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Commercial banks

Sterling Savings Bank Appoints William R. Basom as Vice President/Treasurer

Strategic Insights

— 1 min read

Harold B. Gilkey, Chairman and CEO of Sterling Savings Bank, has appointed William R. Basom to the position of Vice President/Treasurer. Basom will oversee Sterling's Accounting Department and coordinate with the presidents of Sterling's subsidiaries, as well as the Treasury Department, to manage asset and liability pricing and implement a profitability system. With over 30 years of experience in the financial services industry, Basom brings a wealth of knowledge to this role. He has held various positions, including Senior Vice President and Chief Financial Officer at Citizens Community Bank and Senior Vice President and Manager: Corporate Funds Management at US Bancorp.

Key Takeaways:

  • William R. Basom has been appointed as the Vice President/Treasurer of Sterling Savings Bank, reporting directly to Daniel G. Byrne, Senior Vice President and Chief Financial Officer.
  • Basom will oversee the Accounting Department and coordinate with the presidents of Sterling's subsidiaries to manage asset and liability pricing and implement a profitability system.
  • Basom brings over 30 years of experience in the financial services industry to this role, having held various positions at institutions such as Citizens Community Bank and US Bancorp.
  • Basom holds a Bachelor of Business Administration in Accounting from Idaho State University and attended the Graduate School of Bank Administration at the University of Wisconsin.
  • Basom has been involved in various community organizations, including the Treasure Valley Chapter of the Bank Administration Institute and the National Association of Accountants.
  • Sterling Savings Bank is a Washington State-chartered, federally insured stock savings association with branches throughout the Pacific Northwest.
  • Sterling Savings Bank is a subsidiary of Sterling Financial Corporation (Nasdaq: STSA), a savings and loan holding company based in Spokane, Washington.

Statistics:

  • Basom has over 30 years of experience in the financial services industry.
  • Basom has held 7 high-level positions at various financial institutions.
  • Sterling Savings Bank has branches throughout Washington, Idaho, northwestern Oregon, and western Montana.
  • Sterling Financial Corporation (Nasdaq: STSA) is a savings and loan holding company based in Spokane, Washington.
  • Basom has received various degrees and certifications, including a Bachelor of Business Administration in Accounting from Idaho State University and attendance at the Graduate School of Bank Administration at the University of Wisconsin.

Sources:

  • Betsy Newman, Sterling Financial Corporation, 509-358-6201.
  • UPI Newswire, January 7.
  • The Spokane Chronicle, January 8.
  • Nasdaq, Sterling Financial Corporation.

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