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Sterling Savings Bank in Spokane, Wash., is dropping the "Savings" from its name to reflect its transition from a traditional thrift to commercial-oriented bank.
February 7 -
Online account-opening applications offer a low-cost way to increase deposits, according to community and regional bankers.
May 29
Sterling Bank in Spokane, Wash. will allow customers to transfer money to and from accounts at other financial institutions for free.
The $9.4 billion-asset bank
"With the existing ability to view external account balances and transactions plus the added ability to transfer funds with external accounts, Sterling Bank's online banking becomes a powerful financial tool rarely found in other community banks in our market," said Patricia Baughman, Sterling's director of corporate product management and market research.
Sterling is owned by Sterling Financial Corp. (STSA). It has 173 branches in Washington, Oregon, Idaho and California.
