Author name: Summit Bank

Fair, Transparent, and Trustworthy Banking: What UDAAP Means for You

At Summit Bank, we believe trust isn’t just earned—it’s protected. That’s why we uphold the principles of UDAAP, short for Unfair, Deceptive, or Abusive Acts or Practices, a key part of federal consumer protection law. Simply put, it’s our job to ensure you’re treated fairly, honestly, and with transparency. So, What Is […]

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Summit Bank’s Chloe Chapman Named to Portland Business Journal’s 2025 40 Under 40 

Eugene, OR — Summit Bank is proud to announce that Chloe Chapman, Vice President, and Business Client Advisor based in the Eugene & Springfield office, has been selected as one of the Portland Business Journal’s 2025 40 Under 40 honorees.  Now in its 28th year, the 40 Under 40 program

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Summit Bank Welcomes Kristi Allen as Vice President, Business Client Advisor 

FOR IMMEDIATE RELEASE  Contact: Brian Thomas, Senior Vice President, Commercial Team Lead, [email protected]  Portland, Oregon – Summit Bank is pleased to announce the addition of Kristi Allen as Vice President, Business Client Advisor to its Portland Metro team. Allen brings over 13 years of commercial banking experience, with a strong

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Summit Bank Named Oregon & S.W. Washington’s Fastest-Growing Bank by Deposits 

FOR IMMEDIATE RELEASE  Contact: Craig Wanichek, President & Chief Executive Officer, [email protected]   EUGENE, OR — April 21, 2025 — Summit Bank (OTC: SBKO) has been named the fastest-growing Bank in Oregon and S.W. Washington by deposit growth, according to the Portland Business Journal’s 2025 rankings of regional banks. Based on

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Summit Bank Welcomes Raj Pelon as Relationship Banking Team Manager for the Eugene & Springfield Office  

EUGENE, OR (April 16 2025) — Summit Bank is excited to announce the addition of Raj Pelon as Relationship Banking Team Manager to its Eugene & Springfield office. Pelon brings over 15 years of banking and leadership experience in the Eugene/Springfield market, having previously served in management roles at notable regional

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Summit Bank Announces Promotion of Stacey Labrasseur to Treasury Management Manager 

EUGENE, OR (April 15th, 2025) – Summit Bank is pleased to announce the promotion of Stacey LaBrasseur to Treasury Management Manager. In less than a year with the Bank, Stacey has consistently demonstrated outstanding commitment to client service, operational excellence, and team collaboration.  Since joining Summit Bank as a Relationship

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Summit Bank Named a Best Place for Working Parents by Lane County 

Summit Bank has been named a Best Place for Working Parents by Lane County, earning recognition for supporting working families through progressive workplace policies and a strong culture of flexibility and care.  The designation highlights businesses that implement evidence-based practices that improve retention, productivity, and employee satisfaction. Employers are evaluated

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The Portland Metro Economy: A Region Poised for the Future

The Portland Metropolitan Area, encompassing Multnomah, Washington, Clackamas, Yamhill, Columbia Counties in Oregon, and Clark County in Washington, offers a dynamic blend of high-tech industry, robust trade, creative ventures, and an ever-growing commitment to sustainability. With a population of around 2.6 million and a roughly $219 billion GDP—representing nearly 70%

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Summit Bank Announces Appointment of Steve Ritchie to Eugene & Springfield Advisory Board 

FOR IMMEDIATE RELEASE: Contact: Craig Wanichek President and Chief Executive Officer, 541.684.7533, [email protected] EUGENE, OR (March 26 2025) – Summit Bank is pleased to announce the appointment of Steve Ritchie, CPA, CFE, and Managing Partner at Kernutt Stokes, to its Eugene & Springfield Advisory Board. Ritchie brings a wealth of accounting, finance,

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