Exhibit 10.2



 Exhibit 10.2 
 FEDERAL DEPOSIT INSURANCE CORPORATION 
 WASHINGTON, D.C. 
 WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS 
 OLYMPIA, WASHINGTON 
  

					
		  	)	  	 STIPULATION AND CONSENT
 TO THE ISSUANCE
 OF AND ORDER
 TO CEASE AND DESIST
  
 Docket
FDIC-09-144b

		  	)	  
	In the Matter of	  	)	  
		  	)	  
	AMERICANWEST BANK	  	)	  
	SPOKANE, WASHINGTON	  	)	  
		  	)	  
	(INSURED STATE NONMEMBER BANK)	  	)	  
		  	)	  
		  	)	  	

 Subject to the acceptance of this STIPULATION AND CONSENT TO THE ISSUANCE OF AN ORDER TO CEASE AND
DESIST (“CONSENT AGREEMENT”) by the Federal Deposit Insurance Corporation (“FDIC”) and the Washington Department of Financial Institutions (“WDFI”), it is hereby stipulated and agreed by and between a representative of
the Legal Division of FDIC, a representative of the WDFI, and AmericanWest Bank, Spokane, Washington (“Bank”), as follows: 
 1.
The Bank has been advised of its right to receive a NOTICE OF CHARGES AND OF HEARING (“NOTICE”) detailing the unsafe or unsound banking practices and violations of law alleged to have been committed by the Bank and of its right to a public
hearing on the alleged charges under section 8(b)(1) of the Federal Deposit Insurance Act (“Act”), 12 U.S.C. § 1818(b)(1), and § 30.04.450 of the Revised Code of Washington (“RCW”), and has waived those rights.

 2. The Bank, solely for the purpose of this proceeding and without admitting or denying any of the alleged charges of unsafe or unsound
banking practices and any violations of law, hereby consents and agrees to the issuance of an ORDER TO CEASE AND DESIST 








 
(“ORDER”) by the FDIC and the WDFI. The Bank further stipulates and agrees that such ORDER will be deemed to be an order which has become final
under the Act and the RCW, and that said ORDER shall become effective upon its issuance by the FDIC and the WDFI, and fully enforceable by the FDIC and the WDFI pursuant to the provisions of the Act and the RCW. 
 3. In the event the FDIC and the WDFI accepts the CONSENT AGREEMENT and issues the ORDER, it is agreed that no action to enforce said ORDER in the United
States District Court will be taken by the FDIC, and no action to enforce said ORDER in State Superior Court will be taken by the WDFI, unless the Bank or any institution-affiliated party, as such term is defined in section 3(u) of the Act, 12
U.S.C. § 1813(u), has violated or is about to violate any provision of the ORDER. 
 4. The Bank hereby waives: 
 (a) The receipt of a NOTICE; 
 (b) All defenses in this proceeding; 
 (c) A public hearing for the purpose of taking
evidence on such alleged charges; 
 (d) The filing of Proposed Findings of Fact and Conclusions of Law; 
 (e) A recommended decision of an Administrative Law Judge; and 
 (f) Exceptions and briefs with respect to such recommended decision. 
 Dated: May 8, 2009 
  

									
	 FEDERAL DEPOSIT INSURANCE
 CORPORATION, LEGAL
DIVISION
	 		 	 AMERICANWEST BANK
 SPOKANE,
WASHINGTON

					
	BY:	 	/s/ Iván Cintrón	 		 	BY:	 	/s/ Douglas K. Anderson
		 	Iván Cintrón	 		 		 	Douglas K. Anderson
		 	Deputy Regional Counsel	 		 		 	

  

 - 2 - 









									
	WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS	 		 	
					
	BY:	 	/s/ Brad Williamson	 		 		 	/s/ J. Frank Armijo
		 	Brad Williamson	 		 		 	J. Frank Armijo
		 	Director	 		 		 	
					
		 		 		 		 	/s/ Carolyn K. Carnes
		 		 		 		 	Carolyn K. Carnes
					
		 		 		 		 	/s/ Craig D. Eerkes
		 		 		 		 	Craig D. Eerkes
					
		 		 		 		 	/s/ H. Don Norton
		 		 		 		 	H. Don Norton
					
		 		 		 		 	/s/ Patrick J. Rusnak
		 		 		 		 	Patrick J. Rusnak
					
		 		 		 		 	/s/ Donald H. Swartz
		 		 		 		 	Donald H. Swartz
					
		 		 		 		 	/s/ P. Michael Taylor
		 		 		 		 	P. Michael Taylor
					
		 		 		 		 	
		 		 		 		 	 Comprising the Board of Directors of
 AmericanWest
Bank,

		 		 		 		 	Spokane, Washington

  

 - 3 -