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Cashmere Valley Bank

Full company profile

uuid000esj6

Namestring
Cashmere Valley Bank
Legal namestring
Cashmere Valley Bank
Websiteurl
cashmerevalleybank.com
Company typeenum
Public
Founded yearint
1932
Descriptiontext

Cashmere Valley Bank is a publicly traded, full-service community bank headquartered in Cashmere, Washington, founded in 1932 and serving Chelan, Douglas, Kittitas, and Yakima Counties in Central Washington. It operates as a horizontal banking institution offering a comprehensive suite of deposit products (checking, savings, youth accounts, and CDs with terms from 3 months to 7 years), lending products (personal loans, mortgages, home equity, commercial real estate, commercial loans, operating lines of credit, small business loans, equipment finance, and credit cards), and ancillary services (treasury management, merchant processing, Positive Pay, ACH Positive Pay, and CVB Rewards debit rewards). Distribution combines physical branches across the three-county region with online banking and native iOS/Android mobile apps (rated 4.8 stars with 4.8K ratings). The bank positions itself around community involvement, local decision-making, and personal service, and was voted 2025 Best Bank across all counties it serves.

The business model is a standard community bank spread: net interest income from the diversified loan and deposit book, supplemented by non-interest income from deposit fees, credit cards, merchant processing, and treasury management services. Promotional deposit pricing (11-month CD at 3.79%, Investment Checking at 3.03% APY) is actively used for funding. Technology is built on third-party vendor integrations rather than proprietary platforms: Jack Henry for treasury management, LoansPQ for online account opening, and PSCU for credit card processing. With 251-500 employees and approximately 3.71 million shares outstanding at $75 per share, the bank carries an implied market capitalization near $278 million and reported Q1 2026 net income of $5.8 million (down 6.1% year-over-year), with the decline attributed to elevated loan loss provisions in the indirect dealer and equipment finance portfolios. In 2026, the bank deployed an $24.6 million self-tender program that repurchased 8.38% of outstanding shares, signaling capital strength despite near-term earnings pressure.

Short descriptiontext

Cashmere Valley Bank is a publicly traded community bank founded in 1932, serving consumers, small-to-medium businesses, and municipalities across Chelan, Douglas, Kittitas, and Yakima Counties in Central Washington through branches, online banking, and mobile apps.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersCashmere, United States
HQ citystring
Cashmere
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
community banking, commercial lending, consumer lending, mobile banking, treasury management
Industry4 codes
1Mass-Market Consumer Deposit Banking (Checking/Savings)
CodeFSABAAAAPrimaryYes
2Credit Cards & Revolving Credit
CodeFSABAAACPrimaryNo
3Real Estate (Commercial Property, REITs)
CodeFSABACAHPrimaryNo
4Student & Youth Banking
CodeFSABAAAHPrimaryNo
NAICS code2 codes
  • Commercial Banking52211
  • Depository Credit Intermediation5221
SIC code1 code
  • State Commercial Banks6022
Product category
Community Banking
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Net Interest Income
TypeSubscription Recurring
Description

Interest income from loan portfolios including personal loans, mortgages, home equity, commercial real estate, commercial loans, equipment finance, and small business loans. Offset by interest paid on deposits including checking, savings, and CDs.

cvb.bank
2Non-Interest Income
TypeTransaction Fee
Description

Fees from deposit accounts, credit cards, merchant processing services, and other banking service charges.

cvb.bank
3Equipment Finance
TypeSubscription Recurring
Description

Revenue from equipment finance portfolio, though this has seen increased delinquencies and charge-offs in Q1 2026.

cvb.bank
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Others, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details4 tiers
111-Month CD Special: 3.79% interest rate
ModelSubscriptionBilling cadenceMonthly
Notes

Limited-time promotional 11-month CD with 3.79% interest rate. FDIC-insured.

cvb.bank
225-Month CD: 3.00% interest rate
ModelSubscriptionBilling cadenceMonthly
Notes

Standard 25-month CD with 3.00% interest rate. FDIC-insured.

cvb.bank
3Investment Checking: 3.03% APY
ModelSubscriptionBilling cadenceMonthly
Notes

$100 minimum opening deposit. 3.03% Annual Percentage Yield (APY).

cvb.bank
4Premium Tier: 1.82% APY for $250,000+
ModelSubscriptionBilling cadenceMonthly
Notes

