Golf Savings Bank Opens New Offices in Portland and Vancouver

Despite economy, Golf Savings Bank continues to grow and now has over 30 mortgage lending offices in the Northwest.

Mountlake Terrace, Wash. â€” Golf Savings Bank, a leading originator of residential home loans, today announced the opening of new mortgage offices in Portland, Oregon, and Vancouver Washington. The Portland Office is located at 9756 SW Barnes Road, Suite 460. The Vancouver location is at 7720 NE Vancouver Mall Drive. Golf now has over 30 mortgage offices in the states of Washington, Oregon, Idaho and Montana. "A key component of Golf's growth strategy is to open offices in new territories within our existing footprint as well as to expand operations in existing markets," said Donn Costa, executive vice president of Golf Savings Bank. "Golf has been operating in the Northwest since 1981. As a local lender, we understand our markets and our clients. Our reputation has enabled us to selectively recruit talented loan officers for new offices," Costa added. About Golf Savings Bank Golf Savings Bank's primary focus is the origination of high-quality residential home loans within a network of over 30 loan offices located throughout the Pacific Northwest. Golf Savings Bank offers affordable loan programs and products to homebuyers, including many first-time and low- to moderate-income buyers. Headquartered north of Seattle, Golf Savings Bank is a federally insured, Washington-state chartered savings bank. It is a wholly owned subsidiary of Sterling Financial Corporation (NASDAQ: STSA). Please visit at www.golfsavingsbank.com for more information. Contact: Mary Linton, VP Regional Manager, 503.726.3852, mlinton@golfsavingsbank.com Media Contact: David Watkins, 425.582.7622, david@teamwatkins.com

# # #

Full service advertising and public relations company. We create campaigns for consumer and business to business companies.