Sterling Bank Launches Business Online Payroll

Sterling Bank, the principal operating subsidiary of Sterling Financial Corporation (NASDAQ:STSA), is launching an affordable, full-featured online payroll service within the bank’s Business Online Banking solution. Business Online Payroll now offers customers an easy online way to process payroll in a simple three-step process. Business Online Payroll takes care of everything, including paying employees and payroll taxes.

“Our business customers are important to us, and we are pleased to offer a robust and affordable payroll service within our Business Online Banking solution,” said Patricia Baughman, SVP and product management and market research executive at Sterling Bank. “Once enrolled, customers simply sign on to the bank’s Business Online Banking solution, enter their payroll data and they are finished. The service automatically handles depositing and filing of payroll taxes, pays employees by direct deposit and sends both the business and employees email confirmations.”

With Business Online Payroll, customers get:
  • An easy-to-use interface
  • Automatic payroll tax calculating, filing and payment
  • Free direct deposit or the ability to self-print checks from their office
  • Online W2s and 1099s for the business and employees
  • Integrated HR tools and compliance resources
  • Secure 24/7 access through Sterling Business Online Banking
  • Unlimited access to payroll experts either online or six days a week by phone

Business Online Payroll represents a great value. Pricing includes payroll processing, tax filings and payments, direct deposit, W2s plus more. For additional details, visit www.bankwithsterling.com/businessonlinepayroll.

Baughman added, “Keeping a business running successfully isn’t easy when bombarded with financial and administrative details, like managing payroll. Our Business Online Banking with this payroll service allows our customers to focus on successfully running their businesses and save up to 50 percent compared to traditional payroll services.”

For more information about the full suite of Sterling business banking solutions, visit

www.BankWithSterling.com.

About Sterling Bank

Sterling Savings Bank, the principal operating subsidiary of Sterling Financial Corporation (NASDAQ:STSA) of Spokane, Washington, is a Washington state chartered and federally insured commercial bank. Sterling Savings Bank does business as Sterling Bank in Washington, Oregon and Idaho and as Argent Bank in California, offering banking products and services, mortgage lending, and trust and investment products to individuals, small businesses, corporations and other commercial organizations. As of Dec. 31, 2013, Sterling Financial Corporation had assets of $10.3 billion and operated depository branches in Washington, Oregon, Idaho and California. Visit Sterling Bank’s website at www.bankwithsterling.com.

Copyright Business Wire 2010

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