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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 sEAgQphkxe9g3aet9zIFZw==

<SEC-DOCUMENT>0000891836-08-000108.txt : 20080609
<SEC-HEADER>0000891836-08-000108.hdr.sgml : 20080609
<ACCEPTANCE-DATETIME>20080609120145
ACCESSION NUMBER:		0000891836-08-000108
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080529
FILED AS OF DATE:		20080609
DATE AS OF CHANGE:		20080609

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CASCADE BANCORP
		CENTRAL INDEX KEY:			0000865911
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				931034484
		STATE OF INCORPORATION:			OR
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1100 N W WALL ST
		STREET 2:		P O BOX 369
		CITY:			BEND
		STATE:			OR
		ZIP:			97709
		BUSINESS PHONE:		5413856205

	MAIL ADDRESS:	
		STREET 1:		1100 NW WALL STREET
		STREET 2:		P.O. BOX
		CITY:			BEND
		STATE:			OR
		ZIP:			97709

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			David F Bolger 2008 Grantor Retained Annuity Trust
		CENTRAL INDEX KEY:			0001437148
		FISCAL YEAR END:			1208

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23322
		FILM NUMBER:		08887390

	BUSINESS ADDRESS:	
		STREET 1:		C/O T M WELLS WELLS JAWORSKI & LIEBMAN
		STREET 2:		12 RT 17 NORTH PO BOX 1827
		CITY:			PARAMUS
		STATE:			NJ
		ZIP:			07653-1827
		BUSINESS PHONE:		201 587 0888

	MAIL ADDRESS:	
		STREET 1:		C/O T M WELLS WELLS JAWORSKI & LIEBMAN
		STREET 2:		12 RT 17 NORTH PO BOX 1827
		CITY:			PARAMUS
		STATE:			NJ
		ZIP:			07653-1827
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>sc0049-08_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2008-05-29</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000865911</issuerCik>
        <issuerName>CASCADE BANCORP</issuerName>
        <issuerTradingSymbol>CACB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001437148</rptOwnerCik>
            <rptOwnerName>David F Bolger 2008 Grantor Retained Annuity Trust</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>WELLS JAWORSKI &amp; LIEBMAN LLP</rptOwnerStreet1>
            <rptOwnerStreet2>12 RT 17 NORTH PO BOX 1827</rptOwnerStreet2>
            <rptOwnerCity>PARAMUS</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07653-1827</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1937332</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <remarks>The Reporting Person disclaims its beneficial ownership of more than 10% of the Issuer's outstanding shares of common stock.</remarks>

    <ownerSignature>
        <signatureName>/s/ DAVID F. BOLGER as trustee of The David F. Bolger 2008 Grantor Retained Annuity Trust</signatureName>
        <signatureDate>2008-05-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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