Cascade Bank expands Mount Vernon office.EVERETT, Wash.--(BUSINESS WIRE)--Oct. 11, 1996--Cascade Bank has approval from the Office of Thrift Supervision The Office of Thrift Supervision (OTS) was established as a bureau of the Treasury Department in August 1989 as part of a major Reorganization Plan of the thrift regulatory structure mandated by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) (12 U.S.C.A. to expand its Mount Vernon Mount Vernon, estate, United States Mount Vernon, NE Va., overlooking the Potomac River near Alexandria, S of Washington, D.C.; home of George Washington from 1747 until his death in 1799. office, making it the bank's ninth full-service branch. Cascade Bank has been a leading lender in Skagit County since 1990, and now will offer customers full service banking at its convenient 1725 Continental Place location. In addition to home loans, the bank specializes in value-added and free checking products, high-earning Certificates of Deposits, Money Market and knowledgeable Individual Retirement Account service. Vice President Charlie Guildner said, "We're delighted to offer full-service banking to Skagit County. Our customers have been wanting Cascade's style of local banking for some time. Plus, we will now be able to offer loan customers enhanced benefits such as rate discounts for preauthorized payment Preauthorized payment Accelerating cash inflows by directly charging a customer's bank account with permission. ." Cascade Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , FSB (FrontSide Bus) See system bus. FSB - front side bus recently changed its name to Cascade Bank to better reflect the wide range of services offered. Chartered in 1916, this is Cascade's 80th year serving the needs of local customers. The bank has full-service offices in Arlington, Marysville, Everett, Mukilteo, Lynnwood, Bellevue and Issaquah, plus a loan center in Bellingham. CONTACT: Cascade Bank, Everett Charlie Guildner, 360/424-4655 |
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