OREANDA-NEWS. December 5, 2007. Cascade Bank announced the Women in Business campaign, addressing women's health and wellbeing, reduced Business Loans rates to Women owned businesses and retail discounts to holders of their new free of charge Affinity ArCa Card.

With immediate effect Cascade Bank offers Women 0.5% reduced rate on Business Loans, with the new rate starting at 11.50%. This offer applies to Business Loan applications presented between December 1, 2007 and March 31, 2008.

The Women in Business Affinity ArCa Card offers women 5%-20% discounts at the following outlets: French Connection, Piccolino, City Spa, Shunch Yoga Center, Star Fashions and Magnolia Perfume.

Cascade Bank has partnered up with the American-Armenian Women’s Wellness Center who offers a 10% discount on all services to card holders. In addition, Cascade Insurance offers a 10% discount from their standard medical insurance premiums and one free scan at the American-Armenian Women’s Wellness Center for new cardholder clients purchasing a Cascade medical insurance policy.

Jonathan Stark, Vice Chairman of the Board of Cascade Bank stated,” Cascade is very pleased to launch this new financial service initiative, designed by women, for women.
It uniquely combines banking and insurance products to address women’s health and wellbeing, encourage female entrepreneurs through preferential loan rates and to provide some rest and relaxation through retail therapy.”

Cascade Bank is 100% owned by Cascade Capital Holdings, which in turn is owned by the U.S. - based Cafesjian Family Foundation.  Cascade Capital Holdings' other operating units include Cascade Credit, Cascade Insurance and Cascade Investments.