Donn joined the 1st Security team as Senior Vice President, Home Lending. He previously held the position of Executive Vice President at Sterling Savings Bank after their merger with Golf Savings Bank in August 2009, where he was also the bank’s Executive Vice President since 2006.
Prior to the merger with Sterling Financial Corporation, Donn was the President of Lynnwood Financial Corporation, the parent company of Golf Savings Bank. He was also a member of Golf’s Board of Directors, serving on the Asset and Liability, Personnel and Lending Committees and held the position of Executive Vice President of Mortgage Lending. Mr. Costa graduated cum laude from Washington State University with a Bachelor’s degree in Business Administration in 1985. He was a loan officer at Phoenix Mortgage Company in Seattle from 1987 to 1994 and consistently made the prestigious President’s Club list.
In 1986, Donn served as a loan officer at Lomas and Nettleton Mortgage Company. He previously served as President of the Washington Mortgage Lenders and the Seattle Mortgage Bankers. Mr. Costa also served on the Advisory Boards of Fannie Mae and Freddie Mac.