Bank-owned homes being held off the market 
POSTED: Wednesday, April 18, 2012 at 09:52 AM PTBY: Brad Carlson
Tags: Bank of the Cascades, banking, Housing, Residential Real Estate
The number of bank-owned homes listed for sale through southwest Idaho’s multiple listing service dropped 17.3 percent from February 1 through the end of March, Idaho Data Providers said in a report. Listings of bank “real estate owned” homes, or REOs, dropped from 1,176 to 973 during the period. “This fact is worth mentioning since [...]
Banking on Treasure Valley’s businesses and non-profits
POSTED: Wednesday, May 4, 2011 at 06:28 AM PTBY: IBR Contributor
Tags: Bank of the Cascades, Michael Mooney
Bank of the Cascades is welcoming the spring season with a renewed sense of confidence and optimism following the recent completion of a successful $177 million capital raise. We are very pleased to exceed all regulatory guidelines for “well capitalized” as we move forward to offer the advantages of community banking to business owners and [...]
Cascade Bancorp works out deal to raise $177M
POSTED: Wednesday, November 17, 2010 at 03:19 PM PTBY: Simon Shifrin
Tags: Bank of the Cascades, Cascade Bancorp
Cascade Bancorp wrapped up a deal with a group of investors that will bring in $177 million, a move that should halt the company’s capital problems. The Bend, Ore., bank holding company, parent of Bank of the Cascades, finalized agreements to raise the money through sales of common stock. The company originallysigned an agreement in [...]
Parker named assistant V.P., branch manager at bank
POSTED: Wednesday, October 13, 2010 at 01:19 PM PTBY: IBR Staff
Tags: Bank of the Cascades, Kelly Parker
Bank of the Cascades has named Kelly Parker assistant vice president, assistant branch manager at the bank’s Meridian branch at 30 E. Broadway. In her new position, Parker oversees day-to-day operations of the branch, as well as business development and customer relationship management. She is a graduate, with honors, of Washington State University and a [...]
LaPrath named Eagle branch manager for Bank of Cascades
POSTED: Wednesday, September 22, 2010 at 08:33 AM PTBY: IBR Staff
Tags: Bank of the Cascades, Lee LaPrath
Lee LaPrath has joined Bank of the Cascades and will work as manager of the bank’s Eagle office at 1101 E. Winding Creek Road. In his new position, LaPrath will oversee the day-to-day operations of the branch. In addition he will be responsible for business development activities and deposit portfolio management. He brings more than [...]
USDA Rural Development uses up stimulus money for loans – quickly
POSTED: Thursday, May 13, 2010 at 12:09 PM PTBY: Brad Carlson
Tags: Bank of the Cascades, City of Caldwell, stimulus funds, U.S. Small Business Administration, USDA
USDA Rural Development on April 30 exhausted its $1.5 billion in American Reinvestment and Recovery Act funding targeted for its Business and Industry loan guarantee program. The economic-stimulus money enabled the agency to increase its loan backing from 80 percent to 90 percent – making some businesses more bankable in a tough economy – and [...]
