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
Eugene, OR, April 3, 2024 – Summit Bank, a leading financial institution, is proud to announce a transition in its leadership team, marking a pivotal moment in its history. After 20 years of dedicated service as the founding Chief Financial Officer (CFO), Scott Goldstein has achieved a significant personal and
Summit Bank Announces Strategic Leadership Transition and New Role Creation Read More
Eugene, Oregon – February 22, 2024 – Today marks a significant milestone for Summit Bank, Oregon’s premier community business bank, as it celebrates its 20th anniversary. Founded in 2004, Summit Bank opened its doors as the first independent community bank in the Eugene/Springfield area in over 25 years, revitalizing the
Summit Bank: Celebrating 20 Years of Serving Oregon Communities Read More
These are the Summit superbankers. Dedicated to Peace, Local Business, and the Oregonian Way.
Summit Bank Celebration of Business 2024 Read More
Portland, OR – Summit Bank is proud to announce that its Chief Operating Officer, Chris Hemmings, has been named an Executive of the Year by the Portland Business Journal. The Executive of the Year award is a prestigious recognition of top executives in the Portland area who have shown outstanding
Chris Hemmings named an Executive of the Year by the Portland Business Journal Read More
Summit Bank Group reported net income for the fourth quarter of $1.68 million, or $0.22 per fully diluted share. Comparable earnings for the quarter ended September 30, 2023 were $2.44 million, or $0.32 per fully diluted share, representing a decrease of 31 percent, or $0.11 to earnings and earnings per
Summit Bank Group Reports 2023 Year and 4th Quarter Earnings Read More
🚨 Weather Alert: Summit Bank Schedule Changes for Wednesday 1/17/24 🚨 Attention to all clients! Due to severe weather conditions, please note the following changes to our branch hours: 🌨️ Westside Portland Office: Closed on January 17, 2024. We will reopen on January 18. Stay safe and warm! 🌨️ Downtown
Weather Alert: Summit Bank Schedule Changes Read More
Notice to business clients of an important change to the Corporate Transparency Act (CTA) of 2021 regarding beneficial ownership information. Beginning January 1, 2024, many companies in the United States will be required to report information about individuals who ultimately own or control their company. These individuals are referred to
Corporate Transparency Act (CTA) of 2021 regarding beneficial ownership information Read More
Written by Roger Lee, Vice President, Business Client Advisor There are several points of data to help accurately forecast a change in the business cycle. One of the most reliable has historically been an inverted yield curve – when short-term debt instruments have higher yields than their long-term counterparts. Since
Is a National Economic Recession Inevitable in 2024? Read More
Summit Bank Group reported net income for the third quarter of $2.44 million or 32 cents per fully diluted share, equaling the earnings per share result for Q2 2023 and representing an increase of 6.7 percent or 2 cents per fully diluted share over the first quarter of 2023. Comparable
Summit Bank Group Reports 2023 3rd Quarter Earnings Read More
