About Summit Bank

Summit Bank provides personalized service and professional banking advice, combined with a business-focused, strategic group of Board of Directors that positions the bank as a lead provider of local banking services. What truly differentiates us from other financial institutions is that all of our decisions are made locally, which results in responsive times for loan requests, decision making and flexible solutions. In addition, all of the deposits we collect are invested right back here into the communities we serve.

Summit Bank began serving the needs of local businesses and clients in 2004 as the first independent community bank to open in the Eugene/Springfield area in over 25 years. The genesis of the Bank followed after multiple mergers left local business owners and professionals lacking the personalized service and professionalism long associated with locally founded and focused banking institutions. The board of directors is comprised of highly successful community members and it is their commitment together with the drive and passion of the Bank management and staff that has been instrumental in the success that Summit has achieved over our 18 year history.

Our board of directors and management’s decision to manage concentrations in the Bank’s loan portfolio and to focus on clients well-known to the Bank helped the Bank to avoid serious difficulty during the recession of 2008-2009, a period during which approximately 40% of the banks chartered nationwide in 2004 failed.  The Bank’s asset growth (all organic) was measured and steady during its formative years.  The Bank has, in recent years benefited from improving economic conditions as well as continuing consolidations within the banking industry which has allowed asset growth to accelerate.

In 2015, the Bank expanded its market area to Central Oregon with an office at 560 SW Columbia in Bend.  In 2019 our board of directors decided to expand Summit’s market area to the Portland metro area market and we opened a full service banking office at 222 SW Columbia in Portland.  The goal for the Portland office has been to replicate the business model that has worked well thus far for Summit in Eugene and Central Oregon, i.e. a locally owned bank that values community involvement, a relationship-based business model and local decision making.