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 […]
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
As 2024 concludes, businesses are looking ahead to 2025 with cautious optimism. Summit Bank’s Chief Executive Officer, Craig Wanichek and Chief Financial Officer, Chris Hemmings, share their professional insights on how small and mid-sized companies can navigate challenges, seize opportunities, and adapt to an ever-changing economic landscape. Their expertise offers
Expert Insights for 2025: Strategies from Summit Bank’s CEO and CFO Read More
In today’s world, community banks and credit unions serve individuals, small businesses, and communities. While they share a commitment to local needs, each institution has unique characteristics. Here’s a look at the fundamental differences between community banks, like Summit Bank, and credit unions, as well as the increasing competition credit
Community Banks or Credit Unions: Understanding the Differences and Challenges Ahead Read More
FOR IMMEDIATE RELEASE Contact: Craig Wanichek President and Chief Executive Officer Summit Bank Group, Inc. (541) 684-7500 EUGENE, OREGON, November 19, 2024 – Summit Bank Group, Inc. (the “Company”) (OTC Pink: SBKO), the holding company for Summit Bank, announced it has adopted a program to repurchase up to $1,000,000 worth of shares of
SUMMIT BANK GROUP, INC. ANNOUNCES ADOPTION OF REPURCHASE PROGRAM Read More
Summit Bank Group reported net income for the third quarter of $3.17 million or 41 cents per fully diluted share. Third quarter net income was $727 thousand or 9 cents per fully diluted share higher than the similar period in 2023, representing 29.7 and 29.2 percent improvements over the third
Summit Bank Group Reports 2024 3rd Quarter Earnings Read More
Summit Bank is proud to announce that it has again earned Bauer Financial’s prestigious 5-star rating, marking seven years of being recognized as one of the nation’s strongest banks. This top rating, awarded only to the best financial institutions in the country, sets Summit Bank apart as a leader in
Summit Bank Earns Bauer Financial’s 5-Star Rating for Security and Soundness Read More
Summit Bank proudly announces that our Westside Office, located at 1915 NE Stucki Ave, Hillsboro, OR 97006, Suite #155, has officially transitioned to a full-service branch. This expansion demonstrates our commitment to enhancing the banking experience for our clients and providing a broader range of services to the Washington County community.
Summit Bank Westside Office Now a Full-Service Branch in Hillsboro, OR Read More
Eugene, OR — August 21, 2024 Summit Bank is excited to announce that Ashley Mielenz, Vice President, Relationship Banking Manager, has been selected as a Rising Star in the 20 Under 40 awards by the Eugene Area Chamber of Commerce. In a community of nearly 200,000 residents, this annual event
Summit Bank’s Ashley Mielenz Recognized as a Rising Star in 20 Under 40 Awards 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
