Bank of the Cascades

June 18, 2008

PORTLAND AND SALEM AREA NONPROFITS RECEIVE $110,000 FROM BANK OF THE CASCADES

BEND, Ore. — More than 30 Portland and Salem-area nonprofit organizations have received funding from the 2008 Bank of the Cascades corporate philanthropy program as of June 1.

The bank’s contributions give priority to nonprofit organizations that support or benefit low and moderate income individuals and families, and serve nonprofit organizations that address issues in community development, education, arts, environment, youth, seniors and human services.

In the greater Portland and Salem areas, the bank donated $110,475 to 31 nonprofits. Some of the recipients in Salem include: YWCA of Salem, Keizer Chamber of Commerce, Salem Art Association, Willamette Valley Hospice and Salem-Keizer Education Foundation.

Some of the recipients in Portland include: Willamette Valley Development Officers, Multnomah Bar Association, Pacific Northwest College of Art, Friends of the Children, Achievement Rewards for College Scientists, YMCA of Columbia Willamette, Camp Fire USA, Hands on Greater Portland, Good Samaritan Foundation, Loaves & Fishes and Concordia University Foundation.

“Corporate giving is an integral part of our culture,” said Walt Krumbholz, EVP & Northwest regional manager. “Despite today’s challenging economy, we are committed to maintaining our support of community organizations who seek to make life better for all of us here in Portland and Salem.”

The thirty-year old Bank of the Cascades focuses contributions in areas served by its 33 branches including Central Oregon, Southern Oregon, Portland/Salem and the Boise/Treasure Valley.

Complete information about the Bank of the Cascades corporate philanthropy program, with detailed instructions for nonprofits seeking grants is available at www.botc.com.

About Bank of the Cascades
Cascade Bancorp is the bank holding company for its principal subsidiary, Bank of the Cascades. Headquartered in Bend, Oregon, Bank of the Cascades focuses on delivering personalized relationship banking, competitive financial products, and advanced technology applied for the convenience of customers. Founded in 1977, Bank of the Cascades offers full-service community banking through 33 branches in Central Oregon, Southern Oregon, Portland/Salem and Boise/Treasure Valley. The Bank has been rated among the top performing banks in the nation for the ninth consecutive year by Independent Community Bankers of America, is included in the top 10 most successful companies in the annual Seattle Times Northwest 100, as well as being named the 2007 top community bank in the Northwest by US Banker Magazine. Cascade Bancorp is also among the top “Best 100 Companies to Work for in Oregon, 2008,” compiled by Oregon Business Magazine. And recently, Bank of the Cascades was named by the Business Journal as one of Oregon’s Most Admired Companies in the Financial Services category, as chosen by Oregon CEOs. For further information visit the company’s web site at www.botc.com.

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CONTACT
Patricia L. Moss, CEO, Bank of the Cascades
President & CEO, Cascade Bancorp (541) 385-6205
Fran Willis, Vice President Marketing, Bank of the Cascades
(541) 330-7529, fwillis@botc.com


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June 18, 2008 PORTLAND AND SALEM AREA NONPROFITS RECEIVE $110,000 FROM BANK OF THE CASCADES BEND, Ore. — More than 30 Portland and Salem-area nonprofit organizations have received funding from the 2008 Bank of the Cascades corporate philanthropy program as of June 1. The bank’s contributions give priority to nonprofit organizations that support or benefit low and moderate income individuals and families, and serve nonprofit organizations that address issues in community development, education, arts, environment, youth, seniors and human services. In the greater Portland and Salem areas, the bank donated $110,475 to 31 nonprofits. Some of the recipients in Salem include: YWCA of Salem, Keizer Chamber of Commerce, Salem Art Association, Willamette Valley Hospice and Salem-Keizer Education Foundation. Some of the recipients in Portland include: Willamette Valley Development Officers, Multnomah Bar Association, Pacific Northwest College of Art, Friends of the Children, Achievement Rewards for College Scientists, YMCA of Columbia Willamette, Camp Fire USA, Hands on Greater Portland, Good Samaritan Foundation, Loaves & Fishes and Concordia University Foundation. “Corporate giving is an integral part of our culture,” said Walt Krumbholz, EVP & Northwest regional manager. “Despite today’s challenging economy, we are committed to maintaining our support of community organizations who seek to make life better for all of us here in Portland and Salem.” The thirty-year old Bank of the Cascades focuses contributions in areas served by its 33 branches including Central Oregon, Southern Oregon, Portland/Salem and the Boise/Treasure Valley. Complete information about the Bank of the Cascades corporate philanthropy program, with detailed instructions for nonprofits seeking grants is available at www.botc.com. About Bank of the Cascades Cascade Bancorp is the bank holding company for its principal subsidiary, Bank of the Cascades. Headquartered in Bend, Oregon, Bank of the Cascades focuses on delivering personalized relationship banking, competitive financial products, and advanced technology applied for the convenience of customers. Founded in 1977, Bank of the Cascades offers full-service community banking through 33 branches in Central Oregon, Southern Oregon, Portland/Salem and Boise/Treasure Valley. The Bank has been rated among the top performing banks in the nation for the ninth consecutive year by Independent Community Bankers of America, is included in the top 10 most successful companies in the annual Seattle Times Northwest 100, as well as being named the 2007 top community bank in the Northwest by US Banker Magazine. Cascade Bancorp is also among the top “Best 100 Companies to Work for in Oregon, 2008,” compiled by Oregon Business Magazine. And recently, Bank of the Cascades was named by the Business Journal as one of Oregon’s Most Admired Companies in the Financial Services category, as chosen by Oregon CEOs. For further information visit the company’s web site at www.botc.com. ### CONTACT Patricia L. Moss, CEO, Bank of the Cascades President & CEO, Cascade Bancorp (541) 385-6205 Fran Willis, Vice President Marketing, Bank of the Cascades (541) 330-7529, fwillis@botc.com