Bailout Bank Bio: Sterling Financial Corporation

Mar 23, 2009 | 2 min read | Print Article

Sterling 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