Author name: Summit Bank

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

FOR IMMEDIATE RELEASE  Contact: Craig Wanichek, President & Chief Executive Officer, cwanichek@sbko.bank   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

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

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, cwanichek@sbko.bank 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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Mountains, Craft Beer, and Microchips: Central Oregon’s Evolving Economic Landscape

Central Oregon—which includes Bend, Redmond, Sunriver, Sisters, La Pine, Prineville, and Madras—continues to see some of the fastest population growth in the Pacific Northwest. Its economy features multiple vibrant sectors, including tourism, construction, technology, manufacturing, healthcare, professional services, and specialized financial support for small businesses. The region’s scenic attractions, entrepreneurial

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Eugene & Springfield’s Thriving Economy: A Closer Look at Key Sectors

The Eugene & Springfield region boasts a balanced and resilient economy, combining cutting-edge research and innovation with traditional industries. From the University of Oregon’s wide-ranging influence to the vibrant “Silicon Shire” tech community, here’s an overview of the sectors driving growth and creating opportunities throughout the Willamette Valley. Higher Education

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Lifting Neighborhoods Across Oregon

Summit Bank goes beyond everyday banking to make a genuine difference in the places we call home. In 2024, our team volunteered for 1,534 hours, contributed $337,605 in donations and sponsorships, and arranged $12,589,700 in loans that serve nonprofits throughout the state. Of that total, $8.3 million went toward affordable housing, helping more families find a stable

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