Article · Wikipedia archive · Last revised Jul 18, 2026

Cascade Bancorp

Bank of the Cascades is the principal subsidiary of Cascade Bancorp. Headquartered in Bend, Oregon, it was founded in 1977. 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. The acquisition was completed May 30, 2017.

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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

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