Bank of the Cascades announced Thursday that it is pledging to make a billion dollar’s worth of loans to small businesses and other customers in its Oregon and Idaho markets over the next three years.
New CEO Terry Zink, who recently took over the leadership of the Bend-based Bank from longtime CEO Patti Moss, said in a press release that the decision to commit to the aggressive lending strategy was based on the bank’s belief that increased lending is key to the region’s economic recovery.
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