1.82% Annual Percentage Yield (APY) for balances of $250,000.00 and above. Minimum balance to obtain APY: $250,000.00.

cvb.bank
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

Cashmere Valley Bank is a full-service community bank offering deposit products (checking, savings, youth accounts, CDs), consumer and commercial lending (personal loans, mortgages, home equity, commercial real estate, commercial loans, operating lines of credit, small business loans, equipment finance), credit cards, and business services (treasury management, merchant processing, positive pay fraud prevention). Banking services are delivered through physical branches in Central Washington and through digital channels including online banking and iOS/Android mobile apps.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Voted 2025 Best Bank in Chelan/Douglas, Kittitas & Yakima Counties
+1 more record
Product overview1 text field

Cashmere Valley Bank is a regional community bank serving Central Washington (Chelan, Douglas, Kittitas & Yakima Counties) since 1932. The bank operates as a single-unified banking institution offering a comprehensive suite of personal and business banking products through both physical branches and digital channels. The core product portfolio includes deposit products (checking, savings, CDs with promotional rates), lending products (personal, mortgage, home equity, commercial real estate, commercial loans, equipment finance, small business loans, credit cards), and digital banking services (online banking, mobile banking with iOS/Android apps rated 4.8 stars). Business banking capabilities are enhanced by Treasury Management services powered by Jack Henry, Merchant Processing for payment acceptance, and fraud prevention tools including Positive Pay and ACH Positive Pay. The bank differentiates through ancillary programs like CVB Rewards (debit card rewards) and community involvement, positioning itself as 'the little bank with the BIG circle of friends.'

Product and service1 record
1Personal Checking
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration6 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Cashmere Valley Bank

Community Bankingcashmerevalleybank.com

Cashmere Valley Bank is a publicly traded community bank founded in 1932, serving consumers, small-to-medium businesses, and municipalities across Chelan, Douglas, Kittitas, and Yakima Counties in Central Washington through branches, online banking, and mobile apps.

What Cashmere Valley Bank does

Cashmere Valley Bank is a publicly traded, full-service community bank headquartered in Cashmere, Washington, founded in 1932 and serving Chelan, Douglas, Kittitas, and Yakima Counties in Central Washington. It operates as a horizontal banking institution offering a comprehensive suite of deposit products (checking, savings, youth accounts, and CDs with terms from 3 months to 7 years), lending products (personal loans, mortgages, home equity, commercial real estate, commercial loans, operating lines of credit, small business loans, equipment finance, and credit cards), and ancillary services (treasury management, merchant processing, Positive Pay, ACH Positive Pay, and CVB Rewards debit rewards). Distribution combines physical branches across the three-county region with online banking and native iOS/Android mobile apps (rated 4.8 stars with 4.8K ratings). The bank positions itself around community involvement, local decision-making, and personal service, and was voted 2025 Best Bank across all counties it serves.

The business model is a standard community bank spread: net interest income from the diversified loan and deposit book, supplemented by non-interest income from deposit fees, credit cards, merchant processing, and treasury management services. Promotional deposit pricing (11-month CD at 3.79%, Investment Checking at 3.03% APY) is actively used for funding. Technology is built on third-party vendor integrations rather than proprietary platforms: Jack Henry for treasury management, LoansPQ for online account opening, and PSCU for credit card processing. With 251-500 employees and approximately 3.71 million shares outstanding at $75 per share, the bank carries an implied market capitalization near $278 million and reported Q1 2026 net income of $5.8 million (down 6.1% year-over-year), with the decline attributed to elevated loan loss provisions in the indirect dealer and equipment finance portfolios. In 2026, the bank deployed an $24.6 million self-tender program that repurchased 8.38% of outstanding shares, signaling capital strength despite near-term earnings pressure.

