Patricia L. Moss Announces Plan for Future Retirement as Chief Executive Officer of Cascade Bancorp and Bank of the Cascades

BEND, Ore., July 27, 2011 /PRNewswire/ -- Cascade Bancorp (NASDAQ: CACB) (the "Company") and its wholly-owned subsidiary Bank of the Cascades (the "Bank"), today announced that on Monday, July 25, 2011 Patricia L. Moss, the Chief Executive Officer and President of the Company and Chief Executive Off