Central Oregon native JILL CUMMINGS fosters banking talent and local businesses. Jill Cummings, Senior Vice President, Commercial Banking Team Leader, has extensive experience in treasury solutions, business development, and management; she is a key figure in the substantial growth of Summit Bank’s deposit base in Central Oregon. Since joining the […]
A Coach for Your Business Read More
Summit Bank is pleased to report a 12% growth in total assets over the past year. Despite what some have characterized as a challenging environment for community and regional banks, our dedicated team has continued to help our clients and the communities we serve thrive. We have also experienced strong
Reflections & Future Directions Read More
The opening of a new Central Oregon office reflects Summit Bank’s commitment to building lasting relationships with local businesses and nonprofits. Summit Bank, the leading Oregon-based community business bank, opened its newest Branch Office in downtown Redmond, Oregon, in April. This expansion signifies Summit Bank’s dedication to serving local businesses
There’s a New Summit in Redmond Read More
Bend, OR— August 6, 2024— In her new role, Rodriguez will oversee operations at the Redmond and Bend Branch Offices, assist with the production team and market share growth, onboard new treasury management clients, and maintain relationships with existing clients. Her knowledge and leadership will enhance the Bank’s offerings in
Bend, OR (August 1st, 2024) – Summit Bank has announced the addition of Kristen Warner to the bank as VP, Treasury Management Officer for the Central Oregon region. In this role, Warner will use her treasury management expertise to build, manage, and grow business banking relationships with small to medium-sized
Kristen Warner Joins Summit Bank as VP of Treasury Management for Central Oregon Read More
Eugene, OR – Summit Bank is pleased to announce the appointment of Stacey LaBrasseur as the new Relationship Banking Officer for our Eugene & Springfield office. Stacey brings over 25 years of extensive experience in Treasury Management, making her a significant addition to our team. In her previous roles, Stacey
Summit Bank Group reported net income for the second quarter of $2.7 million or 35 cents per fully diluted share. The Company recognized a one time after tax gain of $277 thousand on retirement of a subordinated note which increased earnings per share by $0.036 for the quarter. Earnings
Summit Bank Group Reports 2024 2nd Quarter Earnings Read More
Eugene, OR — Summit Bank announces its continued recognition today as one of the top-performing banks in the nation by the American Banker, securing the 63rd spot on the list of the 100 Top Performing Banks. There are 4,049 commercial banks and 565 savings and loan associations in the U.S.
Summit Bank Ranked in 100 Top Performing Banks in the Country Read More
Certificates of Deposit (CD) have been popular for business owners seeking stable and relatively safe investment avenues, particularly with rising interest rates. While CDs often advertise attractive initial rates, important considerations must be made to avoid pitfalls. One common issue arises at the maturity of these CDs. Many financial institutions
In the constantly changing financial landscape, shaped by the Federal Reserve’s rate adjustments much like seasons alter the environment, two distinct but often confused instruments stand out for their utility and adaptability: money market mutual funds and money market accounts. Each serves unique purposes and offers different protections, critical for
Mastering the Financial Ecosystem: Understanding Money Market Funds & Accounts Read More