Cashmere Valley Bank firmographics

Firmographics
Name
Cashmere Valley Bank
Legal name
Cashmere Valley Bank
Website
https://cashmerevalleybank.com
Company type
Public
Founded year
1932
Operating status
Operating
Headcount range
251–500 employees
Short description
Cashmere Valley Bank is a publicly traded community bank founded in 1932, serving consumers, small-to-medium businesses, and municipalities across Chelan, Douglas, Kittitas, and Yakima Counties in Central Washington through branches, online banking, and mobile apps.
Ownership category
akta.pro rank

Cashmere Valley Bank industry classification

Industry
Product category
Community Banking
NAICS
Commercial Banking (52211), Depository Credit Intermediation (5221)
SIC
State Commercial Banks (6022)
akta.pro primary industry
Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
akta.pro secondary industries
Credit Cards & Revolving Credit (FSABAAAC), Real Estate (Commercial Property, REITs) (FSABACAH), Student & Youth Banking (FSABAAAH)

Keywords

  • Community banking
  • Commercial lending
  • Consumer lending
  • Mobile banking
  • Treasury management

Where Cashmere Valley Bank is headquartered

Location

Headquarters

HQ city
Cashmere
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Cashmere Valley Bank business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Others, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Net Interest Income: Interest income from loan portfolios including personal loans, mortgages, home equity, commercial real estate, commercial loans, equipment finance, and small business loans. Offset by interest paid on deposits including checking, savings, and CDs.
  2. Non-Interest Income: Fees from deposit accounts, credit cards, merchant processing services, and other banking service charges.
  3. Equipment Finance: Revenue from equipment finance portfolio, though this has seen increased delinquencies and charge-offs in Q1 2026.

Pricing tiers

ModelBillingPrice
SubscriptionMonthly11-Month CD Special: 3.79% interest rate
SubscriptionMonthly25-Month CD: 3.00% interest rate
SubscriptionMonthlyInvestment Checking: 3.03% APY
SubscriptionMonthlyPremium Tier: 1.82% APY for $250,000+

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Cashmere Valley Bank product offering

Product offering

Core offering

Cashmere Valley Bank is a full-service community bank offering deposit products (checking, savings, youth accounts, CDs), consumer and commercial lending (personal loans, mortgages, home equity, commercial real estate, commercial loans, operating lines of credit, small business loans, equipment finance), credit cards, and business services (treasury management, merchant processing, positive pay fraud prevention). Banking services are delivered through physical branches in Central Washington and through digital channels including online banking and iOS/Android mobile apps.

Product overview

Cashmere Valley Bank is a regional community bank serving Central Washington (Chelan, Douglas, Kittitas & Yakima Counties) since 1932. The bank operates as a single-unified banking institution offering a comprehensive suite of personal and business banking products through both physical branches and digital channels. The core product portfolio includes deposit products (checking, savings, CDs with promotional rates), lending products (personal, mortgage, home equity, commercial real estate, commercial loans, equipment finance, small business loans, credit cards), and digital banking services (online banking, mobile banking with iOS/Android apps rated 4.8 stars). Business banking capabilities are enhanced by Treasury Management services powered by Jack Henry, Merchant Processing for payment acceptance, and fraud prevention tools including Positive Pay and ACH Positive Pay. The bank differentiates through ancillary programs like CVB Rewards (debit card rewards) and community involvement, positioning itself as 'the little bank with the BIG circle of friends.'

Differentiator

Problem solved

Functional benefit

Products and services

  • Personal Checking

Quantifiable outcome

  • Voted 2025 Best Bank in Chelan/Douglas, Kittitas & Yakima Counties
  • +1 more outcomes

Companies that use Cashmere Valley Bank

Customer profile

Segments3 records

Ideal customer profiles3 records

Cashmere Valley Bank technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Cashmere Valley Bank partnerships and signals

Strategic signal

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Cashmere Valley Bank competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

Cashmere Valley Bank social profiles

Digital presence

Cashmere Valley Bank compliance and trust

Trust signal

Compliance1 record

Cashmere Valley Bank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cashmere Valley Bank leadership team

Management profile

Number of profiles

Cashmere Valley Bank funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cashmere Valley Bank M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cashmere Valley Bank

What does Cashmere Valley Bank do?

Cashmere Valley Bank is a full-service community bank offering deposit products (checking, savings, youth accounts, CDs), consumer and commercial lending (personal loans, mortgages, home equity, commercial real estate, commercial loans, operating lines of credit, small business loans, equipment finance), credit cards, and business services (treasury management, merchant processing, positive pay fraud prevention). Banking services are delivered through physical branches in Central Washington and through digital channels including online banking and iOS/Android mobile apps.

Is Cashmere Valley Bank a public or private company?

Cashmere Valley Bank is a public company. It is classified as public and is currently operating.

When was Cashmere Valley Bank founded?

