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 […]
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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
WESTSIDE PORTLAND: (April 10, 2023, 1915 NE Stucki Ave, Hillsboro, OR 97006, Suite #155) Summit Bank is happy to announce the addition of Senior Vice President and Commercial Team Lead, Dan Wahlin, to our Westside Portland office. Wahlin is a longtime Beaverton resident and veteran community banker. With almost 40
We are so proud of Jenny Bennett, CFMP for being named a finalist for Woman Business leaders Leader of the Year award by the Eugene Area Chamber of Commerce. “Jenny is a loyal and fierce advocate for children and families in our community and selflessly gives of her time and
Portland, OR – Summit Bank is proud to announce that its President and Chief Executive Officer, Craig Wanichek, has been named an Executive of the Year by the Portland Business Journal. The Executive of the Year award is given to top executives who have demonstrated outstanding leadership, innovation, and business acumen
Craig Wanichek named an Executive of the Year by Portland Business Journal Read More
Summit Bank would like to update our clients, shareholders and friends on the financial stability and security of the Bankin light of recent events in the banking industry. We are very pleased with our financial position and solid balance sheet. As of March 16th, 2023, Summit Bank had $191million of
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