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Cascade Enters Agreements To Sell Assets Associated With Its Two Largest Land Acquisition

By TechAgreements

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Everett, WA ? April 14, 2010 ? Cascade Financial Corporation (NASDAQ:  CASB), parent company of Cascade Bank today announced that it has entered into agreements to sell the assets associated with its two largest land acquisition and development loans, further reducing the Company?s exposure to builder lots designated for residential development.  The two non-performing loans represent the sale of.

Full post as published by TechAgreements on April 15, 2010 (boomark / email).

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