Sterling Savings Bank

Status:Inactive as of 2014-04-18
 Merger - Without Assistance
Successor Bank:Umpqua Bank
Headquarters:Sterling Savings Bank
111 N. Wall Street
Spokane, WA 99201
Established:1981-01-01
FDIC Insurance:1983-03-15
FDIC Cert:#32158
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:174
Total Assets:$10,214,194,000
Total Deposits:$7,067,448,000

History

1981-01-01Institution established: Original name:Sterling Savings Association
1983-07-31Acquired Lewis and Clark Savings and Loan Association (31523) in CLARKSTON, WA
1985-11-30Acquired (27972)
1988-04-30Acquired Tri-Cities Savings and Loan Association (31950) in KENNEWICK, WA
1989-01-31Acquired Central Evergreen Federal Savings and Loan Association (28404) in CHEHALIS, WA
1998-06-15Changed name to Sterling Savings Bank
1998-11-13Acquired First Federal Savings and Loan Association of Montana (28036) in HAMILTON, MT
2003-02-28Acquired Empire Bank (28022) in LIVINGSTON, MT
2004-01-02Acquired Klamath First Federal Savings and Loan Association (29339) in KLAMATH FALLS, OR
2005-07-08Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2005-07-08Changed organization type to COMMERCIAL BANK
2005-07-08Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
2006-11-30Acquired FirstBank Northwest (28351) in CLARKSTON, WA
2007-02-28Acquired Sonoma National Bank (25911) in SANTA ROSA, CA
2010-08-03Acquired Golf Savings Bank (35362) in MOUNTLAKE TERRACE, WA
2013-03-01Acquired Borrego Springs Bank, National Association (24080) in LA MESA, CA
2013-10-01Acquired Commerce National Bank (57566) in NEWPORT BEACH, CA
2014-04-18Merged into and subsequently operated as part of Umpqua Bank (17266) in ROSEBURG, OR

Financial Information (2014-03-31 and Older)