Sterling Financial LogoSterling Financial Corporation is a bank holding company for Sterling Savings Bank and Golf Savings Bank, with 178 branches in Washington, Oregon, California, Idaho, and Montana. The company is headquartered in Spokane, Washington. Sterling Financial is one of the largest banks in the western United States, and the largest headquartered in Washington State (as measured by assets). Through the Treasury Department’s Capital Purchase Program, Sterling received $125.2 million on December 12, 2008. The company returned the funds in full on May 5, 2009.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Sterling Financial

 

Federal Equity Investment

$303 million

Total Revenue

$863.6 million

Net Income

$93.29 million

Number of Employees

2,523

Corporate Headquarters

Spokane, Washington

Business Sector

Bank

Officers and Directors

Gilkey, Harold, Chairman of the Board, President, Chief Executive Officer

Other Officers and Directors

Corporate Website

http://www.sterlingfinancialcorporation-spokane.com/

Executive Compensation

Sterling Financial Corporation

►Financial Documents

2008-12-03 Sterling Financial 8K

2008-09-30 Sterling Financial 10Q

2008 Sterling Financial Proxy

2007 Sterling Financial Annual Report

2007 Sterling Financial 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Fourth Quarter 2008

No lobbying reports located.

Political Contributions

Center for Responsive Politics (last accessed 03/23/2009)

Related Articles

February 13, 2009 Sterling sees '09 return to profitability Spokane Journal of Business

February 12, 2009 Sterling Financial boosts lending after Treasury investment Bizjournals.com

January 27, 2009 Sterling loses $356M in Q4; execs won’t get bonuses Bizjournals.com

January 14, 2009 Sterling Financial warns of loss, drops dividend Seattle Times
 
November 25, 2008 Sterling could net $303 million from bailout fund Spokesman-Review

 

Last Updated March 23, 2009

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