Cascade Financial to Present At the Howe Barnes Hoefer & Arnett Community Bank Conference


EVERETT, Wash., Aug. 12, 2008 (PRIME NEWSWIRE) -- Cascade Financial Corporation (Nasdaq:CASB), parent company of Cascade Bank, today announced that Management will present at the Howe Barnes Hoefer & Arnett 13th Annual Community Bank Conference in Chicago. Cascade's presentation is on Wednesday, August 20, 2008, at 8:50 a.m. PDT (10:50 a.m. CDT). The live and archived presentation can be viewed at www.cascadebank.com or www.howebarnes.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 21 full service branches in Everett, Lynnwood, Marysville, Mukilteo, Shoreline, Smokey Point, Issaquah, Clearview, Woodinville, Lake Stevens, Bellevue, Snohomish, North Bend and Burlington.

In June 2008, Cascade was ranked #44 on the Seattle Times' Northwest 100, a list of public companies. 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 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.

About Howe Barnes Hoefer & Arnett

Established in 1915, Howe Barnes Hoefer & Arnett, Inc. is a full service brokerage firm headquartered in Chicago, IL. Its banking department specializes in sales, trading, research, investment banking and asset finance services for community banks and thrifts. Through its private client services department, the firm provides investment advice and products to both individual and institutional customers.



            

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