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PR Newswire
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Sterling Financial Corporation of Spokane, Washington, to Present at KBW 2007 Regional Bank Conference


SPOKANE, Wash., Jan. 26 /PRNewswire-FirstCall/ -- Sterling Financial Corporation a leading community bank in the western region, announced today that Harold B. Gilkey, chairman and chief executive officer, and Daniel G. Byrne, executive vice president and chief financial officer, have been invited to present at the Keefe, Bruyette & Woods ("KBW") 2007 Regional Bank Conference in Boston, MA.

Sterling is scheduled to present on Wednesday, February 28, 2007, at 4:00 EST. Investors may access a live webcast of Sterling's presentation at http://www.kbw.com/news/conference_regional.html. For those unable to participate during the live broadcast, the presentation will be available online at the KBW's website, http://www.kbw.com/news/conference_regional.html, and archived for 60 days following the event.

ABOUT STERLING

Sterling Financial Corporation of Spokane, Washington, is a bank holding company of which the principal operating subsidiaries are Sterling Savings Bank and Golf Savings Bank. Sterling Savings Bank is a Washington State- chartered, federally insured commercial bank, which opened in April 1983 as a stock savings and loan association. Sterling Savings Bank, based in Spokane, Washington, has financial service centers throughout Washington, Oregon, Idaho and Montana. Through Sterling Savings Bank's wholly owned subsidiaries, Action Mortgage Company and INTERVEST-Mortgage Investment Company, it operates loan production offices throughout the western region. Sterling Savings Bank's subsidiary Harbor Financial Services provides non-bank investments, including mutual funds, variable annuities and tax-deferred annuities and other investment products through regional representatives throughout Sterling Savings Bank's branch network.

Golf Savings Bank is a Washington State-chartered and FDIC insured savings bank. Golf Savings Bank's primary focus is the origination of single-family residential mortgage loans.

Investor Contact: Sterling Financial Corporation Daniel G. Byrne EVP, Chief Financial Officer (509) 458-3711

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