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| UNITED      STATESSECURITIES      AND EXCHANGE COMMISSIONWashington,      D.C. 20549 Form      10-K/A(Amendment No.      1) (Mark      one) þ  ANNUAL REPORT PURSUANT TO      SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 For the fiscal year ended      December 31, 2008OR  ̈  TRANSITION REPORT PURSUANT TO      SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 For the transition period from      _________________________ to _________________________ Commission      file number: 000-25286 Cascade      Financial Corporation(Exact      name of registrant as specified in its charter)  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Washington                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 91-1661954 |
|  (State      or other jurisdiction of incorporation or organization)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |  (I.R.S.      Employer Identification No.)  |
| 2828      Colby AvenueEverett,      Washington                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |  98201 |
|  (Address      of principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | (Zip      Code) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |
| Registrant’s      telephone number, including area code:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | (425)      339-5500 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |
| Securities      Registered pursuant to Section 12(b) of the Act:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | None |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |
| Securities      Registered pursuant to Section 12(b) of the Act:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | Common      Stock, par value $0.01 per share |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |
| Securities      registered pursuant to Section 12(g) of the Act:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | None |

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| By:    | /s/      Lars H. Johnson                                                                                             |   | By:    | /s/      D. R. Murphy           |
|--------|----------------------------------------------------------------------------------------------------------------------|--------|--------|---------------------------------|
|   | Lars      H. JohnsonExecutive      Vice PresidentChief      Financial OfficerPrincipal      Accounting Officer  |   |   | D.      R. MurphyChairman       |
| Date:  | March      12, 2009                                                                                                  |   | Date:  | March      12, 2009             |
|   |                                                                                                                 |   |   |                            |
| By:    | /s/      David W. Duce                                                                                               |   | By:    | /s/      Ronald E Thompson      |
|   | David      W. DuceDirector                                                                                      |   |   | Ronald      E. ThompsonDirector |
| Date:  | March      12, 2009                                                                                                  |   | Date:  | March      12, 2009             |
|   |                                                                                                                 |   |   |                            |
| By:    | /s/      Janice Halladay                                                                                             |   | By:    | /s/      G. Brandt Westover     |
|   | Janice      HalladayDirector                                                                                    |   |   | G.      Brandt WestoverDirector |
| Date:  | March      12, 2009                                                                                                  |   | Date:  | March      12, 2009             |
|   |                                                                                                                 |   |   |                            |
| By:    | /s/      Craig Skotdal                                                                                               |   | By:    | /s/      Dwayne Lane            |
|   | Craig      SkotdalDirector                                                                                      |   |   | Dwayne      LaneDirector        |
| Date:  | March      12, 2009                                                                                                  |   | Date:  | March      12, 2009             |
|   |                                                                                                                 |   |   |                            |
| By:    | /s/      David O’Connor                                                                                        |   | By:    | /s/      Richard Anderson       |
|   | David      O’ConnorDirector                                                                               |   |   | Richard      AndersonDirector   |
| Date:  | March      12, 2009                                                                                                  |   | Date:  | March      12, 2009             |
|   |                                                                                                                 |   |   |                            |
| By:    | /s/      Katherine M. Lombardo                                                                                       |   | By:    | /s/      Jim Gaffney            |
|   | Katherine      M. LombardoDirector                                                                              |   |   | Jim      GaffneyDirector        |
| Date:  | March      12, 2009                                                                                                  |   | Date:  | March      12, 2009             |

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