News

Feds lift restrictions on Sterling Financial

March 13, 2012/

Federal banking regulators have lifted restrictions against Sterling Financial Corp., the Spokane-based holding company of Sterling Bank.

The restrictions were imposed in October 2009 when the company’s financial health was shaken and its leaders were ousted.

Regulators engaged in enhanced oversight of both the holding company and its banking enterprise.

John Stucke The Spokesman-Review

Full Story: http://www.spokesman.com/stories/2012/mar/13/feds-lift-restrictions-on-sterling-financial/

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