Cashmere Valley Bank is a state-chartered bank. The Bank provides business and personal banking, commercial lending, and insurance services through its owned subsidiary Mitchell, Reed and Schmitten, Inc. (MRS), which offers insurance, investment services, mortgage services, equipment lease financing, auto and marine dealer financing and municipal lending. The Bank’s primary business is that of a traditional banking institution, gathering deposits and originating loans for portfolios in its respective primary market areas. The Bank offers a variety of deposit products to its consumer and commercial clients. Lending activities include the origination of real estate, commercial and agricultural business, dealer financing, leasing and consumer loans. The Company’s lending and other banking activities are carried out in and around Chelan, Douglas, Kittitas, and Yakima counties and to a lesser degree, areas of Western Washington. It operates over 11 branches in North Central Washington.