The group's principal activity is to provide banking and other financial services. A holding company for the cascade bank and cascade capital trust i, the group accepts checking accounts, interest bearing accounts and originates business, real estate and consumer loans. The group markets annuity products, mutual funds and insurance products to customers and non-customers in the bank's market areas. The cascade capital trust has issued trust preferred and common securities and used the proceeds to acquire the group's junior subordinated debentures. The group serves its customers from fifteen full service offices, ten in snohomish county and five in king county. On 03-Jun-2004, the group acquired issaquah bancshares.
