Community Association Banking

Based in the Pacific Northwest, Summit Bank provides personalized service and professional banking advice led by a business-focused, experienced Community Association Banking Team. What truly differentiates us from other financial institutions is all of our decisions are made by a small group of association banking experts, which results in responsive times for loan requests, nimble decision making and flexible solutions. In addition, all the deposits we collect are invested in Oregon into the communities we serve.

Summit Bank specializes in financing solutions for Homeowner Associations (HOAs). We understand your complex banking needs and our team can walk you through a variety of funding options assist you through the HOA loan application process. We offer specialized HOA Lending programs to keep your association in top condition. Our HOA loans can cover a wide range of uses including large repairs, disaster recovery expenses, and working capital.  

Summit Bank brings together experts with the know-how and experience to work collaboratively for associations. We understand that no two associations are alike and can move from term sheets to loan documents with a small group of decision makers that results in exceptionally fast turn times from application to loan closing. We provide educational assistance at board and community meetings to help educate homeowners and tenants about banking and finance.


Summit Bank understands the demanding operations of association managers. Our team has the local expertise, and our financial management services are tailored to your needs.

Analysis Business Checking: We offer a highly competitive earnings credit rate. Earn a credit on your HOA deposits while participating in the analyzed relationship maintained by your property management company.

Loans for Associations. This includes improvement, expansion, and working capital loans and lines of credit.

Remote Deposit Capture. Reduce time and money spent on preparing and processing deposits with a complementary single or multi feed scanner for your office.

Merchant Services. We provide payment processing services in partnership with merchant E-solutions. We will work to help you choose a customized solution to keep processing costs low, help you manage your business model, and strengthen your relationships.

Courier Service. We establish courier pick-ups for clients, which eliminates the need to take deposits to the bank.

Online ACH/Wire Transfer Platform. Increase collection rates, reduce paper, and save accounting time. Our platform is compatible with most major property management software.

FDIC-Insured Products. Including access to multi million dollar FDIC insurance on funds placed into money market accounts and certificate of deposit.

Customized Signature Card. Reduce the hassle of expanding or changing your banking relationships through our streamlined new account opening process designed specifically for your property management firm.

Lockbox. A bank-operated mailing address to which a company directs its clients to send their payments.  Lockbox compresses the amount of time a check is in the mail and deposited into your business account.