Articles from Summit Bank
Summit Bank is pleased to announce the addition of Max Williams to its Portland Metro Advisory Board. Williams brings decades of cross-sector leadership experience and a long history of service to Oregon's public, private, and nonprofit sectors. Most recently, he served as President and CEO of the Oregon Community Foundation, where he led the organization through a decade of extraordinary growth and transformation, expanding total assets from $1.2 billion to $3.7 billion and more than doubling statewide grantmaking. Under his leadership, OCF became one of the top 10 community foundations in the country and a catalyst for innovation in philanthropy and equity.
By Summit Bank · Via Business Wire · July 22, 2025
Summit Bank is pleased to announce the appointment of Steve Ritchie, CPA, CFE, and Managing Partner at Kernutt Stokes, to its Eugene & Springfield Advisory Board. Ritchie brings a wealth of accounting, finance, and business leadership expertise to strengthen Summit Bank's commitment to exceptional service, fiscal responsibility, and sustainable growth.
By Summit Bank · Via Business Wire · March 26, 2025

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 tradition of locally focused banking services.
By Summit Bank · Via Business Wire · February 22, 2024

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.
By Summit Bank · Via Business Wire · January 26, 2024

Summit Bank is pleased to announce that Chris Hemmings, Chief Operating Officer, has been appointed as the Board Chair for FOOD For Lane County, a leading non-profit organization dedicated to alleviating hunger and building a healthier community. Hemmings, who has been integral to Summit Bank's growth over the past few years, brings a wealth of experience to his new role as he takes on this significant responsibility.
By Summit Bank · Via Business Wire · August 16, 2023

The United States Small Business Association data is in and Summit Bank has achieved the number one position in the State of Oregon as the Small Business Administration (SBA) top lender for production. In the SBA fiscal year, Summit Bank facilitated a total of $30,709,900 in 7(a) loans. This significant milestone underscores Summit Bank's dedication to supporting local small businesses throughout the State while fostering economic growth within Oregon communities.
By Summit Bank · Via Business Wire · August 9, 2023

Summit Bank is happy to announce the addition of Senior Vice President and Commercial Team Lead, Dan Wahlin, to our Westside Portland office. Wahlin is a longtime Beaverton resident and veteran community banker. With almost 40 years of experience in the industry he brings a wealth of knowledge and expertise to our team.
By Summit Bank · Via Business Wire · April 10, 2023

Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC PINK: SBKO), announced today that the Oregon-based business bank acquires a new bank building in Redmond, Oregon. The building, located in downtown Redmond at 538 SW Highland Ave, is a significant addition to the company’s growing business banking market across the region.
By Summit Bank · Via Business Wire · March 9, 2023

Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC PINK: SBKO), announced today that the Oregon-based business bank is growing its presence in the Portland market and expanding into Washington County. The office will be led by veteran community banker Greg Oakes, who started with Summit Bank on January 23. The office is located at 1915 NE Stucki Ave, Hillsboro, OR, Suite #155.
By Summit Bank · Via Business Wire · February 1, 2023

Craig Wanichek, president and chief executive officer of Summit Bank (OTC Pink: SBKO), announced today that Jamie Moffitt, senior vice president for finance and administration and chief financial officer of the University of Oregon (UO), is joining the Board of Directors of Summit Bank. Moffitt steps in for Ann Marie Mehlum, founding President and CEO of Summit Bank and member of the Summit Bank Board of Directors since 2017.
By Summit Bank · Via Business Wire · January 31, 2023

Gary O’Connell, Market President for Summit Bank (OTC Pink: SBKO), announced today that Zak Sundsten has been hired as Senior Vice President, Business Client Advisor for the Central Oregon office.
By Summit Bank · Via Business Wire · October 4, 2022

Brian Thomas, Commercial Banking Team Leader for Summit Bank (OTC Pink: SBKO), announced today that Joshua Adams has been hired as Senior Vice President, Commercial Banking Officer and Zach Weber has been hired as Assistant Vice President, Senior Associate Business Client Advisor.
By Summit Bank · Via Business Wire · August 25, 2022

Summit Bank (OTC Pink: SBKO), a leading independent community bank, announced today that Brian Thomas has been promoted to Senior Vice President, Commercial Banking Team Leader for the bank’s Portland and Southwest Washington Team. The announcement was made by Craig Wanichek, Chief Executive Officer and President of Summit Bank.
By Summit Bank · Via Business Wire · May 24, 2022

Summit Bank (OTC Pink: SBKO), a leading independent community bank, announced today that Stacy Koos has been named Senior Vice President and Market Development Officer for the Eugene/Springfield region. This new position will manage Summit Bank’s continuing market growth, as well as expand its presence throughout the greater region. The announcement was made by Jenny Bennett, Summit Bank’s Eugene/Springfield Market President.
By Summit Bank · Via Business Wire · May 23, 2022

