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Cascade Financial To Present at Keefe, Bruyette & Woods 2003 Community Bank Investors Conference.


Business Editors

EVERETT, Wash.--(BUSINESS WIRE)--July 21, 2003

Cascade Financial Corp. (Nasdaq:CASB CASB Cost Accounting Standards Board
CASB Colorado Association of School Boards
CASB Canadian Aviation Safety Board
CASB Catalogs and Surveys Branch
CASB Chinese Association at Stony Brook
CASB Council for the Advancement of Small Business
) today announced that Carol K. Nelson, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and Lars Johnson, CFO See Chief Financial Officer. , are scheduled to present at the Keefe Bruyette & Woods fourth annual Community Bank Investors Conference, taking place at the Metropolitan Club in New York on July 29th through July 31st.

Management will review the company's performance history and strategies for building a first-class commercial banking team, expanding its branches and enhancing services to gain market share and generate strong profits. Cascade will report second quarter 2003 results on July 22 and will host a conference call on July 23 at 10:00 a.m. PDT PDT
abbr.
Pacific Daylight Time


PDT Pacific Daylight Time

PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del PacĂ­fico

PDT 
. On April 22, 2003, the bank reported first quarter net income rose 25% to $2.3 million, or $0.34 per diluted share, compared to $1.8 million, or $0.28 per diluted share for the same quarter last year.

The company is scheduled to present in New York on Thursday, July 31st at 11:20 a.m. EDT EDT
abbr.
Eastern Daylight Time


EDT Eastern Daylight Time

EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York

EDT 
, and a live, audio-only, webcast will be available on the Cascade Bank website at www.cascadebank.com. Institutional investors can access the presentation at www.streetevents.com. A replay of the presentation will be available at Cascade's website.

About Keefe Bruyette & Woods

Founded in 1962 and 100% employee-owned, Keefe Bruyette & Woods is an institutionally oriented securities broker/dealer and full service investment bank that specializes in the financial services sector and is recognized as a leading authority for financial services companies. For more information on the company or the conference, please visit www.kbw.com.

About Cascade Financial

Established in 1916, Cascade Bank, the only operating subsidiary of Cascade Financial Corporation, is a state chartered commercial bank headquartered in Snohomish County, Washington Snohomish County is a county located in the U.S. state of Washington. It is named after the Snohomish tribe. Since 2000, the county's population has grown from 606,024 to 686,300 residents (2007 figures), making it one of the fastest-growing in the state, ranking third in overall . Cascade's vision is to be the preferred community bank whose employees build relationships to deliver financial solutions with exceptional service. The bank has been locally managed for more than 87 years and has an "Outstanding" Community Reinvestment Act Community Reinvestment Act (CRA)

Enacted by Congress in 1977, the CRA encourages banks to help meet the credit needs of their communities for housing and other purposes, particularly in neighborhoods with low or moderate incomes, while maintaining safe and sound operations.
 rating for serving the credit needs of the local community. Cascade Bank operates 15 full service offices, located in Everett, Lynnwood, Marysville, Mukilteo, Smokey Point, Issaquah, Clearview, Woodinville, Lake Stevens, and Bellevue.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 21, 2003
Words:362
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