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Northwest Communities Applaud Good News From Local Community Bank

"This is really big news for our communities," said Marty Wynne, Bend Oregon resident who has built a life-long career on the concept of community. As finance director and treasurer for Deschutes County, Marty understands what community banking means to a local economy. It means new or improved facilities, jobs, services and a host of other things that help the community thrive. "It simply makes sense to keep public funds safely working in support of our local community," added Wynne.

Patricia L. Moss, president and CEO of Cascade Bancorp and CEO of Bank of the Cascades firmly believes that local relationships have played a big part in the success of the recent agreements.

"Our customers and communities across Oregon and Idaho have been incredibly supportive of our bank," said Moss.  "Through their loyalty, they have demonstrated that relationships and a commitment to community matter. As we move forward, this investment in our company will allow us to continue our tradition of investing back in our communities. Together we share a future. "

According to Moss, Bank of the Cascades' fundamental business philosophy is based on offering all the products and services customers would find at a big bank while consistently delivering exceptional personalized service and local expertise.

"It's a two-way street," said Robert E McCumber, owner of Installation Parts Supply in Central Point, Oregon. "Our trust and partnership with Bank of the Cascades comes back to us every single day. It's not only the business transactions that take place between us, it's the highly personal service and day-to-day dialogue that we don't believe we would get from a National bank. It's important to me that my money stays local and helps keep our community vibrant and growing."

For more information, or to schedule interviews with Patricia L. Moss, contact Linda Quon at 541.617.1911, 541.610.4317 or lquon@quondc.com.

Cascade Bancorp (Nasdaq: CACB), headquartered in Bend, Oregon and its wholly-owned subsidiary, Bank of the Cascades, operates in Oregon and Idaho markets. Founded in 1977, Bank of the Cascades offers full-service community banking through 32 branches in Central Oregon, Southern Oregon, Portland/ Salem and Boise/ Treasure Valley.

SOURCE Bank of the Cascades

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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