UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): January 27, 2015


CASCADE BANCORP
(Exact name of registrant as specified in its charter)


Oregon
 
02-23322
 
93-1034484
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employee Identification No.)


    
1100 NW Wall Street
Bend, Oregon 97701
(Address of principal executive offices)
(Zip Code)

(877) 617-3400
(Registrant’s telephone number, including area code)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))









ITEM 5.02         DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

             (b)    On January 27, 2015, Henry H. Hewitt, a director of Cascade Bancorp (the “Company”) and Bank of the Cascades (the “Bank”) since 2004, notified the Company of his decision to retire from the Board of Directors of each of the Company and the Bank. Mr. Hewitt will not stand for re-election at the Company’s 2015 Annual Shareholders’ Meeting and will continue to serve on the Board of Directors of each of the Company and the Bank until that time. The Company and the Bank both thank Mr. Hewitt for his dedication, commitment and service to their respective Boards of Directors.
    






SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

CASCADE BANCORP

By:    /s/ Gregory D. Newton        
Gregory D. Newton
EVP/Chief Financial Officer


Date:    January 30, 2015