EVERETT, Wash., July 24, 2007 (PRIME NEWSWIRE) -- Cascade Financial Corporation (Nasdaq:CASB), parent company of Cascade Bank, today announced that Carol K. Nelson, President and CEO, and Lars Johnson, EVP and CFO, are scheduled to present at the Keefe, Bruyette & Woods Eighth Annual Community Bank Investor Conference in New York. Cascade's presentation is on Tuesday morning, July 31, 2007, at 5:30 a.m. PDT (8:30 a.m. EDT). The live and archived presentation can be viewed at www.cascadebank.com or 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 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.
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 June 2007, Cascade was ranked No. 44 on the Seattle Times' Northwest 100, list of public companies. In September 2006, US Banker magazine named President and CEO Carol Nelson one of 25 Women to Watch in the industry. Ryan Beck & Co. ranked CASB No. 56 on its list of top performing bank stocks nationally, based on a five-year total return.
About KBW
KBW, Inc. through its subsidiaries Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and KBW Asset Management, is a full-service investment bank specializing in the North American and European financial services sectors. Founded in 1962, the firm is widely recognized as a leading authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors.