Cascade Financial Corporation (Nasdaq:CASB), parent company of Cascade Bank, today announced that it plans to report second quarter 2010 results after the market closes on Wednesday, July 21, 2010. Management will host an analyst call on Thursday, July 22 at 10:00 a.m. PDT (1:00 p.m. EDT) to discuss the results. The call will also be broadcast live via the internet.

Interested investors may listen to the call live or via replay at www.cascadebank.com. Investment professionals are invited to dial (480) 629-9770, using access code 4325841 to participate in the call. A replay will be available for one week at (303) 590-3030, using access code 4325841. 

About Cascade Financial

Established in 1916, Cascade Bank, the only operating subsidiary of Cascade Financial Corporation, is a state chartered commercial bank headquartered in Everett, Washington. Cascade Bank maintains an "Outstanding" CRA rating and has proudly served the Puget Sound region for over 90 years. Cascade Bank operates 22 full service branches in Everett, Lynnwood, Marysville, Mukilteo, Shoreline, Smokey Point, Issaquah, Clearview, Woodinville, Lake Stevens, Bellevue, Snohomish, North Bend, Burlington and Edmonds.

In October 2009, Cascade Bank was named Favorite Snohomish County Company in the fourth annual NW.Jobs.com People's Picks awards. In June 2009, Cascade was ranked #55 on the Seattle Times' Northwest 100 list of public companies. In April 2010, Cascade was ranked #8 on the Puget Sound Business Journal's list of largest bank companies headquartered in the Puget Sound area.

CONTACT:  Cascade Bank
          Investor Contacts:
          Carol K. Nelson, CEO
          Rob Disotell, CCO
          425.339.5500
          www.cascadebank.com
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