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. insured by the Federal Deposit Insurance Corporation (FDIC). 2024 marks another year in which Summit Bank has maintained its standing in this elite group, showcasing the company’s strength, stability, and consistency.
“Our ranking among the nation’s most esteemed financial institutions is a testament to the hard work and dedication of our team,” said Craig Wanichek, President and CEO of Summit Bank. “We remain committed to delivering exceptional service and robust financial solutions to our clients while contributing positively to the communities we serve.”
This year’s ranking is a testament to Summit Bank’s commitment to excellence in key performance metrics, including profitability, operational efficiency, and asset quality. The Bank’s ability to maintain robust financial health and resilience, even in challenging economic conditions, is a source of confidence for our clients and reflects our dedication to their financial well-being.
Summit Bank continues to support local businesses, nonprofits, and individual clients with innovative banking solutions. “We are incredibly proud of our team’s achievements and this recognition,” said Wanichek. “It reinforces our position as a leading community bank and our capability to meet the financial needs of our diverse client base effectively.”
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.
