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-Sterling Financial's California locations open as Argent Bank.

BANKING AND CREDIT NEWS-September 25, 2013--Sterling Financial's California locations open as Argent Bank(C)2013 M2 COMMUNICATIONS

25 September 2013 -- Washington USA-based bank holding company Sterling Financial Corp (NASDAQ: STSA) said it will now do business in California as Argent Bank.

Previously, Sterling Financial Corp.'s California banking locations operated as Sonoma Bank in Northern California and Borrego Springs Bank in the San Diego area.

The firm said it has completed the conversion process, unifying all California banking operations under the new name Argent Bank.

Argent Bank is the California dba of Sterling Savings Bank, the banking subsidiary of Sterling Financial Corp of Spokane, Washington. Sterling Savings Bank is a Washington state chartered and federally insured commercial bank. Sterling Savings Bank does business as Argent Bank in California and as Sterling Bank in Washington, Oregon and Idaho.

The bank offers banking products and services, mortgage lending, and trust and investment products to individuals, small businesses, corporations and other commercial organizations. As of June 30, 2013, Sterling Financial Corp. had assets of USD 9.94bn and operated depository branches in Washington, Oregon, Idaho and California.

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1 USD = 0.624544 GBP

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:1U9CA
Date:Sep 25, 2013
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