If Julie Miller, Bank of the Cascades executive vice president and Oregon regional president, only had one word to describe the company, she would use the word “community.”
Bank of the Cascades was started in 1977 by a group of local business leaders in Central Oregon that wanted to create a financial institution that understood what it meant to support a community.
“The idea of supporting and investing in the community is instilled in our culture today,” Miller said. “We are the only bank headquartered in Central Oregon, and the largest community bank headquartered in Oregon. This means that the core of the organization is local, and we understand what matters to local business owners and families.”
Bank of the Cascades is committed to a business strategy that focuses on delivering the best in community banking through relationship banking, competitive financial products and advanced technology applied for the convenience of customers. Customers benefit from a comprehensive line of business, professional and personal banking services as well as mortgage loans, trust and investment services. The bank is experienced in serving corporate entities that include legal and healthcare, nonprofits, small businesses and municipalities.
The company has experienced years of organic growth, entering new markets and prospecting new businesses and individuals, in addition to growth through acquisitions and mergers. There are 11 branches in Central Oregon and another 26 branches throughout southern Oregon, Willamette Valley, Portland and southwest Idaho, along with a commercial lending office we recently opened in Seattle. The number of employees has grown from two in 1977 to approximately 450 employees today. And the recent announcement of the Bank of American purchase, subject to regulatory approval, will add 15 locations across Oregon and Southwest Washington, along with new employees and customers.
“As an organization headquartered in Bend, our growth allows us to reinvest more into our Oregon communities,” Miller said.
Of Bank of the Cascades’ employee base, approximately 250 employees live in Central Oregon.
“We have an amazing team of bankers that are high performing, and that truly care about their colleagues, their customers and their community. It may sound corny but we are like a big family,” she said.
Throughout its history, the bank has been recognized for its long-standing tradition of corporate philanthropy. The bank’s goal is to provide value beyond that of a typical banking relationship.
“We have built an organization that has helped families buy their first home. We have helped businesses grow, and we have helped those in need throughout our community,” Miller said. “When you bank with Bank of the Cascades, you’re supporting a local business, and you’re helping us give back to the community.”