Cascade Financial to Present At D.A. Davidson Financial Services Conference


EVERETT, Wash., April 24, 2008 (PRIME NEWSWIRE) -- Cascade Financial Corporation (Nasdaq:CASB), parent company of Cascade Bank, today announced that Cascade's management team is scheduled to present at the D.A. Davidson Tenth Annual Financial Services Conference in Seattle. D.A. Davidson & Co. is a full-service investment firm with offices in 16 states.

Carol K. Nelson, President and CEO, Lars Johnson, EVP and CFO, and Rob Disotell, Chief Credit Officer, are scheduled to present Wednesday morning, May 7, 2008, at 10:15 a.m. PDT. The live and archived presentation can be viewed at www.cascadebank.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 Everett, Washington. Cascade Bank has proudly served the Puget Sound region for over 90 years and operates 20 full service branches in Everett, Lynnwood, Marysville, Mukilteo, Shoreline, Smokey Point, Issaquah, Clearview, Woodinville, Lake Stevens, Bellevue, Snohomish and North Bend. Cascade Bank currently operates a loan production office in Burlington, Washington and will expand its service in Skagit County by opening a full service branch in mid 2008. In July 2007, Cascade was named to Sandler O'Neill's Bank and Thrift Sm-All Stars - Class of 2007, which recognized Cascade as one of the top 24 best performing small capitalization institutions from a field of 610 publicly traded banks and thrifts in the U.S. with market capitalizations less than $2 billion. In making their selections, Sandler focused on growth, profitability, credit quality and capital strength.

In January 2008 Cascade was ranked #10 on Washington CEO magazine's list of Top 25 Washington Banks. In September 2007, U.S. Banker magazine named President and CEO Carol Nelson one of the 25 Most Powerful Women in Banking. In June 2007, Cascade was ranked #44 on the Seattle Times' Northwest 100, a list of public companies.



            

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