Bank of the Cascades will likely have to close branches next year after its parent company acquires Idaho-based Home Federal Bank, a company official said Wednesday during a conference call.Terry Zink, bank president and CEO, said the Home Federal purchase, expected to be finalized by late March, would leave 50 percent of Bank of the Cascades’ branches within one half-mile of another branch.
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Thu, 11/14/2013 - 5:00am
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