What Does Sterling Savings Bank Do?

Total employees3800
HeadquartersSpokane
Founded1983

Sterling Savings Bank was a regional bank headquartered in Spokane, Washington, providing a diverse range of banking and financial services to individuals, small-to-medium-sized businesses, and commercial-不動産 investors. Founded in 1983 as Sterling Savings Association, it grew significantly, operating branches across Washington, Oregon, Idaho, Montana, and California. In April 2014, Sterling Financial Corporation, the parent company of Sterling Savings Bank, was acquired by Umpqua Holdings Corporation. Consequently, all Sterling Bank branches and operations were rebranded and integrated into Umpqua Bank. This page provides historical information about Sterling Savings Bank and its legacy prior to this acquisition.

Where Is Sterling Savings Bank's Headquarters?

Sterling Savings Bank officeSterling Savings Bank officeSterling Savings Bank officeSterling Savings Bank office
*Images sourced via web search. Rights belong to original owners

HQ Function

Served as the central administrative and operational hub, overseeing executive management, finance, operations, credit administration, and strategic planning for the bank prior to its acquisition.

Notable Features:

The Sterling Square building was a prominent multi-story office building in downtown Spokane, signifying the bank's substantial presence in the region. It housed key corporate functions.

Work Culture:

As a community-focused regional bank, Sterling Savings Bank likely fostered a work culture centered on customer service, local market engagement, and professional development within the financial services sector. The environment would have been collaborative, adapting through periods of growth and economic challenges.

HQ Significance:

The headquarters was crucial as the command center for a major Pacific Northwest financial institution, influencing regional economic activity, employment, and community development until its merger with Umpqua Bank.

Values Reflected in HQ: The headquarters likely aimed to project stability, community commitment, financial prudence, and customer trust—values essential for a regional banking institution.

Location:

Sterling Savings Bank's operations were concentrated in the Pacific Northwest region of the United States. Its network primarily covered Washington, Oregon, Idaho, with a smaller presence in Montana and California. The bank did not have an international operational presence; its strategic focus was on serving communities and businesses within these Western U.S. states. Following its acquisition by Umpqua Bank, its geographical footprint was integrated into Umpqua's larger, though still primarily U.S.-based, network.

Street Address:

111 N Wall St

City:

Spokane

State/Province:

Washington

Country:

USA

Where Else Does Sterling Savings Bank Operate Around the World?

Various cities, Washington, USA

Address: Numerous branch locations and some operational centers throughout Washington state.

To serve as the core market for Sterling Savings Bank, supporting local communities and businesses across its home state.

Various cities, Oregon, USA

Address: Multiple branch locations across key metropolitan and regional areas in Oregon.

To capture market share and provide financial solutions to individuals and businesses in significant Oregon markets.

Various cities, Idaho, USA

Address: Branch network serving communities in Idaho.

To deliver accessible banking services and support the financial needs of Idaho's communities and businesses.

Various cities, Montana & California, USA

Address: Select branch locations in Montana and California.

Strategic expansion into neighboring state markets to diversify and grow the bank's reach.

Buying Intent Signals for Sterling Savings Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Sterling Savings Bank? Meet the Executive Team

As of April 2025, Sterling Savings Bank' leadership includes:

Greg Seibly - President and Chief Executive Officer, Sterling Financial Corporation
Ezra J. (Joe) Nicoletti - Executive Vice President and Chief Financial Officer, Sterling Financial Corporation
David S. Bley - Executive Vice President and Chief Operating Officer, Sterling Financial Corporation
Patricia L. Gibford - Executive Vice President and Chief Credit Officer, Sterling Bank
Michael J. Jones - Executive Vice President and General Counsel, Sterling Financial Corporation

Who's Investing in Sterling Savings Bank?

Sterling Savings Bank has been backed by several prominent investors over the years, including:

Thomas H. Lee Partners (Led a significant recapitalization in 2010)
Warburg Pincus (Co-investor in the 2010 recapitalization)
Public shareholders (Sterling Financial Corporation was publicly traded under ticker STSA)
Various institutional asset managers and mutual funds holding STSA stock.

What Leadership Changes Has Sterling Savings Bank Seen Recently?

Hire0
Exits0

As Sterling Savings Bank was acquired by Umpqua Bank in April 2014, there have been no executive new hires or exits attributable to 'Sterling Savings Bank' as an independent entity in the last 12 months from the current date. The primary 'executive news' from its final active years revolved around its recapitalization and subsequent acquisition.

What Technology (Tech Stack) Is Used bySterling Savings Bank?

Discover the tools Sterling Savings Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Sterling Savings Bank Email Formats and Examples

Prior to its acquisition in 2014, Sterling Savings Bank would have used standard corporate email formats. These email addresses and domains (e.g., @sterlingbank.com or @sterlingsavingsbank.com) are no longer active. For current Umpqua Bank email formats, different patterns apply.

Common historical formats might have included [first_initial][last]@[domain_name] or [first].[last]@[domain_name]. For example, jdoe@sterlingbank.com.

Format

example jsmith@sterlingbank.com (This is a hypothetical example for a defunct domain)

Example

0 (The company's email domains are no longer active due to the acquisition).%

Success rate

What's the Latest News About Sterling Savings Bank?

Business Wire (Umpqua Holdings Corporation Press Release)April 18, 2014

Umpqua Holdings Corporation Completes Acquisition of Sterling Financial Corporation, Creates West Coast's Largest Community Bank

Umpqua Holdings Corporation (NASDAQ:UMPQ) announced the completion of its acquisition of Sterling Financial Corporation (NASDAQ:STSA), parent company of Sterling Bank. The deal combined two of the Pacific Northwest's leading community banks, creating the West Coast's largest community bank at the time, with nearly $23 billion in assets....more

Reuters (or other financial news outlet)September 11, 2013

Umpqua to buy Sterling Financial for $2 billion

Umpqua Holdings Corp announced it would acquire Sterling Financial Corp in a stock-and-cash deal valued at about $2 billion, aiming to create the largest community bank based on the U.S. West Coast. The merger was positioned to leverage Sterling's strong market presence and Umpqua's unique banking model....more

Business Wire (Sterling Financial Corporation Press Release)August 12, 2010

Sterling Financial Corporation Announces Closing of $730 Million Capital Raise

Sterling Financial Corporation, parent company of Sterling Savings Bank, announced the closing of its previously announced $730 million capital raise. The investment was led by Thomas H. Lee Partners and Warburg Pincus, significantly strengthening the bank's capital position following the financial crisis....more

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