KBND Logo

 

On Air Now

ON AIR NOW
America's Morning News
4:00am - 5:00am
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Local News


Officials with the Bank of the Cascades are all smiles today. They have successfully completed raising $177-million to bring the bank into a stronger financial position.  Part of that is a cash deposit. “We literally received a wire transfer depositing $150-million in capital into the bank.“ Cascade Bancorp CEO Patty Moss says the federal government considers banks well capitalized if the capital ratio is six percent. This cash infusion brings Bank of the Cascades to 17%. “We are very excited about this. it's obviously a very good thing for the bank, and very good thing for our community....we're ready to go.” Part of the agreement brings three new members to the Board of Cascade Bancorp.

 

Share

 

Traffic & Weather

  • Brookswood Blvd CLOSED >< Pinebrook and Lodgepole Dr. (5/14 - 9/4)
  • Skyline Ranch Road CLOSED behind Summit High School (4/22 - 7/22)
  • Brosterhous Road CLOSED from Parrell Road to Brentwood Avenue (7/3)
  • Lane Closure on Mt. Washington Drive between Archie Briggs Road (7/1)
  • Smoke Stack Lane CLOSED between N.E. Sierra and Comet Lane (7/1)
  • Road Closures in the area of Summit High School for a cycling event 3:45 p.m. - 7: 45 p.m. (July 1, 8, 16, 29)
 
LinkedUpRadio Envisionwise Web Services