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 economic strength, reliability, and community commitment.
Bauer Financial’s 5-star rating is the highest distinction awarded by an independent rating firm, and it is earned, not given. This rating underscores Summit Bank’s excellence in capital adequacy, profitability, and asset quality, demonstrating its strong financial foundation and prudent management practices.
“A 5-star rating is what all banks strive for, and we are honored to achieve this recognition once again,” said Aaron Walker , Chief Credit Officer of Summit Bank. “This rating reflects the hard work of our entire team and our commitment to providing exceptional service to our clients and communities.”
The 5-star rating helps Summit Bank stand out in the competitive financial landscape, reinforcing its reputation for safety, soundness, and superior customer service. As a community-focused bank located in Eugene, Bend, Redmond, Hillsboro, and Portland, Summit Bank takes pride in supporting local businesses and nonprofits, aligning its values with the needs of the communities it serves.
“Bauer’s 5-star rating cannot be bought and never goes unearned. We are proud to be recognized as a top-performing bank, and we remain dedicated to maintaining the highest standards of financial stewardship,” said Craig Wanichek , President and CEO of Summit Bank. “This achievement reaffirms our position as a trusted financial partner for businesses and individuals across Oregon.”
About Summit Bank:
Summit Bank Group Inc., through its wholly-owned subsidiary Summit Bank, maintains offices in Eugene, Bend, and Portland, specializing in providing high-level service to professionals and medium-sized businesses and their owners. The Bank was voted for the third year in a row as one of Oregon’s “Top 100 Companies to Work For,” according to Oregon Business Magazine. In 2023, Summit Bank was honored as “Favorite Bank” in the Eugene Register-Guard’s annual Reader’s Choice Awards and “Best Bank” by Central Oregon’s Bend Bulletin. Recently, Summit Bank was recognized by the American Banker as one of the top 100 banks in the country, affirming its position among the elite national financial institutions. Summit Bank Group Inc. is quoted on the OTCPK under the symbol SBKO.