Cashmere Valley Bank was founded in 1932. It employs 251 to 500 people.

Where is Cashmere Valley Bank based?

Cashmere Valley Bank is headquartered in Cashmere, United States, in the North America region.

How does Cashmere Valley Bank make money?

Three revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income and equipment Finance.

Does Cashmere Valley Bank have an API?

No public API is recorded for Cashmere Valley Bank.

What industry is Cashmere Valley Bank in?

Cashmere Valley Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAC, Credit Cards & Revolving Credit. Its NAICS code is 52211 and its SIC code is 6022.

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Live signals
YahooEmbattled bank names next CEO after investor challengeCashmere Valley Bank in Washington named Len Devaisher, an executive vice president at Nicolet National Bank, as its next CEO, succeeding Greg Oakes on Dec. 31. Devaisher, formerly president and COO of $6.3 billion MidWestOne Bank, will join Oct. 5. Investor Down Range Capital criticized the bank for not disclosing the search and for a $75 share buyback.FinancialContent Business PageCashmere Valley Bank Board Selects Len Devaisher as Next President and Chief Executive OfficerCashmere Valley Bank's Board of Directors has selected Len Devaisher as its next President and Chief Executive Officer, with a planned transition period through the end of 2026. Devaisher joins from MidWestOne Bank to succeed outgoing CEO Greg Oakes, who will retire after leading the institution. The appointment follows a comprehensive national search conducted by the board.Stock TitanCashmere Valley Bank Selects Len Devaisher as Next CEOCashmere Valley Bank announced that Len Devaisher has been selected as its next President and Chief Executive Officer, replacing outgoing CEO Greg Oakes. Devaisher will join the bank on October 5, 2026, serving as CEO-Elect during a transition period that concludes with Oakes' retirement at the end of the year.NewswireCashmere Valley Bank Board Selects Len Devaisher as Next President and Chief Executive OfficerCashmere Valley Bank's board selected Len Devaisher as next president and CEO, effective October 5, 2026, with Greg Oakes retiring at year-end. Devaisher, previously COO of MidWestOne Bank, will serve as CEO-Elect during the transition. The board cited his leadership experience and alignment with the bank's vision.CashmerevalleyrecordCashmere City Pool to open for season on June 12Cashmere's City Pool is set to reopen for the summer season on June 12, providing a safe swimming alternative for the community. The pool, located at 104 Paton Street, is an important space for children's swim lessons and recreational activities. It has seen various upgrades since its establishment in the 1920s, including a reconstruction funded by a grant in 2001.Seeking AlphaCashmere Valley Bank Stock Is A Bargain Under $100 (OTCMKTS:CSHX)Cashmere Valley Bank is being considered a potential sale candidate, with Glacier Bancorp, Inc. identified as the most likely acquirer. The bank's potential sale could achieve a valuation of $119-$136 per share, significantly higher than its current stock level, driven by activist shareholders advocating for a transaction and indicating leadership succession concerns.Seeking AlphaWrap It Up (OTCMKTS:CSHX)The article discusses the stock of Cashmere Valley Bank (CSHX), mentioning the current market timing. It includes a promotional element related to investment ideas and upgrades.MorningstarCashmere Valley Bank Board of Directors Comments on Shareholder CommunicationsCashmere Valley Bank's board received shareholder communications about a potential sale and said it will continue evaluating strategic alternatives. The board remains focused on CEO succession and the bank's long-term success, and will not comment further unless disclosure is required by law.NewswireCashmere Valley Bank Reports Increased Quarterly Earnings of $6.9 million, Year to Date Earnings of $12.7 millionCashmere Valley Bank reported Q2 2026 net income of $6.9 million, up 22.1% from the prior quarter, with diluted EPS of $1.88. Year-to-date net income reached $12.7 million, and gross loans grew 6.3% to $1.033 billion. The bank declared a $1.00 per share dividend payable August 10.MorningstarCashmere Valley Bank Reports Increased Quarterly Earnings of $6.9 million, Year to Date Earnings of $12.7 millionCashmere Valley Bank reported Q2 2026 net income of $6.9 million, up 22.1% from the prior quarter, and YTD net income of $12.7 million. Gross loans rose 6.3% to $1.033 billion and deposits increased 6.7% to $1.963 billion. The bank broke ground on an East Wenatchee facility, expected to open in mid-2027.