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Bank of Marin Bancorp Message Board

  • pvbud pvbud Sep 12, 2005 12:21 PM Flag

    CACB Rating

    Don't know if anyone has confidence in Equity Ratings but, as a matter of information, Schwab has moved Cascade Bank Corp (Bend, Oregon headquarters) from "C" to "B", A "BUY" recommmendation.

    I happen to know this bank and UMPQ well. Cascade is well managed, has a solid, profitable history and has broadened its base moving into Southern Oregon. That move is an interesting story in itself.

    Historically, Oregon's economy has not been the west coast leader, but migration of people and business from California has upgraded Oregon's economy generally.

    CACB is worth a look, in my view.

    PVbud

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