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SUMMIT BANK PROMOTES CHRIS HEMMINGS TO CHIEF OPERATING OFFICER

Eugene, OR October 8, 2021:  (BUSINESS WIRE)–Summit Bank (OTC Pink: SBKO)

Craig Wanichek, President and Chief Executive Officer of Summit Bank today announced the promotion of Chris Hemmings to Chief Operating Officer of the Bank, effective immediately.

Hemmings has been with Summit Bank since 2008 and has served in various capacities, most recently as Senior Vice President & Chief Administrative Officer and before that Controller.  “With over 13 years of experience with Summit, Chris is the ideal choice for this position,” says Wanichek. “His knowledge of company culture, banking, risk management, finance, compliance, and operations is exceptional.  He has strong leadership abilities both in the office and in our community. Promoting Chris means we are positioning Summit Bank for continued growth and long-term success.”

Hemmings is involved in philanthropic work throughout Lane County.  He is a member of the Board of Directors of FOOD for Lane County and participates in the non-profit’s Budget and Finance Committee.  He volunteers with the United Way of Lane County.  He is a member of the Government Relations Committee of the Oregon Banker’s Association. He is a former recipient of the 20 Under 40 awards, which honors Lane County’s Top young leaders.  In 2020, he was listed as a Top 40 under 40 bankers in the Country, according to Independent Banker, the flagship publication of Independent Community Bankers of America (ICBA).  The nomination-based award recognizes up-and-coming community bankers who demonstrate exceptional potential in leadership, innovation, and community work.

A native of the United Kingdom, Hemmings moved to Oregon to attend the University of Oregon, where he graduated Summa Cum Laude with a Bachelor of Science degree and Honors in both Economics and Political Science.  At Summit, he serves as Chair of the Bank’s Operations Committee, which evaluates and guides efforts that support Summit Bank’s strategic operational initiatives, and as Chair of the Bank’s Compliance Committee.  In this new role, Hemmings will oversee Operations, Compliance, Human Resources, Loan Servicing and Documentation, and I.T. Services. 

Summit Bank, with offices in Eugene/Springfield, Central Oregon, and the Portland Metropolitan area, specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit was recognized in 2020 as the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.

SUMMIT BANK ANNOUNCES PHIL CZAJKA PROMOTION TO ASSISTANT VICE PRESIDENT, BUSINESS CLIENT ADVISOR

Portland, OR.–(BUSINESS WIRE)– Summit Bank (OTC Pink: SBKO). Jamie Shulman, market president of Summit Bank, 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.

Phil was part of the original seven that opened Summit Bank’s office in the Portland Metropolitan area.  He assisted in developing the bank’s dental lending program. “During his time at Summit Bank, Phil has proven to be a reliable asset and colleague. In his role as Business Client Advisor, he will continue to work with our clients and assist local businesses while managing a portfolio of satisfied clients both in the healthcare and commercial real estate spaces,” says Shulman.  “Phil’s promotion will allow him to focus more on taking care of existing and prospective clients.  He will advocate for and assist local businesses in both the Portland and SW Washington markets.”

Phil is an active member of the Portland and SW Washington communities. He currently is an active member of Leap Adventure’s finance committee, the Commercial Real Estate for Women (CREW) program committee, West Ridge Community Board Member, the Southwest Washington Contractors Association, and is a Youth Coach at Vancouver Parks & Recreation. In his spare time, he volunteers with the Oregon and Clark County Food Banks, Habitat for Humanity, Meals on Wheels, Mission of Mercy, College Possible, Trillium Family Services, and the Oregon State College of Business.

Summit Bank, with offices in Eugene/Springfield, Central Oregon and the Portland Metropolitan area, specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit was recognized in 2020 as the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.

Summit Bank Promotes Jenny Bennett to Eugene/Springfield Market President

EUGENE, Ore.–(BUSINESS WIRE)–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.

