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Q & A: Sterling Financial CEO Greg Seibly reflects on a bank’s turnaround
July 4th, 2011SANTA ROSA/SPOKANE, Wash. — Spokane, Wash.-based Sterling Financial Corporation, parent company of Sonoma Bank, successfully navigated its way through an October 2009 order by regulators to repair its balance sheet.
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Banking & Finance: Union Bank opening Sonoma branch; Circle sets new headquarters
March 22nd, 2010Union Bank is opening its first full-service branch in Sonoma in May. It will be the San Francisco-headquartered bank’s fourth North Bay location.
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Treasury says Sonoma Bank owner must raise $650 million
March 16th, 2010SPOKANE, WASH. — Sterling Financial Corp., owner of Sonoma Bank in Santa Rosa, today said it is in active negotiations with several private equity investors, its major creditors and its regulators about various strategic alternatives designed to put Sterling on a sound financial footing and to allow it to recapitalize and grow its business.
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