Cascade Financial Corp

$38,970,000

Committed

0.2%

of Bank bailout commitment

0.1% >

of total bailout commitment.

Map: Corporate headquarters of Cascade Financial Corp.
Everett, Wash.
See all recipients in Washington

Find a Bailout

Type the name of a bank:

Find bailouts in your state:

About This Project

We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .

Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Our bailout recipient list tracks the companies to which Treasury has committed money.

$16M Payback

Jun. 30, 2011 Partial Repayment

On 6/30/2011, Treasury completed the sale of all Cascade Financial Corporation Preferred Stock held by Treasury and the related Warrant to Opus Acquisition, Inc. ("Opus") for an aggregate purchase price of $16,250,000.00, pursuant to the terms of the agreement between Treasury and Opus entered into on 06/28/2011.

Part of Capital Purchase Program

More info from www.treasury.gov
$487K Revenue

Aug. 17, 2009 Dividends Paid in Aug. 2009

Part of Capital Purchase Program
$942K Revenue

May 31, 2009 Dividends Paid Through 5/31/2009

This amount reflects the sum of dividends paid up to 5/31/2009

Part of Capital Purchase Program
$39M Bailout

Nov. 21, 2008 Purchase - Preferred Stock w/ Warrants

Part of Capital Purchase Program

More info from www.financialstability.gov

Date	Type	Amount	Program	Description
06/30/2011	Refund	$16,250,000	CPP	Partial Repayment
08/17/2009	Dividend	$487,125	CPP	Dividends Paid in Aug. 2009
05/31/2009	Dividend	$941,775	CPP	Dividends Paid Through 5/31/2009
11/21/2008	Purchase	$38,970,000	CPP	Purchase - Preferred Stock w/ Warrants