Bennett’s prior executive role at Summit was the Senior Vice President of Marketing and Business Development. While in this role, she grew the bank’s brand in Summit’s Eugene/Springfield, Central Oregon and Portland Metropolitan markets and maintained and grew relationships in businesses in the area. Jenny will continue to serve on the Bank’s Executive Committee. Preceding that, she worked for a former community bank as their Director of Marketing. She is skilled in the areas of strategic planning, leadership, business development, account acquisition and treasury management.

“Jenny is a successful community leader and contributor at Summit,” says Wanichek. “In the six years she’s been with us, she’s made a significant impact on our growth in the market as well as our bottom line. She epitomizes what it means to be a community banker. We look forward to her continued leadership at our company.”

Bennett, who has a Bachelor of Arts in Journalism from the University of Oregon with an emphasis in public relations, is heavily involved in the business community. She serves as a Past President of the Board of Directors of the Relief Nursery and the Shedd Institute of the Arts. She is the current Chair of the annual Relief Nursery Main Event, which raises hundreds of thousands of dollars for the 1000 children and families served by the Relief Nurseries in Eugene and Springfield. She is a 10-year Chair of Marketing for the Oregon Bankers Association. In 2019, she won the OBA’s Presidential Award for her service to the industry. Most recently, she was elected to the American Bankers Association’s Communications Council, advises the ABA on overall communications and whose membership comprises the Editorial Board of the ABA Banking Journal. The Journal was first published in 1908 and provides insights that help banking leaders succeed in the competitive financial services market.

Bennett is currently attending the Pacific Coast Banking School in partnership with the Foster Graduate School of Business at the University of Washington. She is the 2021 recipient of the “Rise Above the Rest” scholarship, which is a multi-year scholarship aimed at promoting advanced education for high-potential employees in the finance industry. She is a member of the Oregon Bankers Association. Bennett is a 2008 recipient of the inaugural class of the 20 Under 40 awards, which honors Lane County’s top young leaders.

“The past 18 months have shown me the power of community banking. I have never been so proud to be a banker as I have been during the past 18 months of this pandemic. My colleagues at Summit and in the industry worked tirelessly to help our clients keep their doors open. As community bankers, we must never lose sight of the importance to give back to the communities we serve. Summit has a strong team and I am excited for the opportunity to work with our colleagues and clients to continue to make Summit the best bank of choice for businesses and their owners,” says Bennett.

Summit Bank, with offices in Eugene/Springfield, Central Oregon and the Portland Metropolitan area, specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit was recognized in 2020 as the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.

SUMMIT BANK HIRES LONG-TIME INDUSTRY EXPERT AS PROGRAM ADVISOR TO SBA DIVISION

Doug Wolford joins Summit Bank today as Vice President, SBA Program Advisor for Summit Bank’s Small Business Administration Division.

Doug has nearly 30 years of SBA experience, previously leading SBA for a well-known regional bank with borrowers in Alaska, Washington, Oregon, Montana, and Idaho. He is a graduate of Montana State University and has a Bachelor’s degree in Economics and a Master’s of Science degree in Applied Economics.

Doug’s role with the Bank will focus on cultivating relationships with current and prospective SBA borrowers.  He will also work with clients and colleagues in our Eugene / Springfield, Central Oregon, and Portland markets. According to Summit Bank Senior Vice President and SBA Administrator Ashley Horner, “We are thrilled to have Doug join the Summit Bank SBA Division. His depth of experience in the government guarantee loan arena is unmatched and this will provide Summit Bank clients with an additional benefit in obtaining SBA 7(a) loans including SBA Express Lines of Credit and USDA loans.”

He is a long-time member of the National Association of Guaranteed Government Lenders (NAGGL) and is a member of the Northwest Business Development Association (NWBDA) Loan Committee.

SUMMIT BANK ANNOUNCES NEW ADVISORY BOARD FOR EUGENE/SPRINGFIELD MARKET

Eugene, OR July 21, 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. 

