Eugene, OR – Summit Bank is pleased to announce that Chris Hemmings, Chief Operating Officer, has been appointed as the Board Chair for FOOD For Lane County, a leading non-profit organization dedicated to alleviating hunger and building a healthier community. Hemmings, who has been integral to Summit Bank’s growth over […]
Summit Bank’s Chris Hemmings Appointed Board Chair for FOOD For Lane County Read More
Brick by brick, Brian Thomas’ efforts laid a strong foundation for a successful banking career. Thomas started wholesale mortgage banking after graduating from the University of Oregon in 2005. After a wild ride through volatile economic conditions, he secured a position as a credit analyst at a growing community bank
Eugene, OR — The United States Small Business Association data is in and Summit Bank has achieved the number one position in the State of Oregon as the Small Business Administration (SBA) top lender for production. In the SBA fiscal year, Summit Bank facilitated a total of $30,709,900 in 7(a) loans. This
Written by Rebekah Pratt, Vice President, Business Client Advisor Born and raised in Portland, Oregon, I have witnessed the transformation of this city over the years. From my childhood memories of exploring the iconic landmarks to my early working years in the heart of Downtown, Portland which has always held
Why are businesses leaving downtown Portland? Read More
By Chris Barron, Vice President, Relationship Banker Q. The top four banks have an implied federal guarantee on their deposits. Why put your deposits above the FDIC-insured limit in any other bank? A. Every depositor needs to make this decision for themselves, as there’s an intrinsic risk associated with uninsured
Why put your deposits above the FDIC-insured limit? Read More
Written by Brian Thomas, Senior Vice President, Commercial Team Lead Downtown Portland How Summit Bank is filling the void of business banking in the Portland metro area. The recent bank failures have left a void in the Portland market, creating a real lack of service for businesses needing reliable banking
Filling The Void in The Portland Metro Area Read More
Summit Bank Group reported net income for the second quarter of $2.48 million or 32 cents per fully diluted share, representing an increase of 7 percent or 2 cents per fully diluted share over the first quarter of 2023. Comparable earnings for the second quarter of 2022 were $3.42 million
Summit Bank Group Reports 2023 2nd Quarter Earnings Read More
Summit Bank announced today that Ashley Mielenz has joined the Summit Bank team in Eugene/Springfield as a Relationship Banking Officer. Summit Bank’s corporate headquarters are in downtown Eugene. Mielenz brings to Summit extensive experience in the banking industry, having previously worked at several financial institutions in Oregon. In addition, Mielenz
SUMMIT BANK WELCOMES ASHLEY MIELENZ AS COMMERCIAL RELATIONSHIP BANKER Read More
Summit Bank is pleased to announce the promotion of Chris Barron to Vice President, Relationship Banking Manager for our Portland market. With over a decade of banking experience, Chris brings a wealth of knowledge and expertise to his new role. Since being hired a little over a year ago as
CHRIS BARRON PROMOTED TO VICE PRESIDENT, RELATIONSHIP BANKING MANAGER Read More
· Reported record asset-size of $1.08 billion, up 16.0 percent over Q1 2022 · Cash and securities totaled $291.4 million – 27 percent of total assets, an increase of 5.8 percent over Q1 2022 · Year over year Deposit Growth – $108.0 million or 13.0 percent over March 31, 2022 · Year over year
Summit Bank Group Reports 2023 1st Quarter Earnings and Record Asset Size Read More
