Oregon’s journey in advanced manufacturing is more than just an industry trend—it’s a key driver of economic growth and a magnet for global investment. From semiconductors to 3D-printed aerospace components, the state’s diverse capabilities showcase a potent combination of time-honored craftsmanship and forward-looking technology. Why Oregon? Flagship Players Intel’s Hillsboro […]
Oregon’s tech sector is one of the fastest-growing in the nation, evolving rapidly with innovations in artificial intelligence (AI), cloud computing, blockchain, and mobile applications. Over the past decade, this industry has transformed Oregon into a technology hub, often called the “Silicon Forest.” The growth has been remarkable, from startups
Tech & Software: A Catalyst for Growth Read More
EUGENE, OREGON— Summit Bank is excited to share that the Portland Business Journal has ranked the Bank as the #1 Commercial and Industrial (C&I) lender. This honor highlights the Bank’s ongoing commitment to supporting the growth and success of businesses throughout Oregon. C&I loans are critical to the business economy.
Summit Bank Ranked #1 Commercial and Industrial Lender Read More
FOR IMMEDIATE RELEASEÂ Contact:Â Craig Wanichek, President & Chief Executive Officer 541-684-7500Â EUGENE, Oregon – Summit Bank Group (OTC Pink: SBKO)Â Â Summit Bank Group reported net income for the fourth quarter of $3.01 million or 39 cents per fully diluted share. Fourth quarter net income was $1.33 million or 17
Summit Bank Group Reports 2024 4th Quarter Earnings Read More
EUGENE, OR — January 27, 2025—Summit Bank is honored to announce its recognition as one of Oregon Business Magazine’s top-performing companies in 2025. The Bank ranked #19 in the Top 100 Best Companies to Work for in Oregon list within the Large Companies category, making it the highest-ranking Bank headquartered in Oregon.
Summit Bank Earns Top Rankings in Oregon Business Magazine Read More
FOR IMMEDIATE RELEASE Grant Represents a Creative Win in a Challenging Funding Environment for CityTeam’s Old Town Rehabilitation, Workforce Development, and Transitional Housing Facility PORTLAND, OR – Jan. 22, 2025 – CityTeam Portland announced it has been selected to receive a $3 million grant from the Federal Home Loan Bank
This year has been an unforgettable one for Summit Bank. We marked two significant milestones that highlight the journey we’ve been on together: celebrating 20 years of serving the Eugene community and launching a new chapter with our Portland office in the KOIN Tower. Both occasions brought together the people
Oregon is no stranger to environmental innovation. The state has long been a leader in renewable energy and sustainable practices, with over 60% of its electricity generated from renewable sources in 2023. This includes hydroelectric, wind, and solar power and emerging technologies like wave energy. Oregon’s robust Renewable Portfolio Standard
Emerging Industries: Clean Energy & Sustainability Leading the Green Revolution Read More
This year, the Oregon Bioscience industry continues to drive significant advancements in healthcare, technology, and economic development. With over 870 companies across the state working on cutting-edge research and innovations, the industry has maintained its momentum, contributing billions of dollars to Oregon’s economy while improving global health outcomes. A Year
The Oregon Bioscience Industry: Innovation and Growth in 2024 Read More
Interest Rates: What They Mean for You and Your Business As we enter a new year, there’s much buzz about interest rates. These financial indicators influence everything from business loans to savings returns, from the Federal Funds Rate to the Prime Rate and Treasury yields. At Summit Bank, we’re here
Demystifying Interest Rates: Fed, Prime, and Treasury Yields Explained Read More
