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Profits Rise At Bank Of The Cascades

Reeves Appointed Chief Banking Officer



Zink has also announced that Charles "Chip" Reeves has been appointed to serve as Executive Vice President and Chief Banking Officer of Bank of the Cascades. In this role, Reeves will spearhead the Bank's lending, deposit, and branch banking teams toward increased commercial and consumer banking business across our footprint.  "Chip is an outstanding banker and community leader" said Zink. "I look forward to his leadership and impact as we build a strong community bank for our customers and shareholders."

Reeves brings over 20 years of banking and financial expertise to the position.  He most recently served as Executive Vice President at Fifth Third Bank, a $115 billion bank in the Midwest.  Reeves holds a Bachelor of Arts from Miami University in Oxford, Ohio. Throughout his career Reeves has been actively involved with community and industry leadership programs, including serving on the Board of Directors for several organizations. He is relocating to Bend with his wife Michelle and their four children.



About Cascade Bancorp and Bank of the Cascades



Cascade Bancorp (NASDAQ: CACB), headquartered in Bend, Oregon, and its wholly owned subsidiary, Bank of the Cascades, operate 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. The Bank has a business strategy that focuses on delivering the best in community banking for the financial well-being of customers and shareholders. It executes its strategy through the consistent delivery of full relationship banking focused on attracting and retaining value-driven customers. For further information, please visit our website at www.botc.com.

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