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Feds remove order from Sterling Savings Bank (access required)

Sterling Savings Bank officially shook off an order by state and federal regulators Sept. 27 about a month after the bank completed a $730 million recapitalization effort. The Federal Deposit Insurance Corp. and Washington Department of Financial Institutions terminated a consent order with the Spokane-based bank dating from October 2009. The bank raised more money than regulators wanted and ...

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