Cascade Bancorp

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Bank of the Cascades is the principal subsidiary of Cascade Bancorp (NASDAQ: CACB). [1] Headquartered in Bend, Oregon, it was founded in 1977. [2] It co-sponsored the Bank of the Cascades Center, a 4,000-seat arena in Redmond, Oregon. It announced in 2016 it would be acquired by First Interstate BancSystem of Montana for $589 million. [3] The acquisition was completed May 30, 2017. [4]

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References

  1. "NASDAQ: Cascade Bancorp Common Stock Quote".
  2. "Cascade Bancorp Company Profile - Portland Business Journal". Company Profiles. Portland Business Journal. Retrieved 18 November 2016.
  3. Kish, Matthew (November 17, 2016). "Oregon's second-largest bank (NSADAQ: CACB) to be sold for $589 million - Portland Business Journal". Portland Business Journal. Retrieved 18 November 2016.
  4. "First Interstate Bank Completes Acquisition of Cascade Bancorp".