The new advisory board members are Kyle Hudson (CEO at IMA Financial/KPD), Paula Lafferty (CEO at SnoTemp), Rusty Rexius (Founder & Co-President at Rexius), Casey Roscoe (SVP at Seneca Sawmill Co.), Kelly Sutherland (Executive Director at Relief Nursery Eugene) and Scott Williams (Board Chairman at Hamilton Construction) “These six new advisory board members represent a significant milestone for the Bank as we work together to become Oregon’s leading business bank,” said Craig Wanichek, President and CEO of Summit Bank. “Our advisory board brings a diverse combination of leadership expertise and professional skills that will help us strengthen Summit Bank’s commitment to being the business bank of choice for small to medium size businesses headquartered in the State of Oregon.” 

More information about the advisory board is below:

  • Kyle Hudson, IMA Financial/ KPD

Kyle is the CEO of k.p.d. insurance/ IMA Financial Group. He is a Central California native and a graduate from Oregon State University. In 2003, Kyle joined k.p.d. insurance. Although new to the insurance industry that year, Kyle finished in the top 2% of students in the National Alliance for Insurance Education’s New Producer School. That resolve for excellence is key to his follow-through and attention to details with clients, carriers, and employees. Kyle holds the designation of Certified Insurance Counselor.

  • Paula Lafferty, SnoTemp

Paula is a third-generation shareholder and CEO at SnoTemp Cold Storage. She was born in Eugene and raised around the family business. She attended the University of Colorado and received a Bachelor’s degree in International Studies and History. After a year of project work for SnoTemp, she set off to travel around Asia and South America, returning to live and work in Los Angeles. In 2010, she returned to Oregon and has worked in all areas at SnoTemp while the business more than doubled in size. She is passionate about working alongside family members to sustain and grow the family businesses. Paula served 10 years as a director for Broughton Lumber Company and volunteered as a director for the Willamette Valley Sustainable Foods Alliance. She is currently the president and chair of the Board of Directors of SnoTemp.

  • Rusty Rexius, Rexius

Rusty is the Co-President of Rexius. He grew up in the family business, holding his first “real” job with the company at age 12. He studied business at the University of Oregon but left two terms early to buy his first business in Portland before joining Rexius. The company has been thriving for over 90 years.  Rusty has worked for Rexius full time for 32 years as he provided general oversight of all transportation, retail, wholesale, commercial, and landscape operations.  He is currently a board member for Christians as Family Advocates, Pleasant Hill School Board, and Talia’s Voice.

  • Casey Roscoe, Seneca Sawmill Co.

Casey is the Senior Vice President of Marketing & Communications at Seneca. She graduated from Providence College with a Bachelor of Science degree in Marketing. She moved to Washington, D.C. to work for Congressman Bob Smith who represented Oregon’s 2nd Congressional District and was also Chairman of the House of Agriculture Committee. As SVP of Marketing & Communications, Casey is part of Seneca’s four-person executive team. In addition to her position at Seneca, Casey sits on the Board of Directors of the Oregon State University Forestry Education Council, GreenLane Sustainable Business Network, and Oregon Forest Resources Institute.

  • Kelly Sutherland, Relief Nursery Eugene

Kelly Sutherland was born in Lexington, Kentucky. She moved to New York City where she attended New York University, earning a Bachelor of Arts in Film and Television, and a Master of Arts in Journalism. Kelly lived and worked in New York City until she moved with her family to Eugene in 1999. She immediately began volunteering at Relief Nursery and after 6 years in the community, began working at Relief Nursery.  In 2011 she assumed the leadership role as Executive Director, a position she has held since 2010. Kelly has overseen the expansion of services into the Springfield community and as a member of the Oregon Association of Relief Nurseries has been instrumental in the growth and expansion of Relief Nurseries across the state.

  • Scott Williams, Hamilton Construction

Scott is the Chairman of the Board of Directors of Hamilton Construction. He was born and raised in Oregon and graduated from Oregon State University with a civil engineering management degree. Throughout his 42 year career with Hamilton, he has worn many hats, from engineer, project manager and chief estimator, to president from 2000 to 2019. Scott currently serves on the boards of Construction Education Foundation, Looking Glass Youth and Family Services and AGC National Charities.

Summit Bank, with offices in Eugene/Springfield, Central Oregon and the Portland Metropolitan area, specializes in providing high-level service to professionals as well as medium-sized businesses and their owners. Summit was recognized in 2020 as the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.

