Cascade Bank Announces Plans for New Branch in Shoreline, Washington

Business Wire, Sept 15, 2006

EVERETT, Wash. -- Carol K. Nelson, President and CEO of Cascade Bank, announced today that the Bank plans to open a branch in Shoreline, Washington, in the summer of 2007. The branch will be located at 15235 Aurora Avenue North and will be the 20th Cascade Bank branch.

"We are excited to expand our branch network in north King County and look forward to becoming an integral part of the Shoreline community," said Nelson. The branch will be managed by Jeff King, a 15-year banking veteran and a 12-year resident of Shoreline.

Established in 1916, Cascade Bank, the only operating subsidiary of Cascade Financial Corporation (NASDAQ:CASB), is a state chartered commercial bank headquartered in Everett, Washington. Cascade Bank has served the Puget Sound Region for over 90 years and operates 19 full-service offices located in Everett, Lynnwood, Marysville, Mukilteo, Smokey Point, Issaquah, Clearview, Woodinville, Lake Stevens, Bellevue, Snohomish and North Bend.