The Independent Community Bankers of America® (ICBA) recently announced that Craig Wanichek, CEO and President of Summit Bank, Eugene, Oregon was elected to serve on ICBA’s Legislative Issues Committee. ICBA is the nation’s voice for community banks and is committed to its 92-year mission of creating and promoting an environment where community banks flourish.
By Summit Bank · Via Business Wire · May 2, 2022

Summit Bank (OTC Pink: SBKO):
By Summit Bank · Via Business Wire · April 5, 2022

Results are in for U.S. Small Business Administration (SBA) loans in Oregon, and Summit Bank (OTC Pink: SBKO) continues to lead the way. Lending totals reported in November of the SBA Portland District Office (with territory including Oregon and Southwest Washington) were recently published. The results detail that Summit Bank is the number one community bank lender in Oregon that offers SBA financing, with over $18MM in SBA loans as a third-party lender this year.
By Summit Bank · Via Business Wire · December 3, 2021

Gary O’Connell, Market President of Summit Bank (OTC Pink: SBKO), today announced that Roger Lee, the long-time Chief Executive Officer for the Economic Development of Central Oregon (EDCO) has joined the team as Vice President, Business Client Advisor. He brings nearly 30 years of economic development strategy including business recruitment and retention, industry development, and strategic projects to improve the overall business climate of Central Oregon.
By Summit Bank · Via Business Wire · November 22, 2021

Gary O’Connell, market president of Summit Bank (OTC Pink: SBKO), announced that Maarty Leunen has been hired as Assistant Vice President, Market Development Officer. A native of Central Oregon, Leunen brings a strong analytical background and extensive knowledge of our local business community to his position at Summit Bank.
By Summit Bank · Via Business Wire · October 26, 2021

Summit Bank (OTC Pink: SBKO):
By Summit Bank · Via Business Wire · October 20, 2021

Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC Pink: SBKO) today announced the promotion of Chris Hemmings to Chief Operating Officer of the Bank, effective immediately.
By Summit Bank · Via Business Wire · October 8, 2021

Jamie Shulman, market president of Summit Bank (OTC Pink: SBKO), today announced that Phil Czajka has been promoted to Assistant Vice President, Business Client Advisor. Phil brings more than 10 years of experience in banking including a strong analytical background and extensive knowledge in the healthcare industry both locally and nationwide.
By Summit Bank · Via Business Wire · October 5, 2021

Summit Bank (OTC Pink: SBKO) is pleased to announce that Jenny Bennett, a longtime Lane County-based community banker, banking executive and community leader, has been promoted to Market President for the Eugene and Springfield Market. Bennett steps in for Craig Wanichek, who remains President and CEO. Bennett will utilize her depth of banking experience and expansive business network to support the continued growth of Summit Bank’s client base in their headquarter market. Summit Bank is the only bank headquartered in Eugene.
By Summit Bank · Via Business Wire · September 29, 2021

Doug Wolford joins Summit Bank (OTC Pink: SBKO) today as Vice President, SBA Program Advisor for Summit Bank’s Small Business Administration Division.
By Summit Bank · Via Business Wire · September 9, 2021

Summit Bank, the fourth-largest bank headquartered in Oregon, today announced the formation of a Eugene/Springfield Advisory Board, comprised of six business leaders in the community. The advisory board will leverage their skills and expertise to provide guidance and direction to Summit Bank’s Eugene/Springfield leadership team.
By Summit Bank · Via Business Wire · July 21, 2021

Summit Bank (OTC Pink: SBKO)
By Summit Bank · Via Business Wire · July 21, 2021

Summit Bank (OTC Pink: SBKO) announced today the introduction of a new Portland Metropolitan-based Board of Advisors. These seven members of the advisory board will leverage their collective skills and expertise to provide guidance and direction to our Portland Metropolitan office.
By Summit Bank · Via Business Wire · July 19, 2021

Summit Bank (OTC Pink: SBKO) is pleased to announce that Angela DeVita, a 20-year Portland-based banking veteran, has joined Summit Bank as Vice President, Relationship Banking Manager for our Portland Metropolitan and Southwest Washington market. A high-achieving, experienced banking professional driven to develop and expand large deposit relationships, Angela creates and implements customized solutions to deliver the best Treasury Management products for Summit Bank’s commercial clients.
By Summit Bank · Via Business Wire · May 11, 2021

Summit Bank (OTC Pink: SBKO):
By Summit Bank · Via Business Wire · April 21, 2021