Banking Tips

Central Oregon Economic Trends

As covered in the segment on the national economy, there are thousands of leading indicators from which to forecast future conditions.  There are exponentially fewer at the local/regional level to track economic shifts.  We rely on population, employment, wages, and housing trend data to forecast the financial future.  Here’s a […]

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Central Oregon’s Industry Mix – Still Boom-Bust Based on Tourism & Construction? 

By Roger Lee, Vice President, Business Client Advisor A few months ago, I met with local business leaders in the news industry. I was surprised to learn that their perception that Bend and the Central Oregon region’s economy are still largely dependent on two sectors: construction and tourism. While these

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Close to home

Dan Wahlin recently joined Summit Bank as the new Senior Vice President, Commercial Team Lead for our Westside Portland Office. Wahlin is a longtime Beaverton resident and veteran community banker with over 30 years of experience and a proven track record of building and maintaining long-term business relationships. His experience

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All the right tools

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

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On the right path?

Four key strategies all businesses should employ in the current environment. The state of Oregon’s economic forecast looks surprisingly bright, even taking into account historic pressure from inflation. Labor markets are expected to grow; however, labor will remain tight for businesses looking to hire. Inflation will persist noticeably above the

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