Summit Bank introduces upgraded debit card after-hours contact center

Hello Summit Bank clients. Our new upgraded debit card after-hours contact center is now live!  In addition to debit card premium text alerts (including weekends and holidays) the upgraded center includes:

  • Damaged Card Replacement
  • Card Production Inquiries
  • Pin Counter Reset
  • Pin Mailer Reissue
  • Travel Exemptions
  • Card Valet Assistance
  • 3D Secure

Thank you for banking with Summit.  We appreciate your business and are happy you are here. 

SUMMIT BANK ANNOUNCES NEW BOARD OF ADVISORS FOR PORTLAND METROPOLITAN OFFICE

Summit Bank 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.

Joining the newly established Board is Adam K. Abplanalp (Cobalt CPA), David Howitt (Meriwether Group), Jessica Getman (Brown & Brown), Jerry Elliott (EOP Law), Orlando Williams (Motus Recruiting & Staffing), Tom Beer (OHSU), and Vanessa Sturgeon (TMT Development).

“We are very pleased to welcome this group of talented, experienced leaders to advise our company through future phases of growth in Portland,” said Market President Jamie Shulman. “Their collective expertise in key areas such as Commercial Real Estate, Insurance, Healthcare, and Professional Services will be invaluable as the team helps guide strategic decisions and our client relationships. I am excited and confident our advisory board will bring new opportunities to strengthen Summit Bank’s commitment to being Oregon’s Business Bank of choice.”

Advisory Board Members include a diverse group of Oregon leaders.  The group will meet quarterly with an initial meeting on Tuesday, July 20.

  • Adam K. Abplanalp, Cobalt CPA

With plans to one day work for the United Nations, Abplanalp went to pursue a Political Science degree at the University of Oregon’s Honors College. He changed his major in the middle of his junior year and was the first Honors College student to get a degree in Accounting. After seven years working at Umpqua Bank, Adam was ready for a new challenge. He founded Cobalt in May of 2015.

  • David Howitt, Meriwether Group

Howitt is an entrepreneur, operator and innovator with over 20 years of experience providing business strategy, financial and legal counsel to global Fortune 100 companies and early-stage start-ups. His experience working with iconic consumer brands started in 1996 when he assumed the role of Corporate Counsel for Adidas, a role he had for four years, during which time the company experienced explosive growth.

  • Jessica Getman, Brown & Brown Insurance

Getman is President of Brown & Brown Northwest Insurance, a division of Brown & Brown Insurance. In addition to managing the Northwest region, including offices in Portland, Bend, Medford and Southwest Washington, she provides service and consultation to many large commercial clients. Brown & Brown Northwest is one of the largest insurance operations in the Pacific Northwest.

  • Jerry Elliott, EOP Law

Elliott assists clients primarily in business and real estate matters. His practice includes business formations, financings, mergers and acquisitions, commercial transactions, and real estate deals. He also provides general counsel to closely-held companies. He previously practiced law in California, where he specialized in business and real estate transactions, securities law, and debt and equity financings, including venture capital financings and private and public offerings.

  • Orlando Williams, Motus Recruiting & Staffing

Williams is president, chief executive officer, and chief equity officer of Motus Recruiting and Staffing, Inc. Before founding Motus in 2006, Orlando started his recruiting career as an ambassador for prospective visiting athletes at the University of Oregon. He also served in a high-profile advocacy role as a player and Community Outreach Ambassador of Goodwill for the world-famous Harlem Globetrotters.

  • Tom Beer, OHSU

Dr.  Beer is a Professor of Medicine and Grover C. Bagby Endowed Chair for Prostate Cancer Research in the Division of Hematology & Medical Oncology, where he leads the Prostate Cancer Research Program, encompassing basic research, translational research, clinical trials of novel therapeutic strategies in prostate cancer, and studies aimed at enhancing cancer survivorship.

  • Vanessa Sturgeon, TMT Development

Sturgeon became president and CEO of TMT Development in 2010. Founded by her grandfather, Thomas P. Moyer, Vanessa started learning the business while still in college. Today, she leads a team that manages more than 6.5 million square feet of mixed-use high-rise assets, retail shopping centers, and industrial parks in Oregon and Washington.

