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Home > Company Index > Banking > Banking - West > Cascade Financial Corporation

Cascade Financial Corporation
Nasdaq (SC): CASB
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 PROFILE
Cascade Financial is the holding company for Cascade Bank, which operates about 15 full-service branches in the Puget Sound area of Washington. The bank's deposit services include checking, savings, NOW, and money market accounts, as well as certificates of deposit. They are used primarily to originate one- to four family residential mortgage loans (approximately 60% of the bank's portfolio), as well as construction, commercial real estate, business, installment, and land loans. Subsidiary Cascade Investment Services sells annuities, mutual funds, insurance, and reverse mortgages. Founded in 1916, Cascade Bank has converted from a thrift to a commercial bank.

 COMPETITION
EverTrust Financial Group, Inc. (EVRT)
Frontier Financial Corporation (FTBK)
Washington Mutual, Inc. (WM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 50.90
1-Yr. Sales Growth: 24.1%
Employees: 160
Revenue per employee: $318,125.00

 KEY PEOPLE
• Frank M. McCord
    CEO
• Lars Johnson
    CFO

 CONTACT INFO
2828 Colby Ave.
Everett, WA 98201
US
Phone: 425-339-5500
Fax: 425-259-8512
Online: Web Site

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