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]
References
edit- ^ "NASDAQ: Cascade Bancorp Common Stock Quote".
- ^ "Cascade Bancorp Company Profile - Portland Business Journal". Company Profiles. Portland Business Journal. Retrieved 18 November 2016.
- ^ 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.
- ^ "First Interstate Bank Completes Acquisition of Cascade Bancorp".
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