Summit Bank, with offices in Eugene/Springfield, Central Oregon, and the Portland Metropolitan area, specializes in providing high-level service to professionals as well as medium-sized businesses and their owners. Summit was recognized in 2020 as the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.

Summit Bank to send text alerts for unusual or fraudulent debit card activity

As a result of continuous effort to ensure your Summit Bank account(s) are safe and secure, you will soon start receiving text alerts from Summit Bank when unusual or fraudulent debit card activity is suspected.  

Starting July 20, all Summit Bank debit card clients will receive text alerts from Summit Bank’s Fraud Center instead of phone calls when this activity is detected.  To recognize that these text alerts are from Summit Bank’s Fraud Center, they will have the code 37-268 embedded within the message.

The text alert will be requesting you verify the suspicious transaction with a “YES” it was me, or “NO” it was not. You can also choose to opt out of these text messages by replying “STOP.”  If you do not respond to the text alert within 15 minutes to verify the transaction, you will receive a follow up phone call.  

In order to receive these new text alerts, we must have your cell phone number on file and attached to your card.  This new safety enhancement to our debit cards is put in place to help your account remain confidential and secure.  

If you have any questions or concerns about this new enhancement, please contact your banker.

Summit Bank adds Jenn Limoges to the Central Oregon Advisory Board

Summit Bank is pleased to announce that Jenn Limoges, a 15-year real estate executive and co-owner of the NAI Cascade brokerage firm, has joined the Summit Bank Central Oregon Advisory Board. 

According to Central Oregon Market President Gary O’Connell, “Jenn’s dynamic experience, leadership, and strong analytical skills will make her a great addition to the Advisory Board.  She is a skilled executive who has managed multiple retail and office marketing, sales, facility, and operations departments. We look forward to having Jenn become a part of the team. “

Jenn Limoges will be the seventh addition to the Central Oregon Advisory Board for Summit Bank which already includes: Wes Price, who serves as Advisory Board Chair (Price Fronk & Co.),  Becca Williams (Red Plate Foods), Jamie Danek (Humm Kombucha), Dr, Jay Moore (The Center), Bill Smith (William Smith Properties Inc.) and Hayden Watson (Hayden Homes).

“I am thrilled to join Summit Bank’s Advisory Board for Central Oregon,” says Limoges. “This will be a great position to bring my depth of business expertise and market knowledge to help Summit Bank foster its rapid growth in our region” 

Summit Bank, with offices in Eugene/Springfield, Central Oregon and the Portland Metropolitan area, specializes in providing high-level service to professionals as well as medium-sized businesses and their owners. Summit was recognized in 2020 as the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. 

For more information, contact:  Gary O’Connell, Central Oregon Market President 541.317.8002 goconnell@sbko.bank

Summit Bank Hires Angela DeVita as Vice President, relationship Banking Manager

Summit Bank 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.

DeVita is skilled in the areas of relationship management, deposit service products and treasury management. She has extensive experience reviewing, analyzing and supporting the ongoing needs of complex deposit account relationships.  

“We are excited to have Angela join our banking team,” says Summit Bank Commercial Banking Team Lead Steve Watts. “She is a consistent market leader in developing new business banking relationships and her contributions will help Summit Bank become the business bank of choice in our market.  We look forward to having her become a vital contributor to our team.”  

DeVita is a 2018 graduate of the Executive Leadership program for the Oregon Banker’s Association and a member of the Association for Financial Professionals of Oregon and SW Washington.  A native Oregonian, she studied Business Administration at Mt. Hood Community College.  

“I am happy to be a part of Portland’s business bank of choice,” says DeVita. “My goal is to assist the team in providing local businesses with relationship banking and customized solutions that will help them grow and run more efficiently.  I look forward to helping develop Summit Bank and communicate our message in this market.”

Summit Bank, with offices in Eugene/Springfield, Central Oregon and the Portland Metropolitan area, specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit was recognized in 2020 as the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. 

For more information, contact Jamie Shulman, Portland Market President/503.940.1922/jshulman@sbko.bank