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Cashmere Valley Bank

History:

Cashmere Valley Bank was established September 24, 1932 by two brothers, Hy W. Rieke and H.H. Rieke, who moved to Cashmere after selling their interest in another bank in Odessa, Washington. Cashmere was chosen as the site to begin their new bank because the community was without a financial institution after the failure of two banks during the beginning of the Great Depression.

From the mid 1970s to the early 1990s, Cashmere Valley Bank opened 5 new branches to better serve the Wenatchee, Leavenworth and East Wenatchee communities.

Today, Cashmere Valley Bank has grown to include branches in Ellensburg, Cle Elum and Chelan with a Loan Production Office in Yakima, and a Municipal Banking office in Bellevue.

In addition to traditional financial services the bank also offers:

Insurance Services though our Mitchell, Reed Insurance

Investment Services through Freedom Financial Advisors

Mortgage Services through Cashmere Valley Mortgage

Equipment Lease Financing

Auto and Marine Dealer Financing

Contract Servicing and Purchasing

The success of Cashmere Valley Bank is the result of maintaining a high level of personal service and controlling expenses so our fees and charges offer our customers the best value available. We remain committed to those principals that we feel are best summarized as, “the little Bank with the big circle of friends.”

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