EXHIBIT 99
WESTERFED FINANCIAL CORPORATION ANNOUNCES
INCREASED QUARTERLY DIVIDEND
Missoula, Montana - September 28, 2000 - WesterFed Financial Corporation (NASDAQ -
WSTR), the holding company for Western Security Bank, announced it will pay a regular cash
dividend of $0.175 per share for the quarter ended September 30, 2000. The $0.175 per share will
be payable on October 26, 2000 to stockholders of record on October 12, 2000. The regular
quarterly cash dividend of $0.175 represents an increase of 2.94% over the prior quarter's regular
cash dividend of $0.170 per share. The WesterFed Financial Corporation has increased regular cash
dividends every quarter since becoming a public company.
WesterFed Financial Corporation's only subsidiary, Western Security Bank, which is Montana's
largest savings bank, operates twenty-seven offices in fourteen Montana communities.
CONTACT: Ralph K. Holliday, President/CEO
James A. Salisbury, EVP/Treasurer/CFO
(406) 721-5254