Tag Archives: Opus Bank

Cascade Shareholders Approve Merger with Opus Bank of California, Opus Ready to Lend

June 1, 2011

Comments Off on Cascade Shareholders Approve Merger with Opus Bank of California, Opus Ready to Lend

Shareholders of Cascade Financial and Cascade Bank voted yesterday to approve the merger and acquisition by Opus Bank which is based in Irvine, California. Here’s what the new owner, Stephen H. Gordon, Chairman and Chief Executive Officer of Opus Bank, had to say… “I look forward to the receipt of the necessary regulatory approvals, closing […]

Continue reading...

It’s D-Day for Cascade Financial-Cascade Bank and Opus Bank of California Merger

May 31, 2011

Comments Off on It’s D-Day for Cascade Financial-Cascade Bank and Opus Bank of California Merger

Cascade Shareholders will meet at Comcast arena today at 3pm Shareholders who did not vote by proxy or phone will meet at 3pm this afternoon at Comcast Arena Everett. It’s 45 cents a share or likely nothing as shareholders vote on whether or not to approve a takeover of Cascade Financial and Cascade Bank by […]

Continue reading...

Another Everett Bank Sold To California…Cascade Bank to be Taken Over By Opus Bank

March 4, 2011

Comments Off on Another Everett Bank Sold To California…Cascade Bank to be Taken Over By Opus Bank

Cascade joins Frontier in becoming another California owned company. Here’s the Press Release… Cascade Financial and Opus Bank Sign Definitive Merger Agreement Company Release – 03/04/2011 17:00 Transaction Creates Highly-Capitalized Bank Serving Washington State EVERETT, Wash., March 4, 2011 (GLOBE NEWSWIRE) — Cascade Financial Corporation (“Cascade Financial”) (Nasdaq:CASB), parent company of Cascade Bank, today announced […]

Continue reading...