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Home > Company Index > Banking > Banking - Northeast > Sterling Financial Corporation

Sterling Financial Corporation
Nasdaq: STSA
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 PROFILE
Sterling Financial is the holding company for Sterling Savings Bank. Through more than 75 branches in Washington, Idaho, Oregon and Montana, the bank provides individuals and businesses with such standard retail services as checking, savings, money market, and NOW accounts. Residential mortgages account for about one-fifth of its loan portfolio; the bank sells a portion of these loans on the secondary market. Sterling Savings also offers commercial real estate, construction, consumer, and business loans. Subsidiary Harbor Financial Services offers such investment products as annuities and mutual funds. Sterling Financial is buying Spokane, Washington-based commercial lender Source Capital Corporation.

 COMPETITION
U.S. Bancorp (USB)
Washington Federal, Inc. (WFSL)
Washington Mutual, Inc. (WM)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 219.80
1-Yr. Sales Growth: 15.3%
Employees: 785
Revenue per employee: $280,000.00

 KEY PEOPLE
• Harold B. Gilkey
    CEO
• Daniel G. Byrne
    CFO

 CONTACT INFO
111 N. Wall St.
Spokane, WA 99201
US
Phone: 509-458-2711
Fax: 509-358-6161
Online: Web Site

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