bank, then called Sterling Savings Association, posed a tough question to their new boss, Chairman Harold …
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Banking on a good year
February 4, 2006 in Business on Page K14 Buoyed by a banner 2005, several Inland Northwest banking executives say they’re feeling almost as upbeat about business in 2006 — provided the Fed finally settles down. “If (interest) rates …

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