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Local News

Bank of the Cascades A Well Capitalized Bank


Bank of the Cascades has received a much needed financial shot in the arm. Cascade Bancorp, the parent corporation of Bank of the Cascades, raised $177-million of capital by sales of common stock to private investors. Patricia Moss of Cascade Bancorp says she is very pleased with the sale and says their capital ratios now exceed the benchmark for a "well capitalized" bank.


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