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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.
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.
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.
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.
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.
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.
111 N Wall St
Spokane
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.
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.
Address: Branch network serving communities in Idaho.
To deliver accessible banking services and support the financial needs of Idaho's communities and businesses.
Address: Select branch locations in Montana and California.
Strategic expansion into neighboring state markets to diversify and grow the bank's reach.
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As of April 2025, Sterling Savings Bank' leadership includes:
Sterling Savings Bank has been backed by several prominent investors over the years, including:
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.
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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
Business Wire (Umpqua Holdings Corporation Press Release) • April 18, 2014
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 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, 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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