Latest News


Summit Bank Announces Carly Carmichael as Assistant Vice President, Business Client Advisor

Gary O’Connell, Central Oregon Market President of Summit Bank (NASDAQ: SBKO), today announced that Carly Carmichael has joined the local banking team as Assistant Vice President (AVP) and Business Client Advisor.

“Carly brings an innovative range of experience and expertise to Summit,” said O’Connell. “Through her industry experience in marketing, public relations and corporate communications, she has a clear understanding of the diverse range of businesses in our area. She is a strategic thinker, evaluator and planner who has a proven ability to enhance our client experience on all touchpoints. Her market knowledge of the Central Oregon business community will help strengthen our bank. We are fortunate to have Carly as a part of our growing team.”

Carmichael earned her B.A. from the University of Portland and her JD/MBA with a concentration in sports marketing from the University of Oregon. She has 18 years of executive experience in previous positions such as the Director of Marketing at Mount Bachelor Ski Resort and the Vice President of Marketing and Client Services at Goldstreet Designs, which provides cost-effective public education and communication services to over 360 Utilities and Municipalities. She is a member of the Marketing Faculty at the University of Phoenix and is a previous Adjunct Professor at the Oregon State University Cascade Campus.

“I am excited to join Summit Bank,” said Carmichael. “My goal is to assist our clients and find banking solutions that will help them grow.  I look forward to helping Central Oregon businesses find out about the benefits of Summit and meet new businesses who have yet to work with us in the community.”

With offices in Bend and Eugene, Summit Bank is a community bank that specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. Summit is the number one community bank lender in Oregon for SBA Financing.  Summit Bank is designated for the second year in a row as a 100 Best Company to Work for in Oregon, according to Oregon Business Magazine.

Summit Bank Announces Chris Hemmings Promotion to Vice President, Controller and Senior Operations Manager

Craig Wanichek, president and chief executive officer of Summit Bank (Nasdaq: SBKO), announced the promotion of Chris Hemmings. His responsibilities include running the bank’s internal accounting functions as well as deposit operations and depository regulatory compliance. He will also work with bank’s Central Operations and Treasury Management team to enhance Summit’s operational and eBanking infrastructure.

“Throughout his time at Summit, Chris has been a vital contributor to our team,” said Wanichek. “We have the highest confidence in his ability to help the bank continue to grow and succeed in his expanded role.”

Chris is a former recipient of Eugene’s “20 Under 40” award for emerging business leaders in the Eugene area.

With offices in Eugene and Bend, Summit Bank is a community bank that specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. Summit is the number one community bank lender in Oregon for SBA Financing.  Summit Bank is designated this year as a 100 Best Company to Work for in Oregon, according to Oregon Business Magazine. Most recently, the bank was named a finalist for the Bold Steps Award, which recognizes local sustainable businesses and represents a partnership between the City of Eugene, the Mayor and BRING.

Summit Bank offers advanced integration with Quickbooks

In today’s evolving financial realm, businesses seek efficiencies through automation and integration. Introducing Direct Connect, which gives business online banking users the ability to download account information into QuickBooks®. Direct Connect gives our clients the power to manage their business or finances more effectively.

BENEFITS OF DIRECT CONNECT:

• No Manual Data Entry – Purchase QuickBooks®, an Intuit solution. Then, download all your transactions right into QuickBooks® instead of typing them in by hand.

• Automatically Reconcile Data – Direct Connect data includes complete transaction and balance information to make categorization and account reconciliation easy.

• No Duplicate Transactions – Direct Connect incorporates a special transaction- matching algorithm that prevents the download of duplicate transactions.

• Easy to Use – Direct Connect files may be automatically opened from within QuickBooks®, which eliminates the need for you to search for files that have been downloaded.

GET STARTED

Current QuickBooks® users can now select Summit Bank from their Intuit software for a real-time interconnectivity. Users can now securely interact with their account(s) to download financial information directly from QuickBooks. To find us, from your software’s Banking tab, select Online Banking Setup. Choose Summit Bank as your financial institution. We are listed as Summit Bank (OR). Follow the prompts and you’re ready to go.

Summit Bank Announces Marc Steinbaugh has Joined Local Banking Team

Craig Wanichek, president and chief executive officer of Summit Bank (Nasdaq: SBKO), today announced that Marc Steinbaugh has joined the local banking team in Eugene as Vice President, Relationship Banking Manager.  His responsibilities include ensuring Summit clients receive excellent care.

“Marc brings a significant amount of knowledge to Summit Bank,” said Wanichek. “He has developed a reputation of being a knowledgeable community banker.  He embodies Summit’s culture of developing and caring for the bank’s clients as well as being involved in the community.  We are excited to welcome him to our team.”

Marc has 15 years in Relationship Management experience with local community banks.  He is active in the non-profit, technology and manufacturing communities, currently serving as the Treasurer for Ophelia’s Place.  He has been active with many organizations from board service to headlining speaking engagements around the Pacific Northwest.

Along with his experience as a banker, Marc is a three-time world champion on the US National Skydiving team.  He is a former recipient of Eugene’s “20 Under 40” award for emerging business leaders in the Eugene area.

With offices in Eugene and Bend, Summit Bank is a community bank that specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.  Summit is the number one community bank lender in Oregon for SBA Financing.  Summit Bank is designated this year as a 100 Best Company to Work for in Oregon, according to Oregon Business Magazine.  Most recently, the bank was named a finalize for the Bold Steps Award, which recognizes local sustainable businesses and represents a partnership between the City of Eugene, the Mayor and BRING.

Summit Bank Announces Central Oregon Advisory Board

In an effort to provide a significant impact in Central Oregon, Gary O’Connell, the Regional President of Summit Bank, today announced the formation of the Summit Bank Central Oregon Advisory Board.  The board consists of business and community leaders throughout the region.

“We are excited to welcome this dynamic, six member team to our premier local community bank,” said O’Connell.  Advisory board members will be sought upon to deliver counsel and advice on the bank’s strategy, to provide market knowledge, to grow relationships for the bank and help promote Summit’s message of being the local community bank for business owners and residents in the area.

Advisory Group members include Jamie Danek, Humm Kombucha; Jay Moore, MD, MPH, The Center; Wes Price, Price Fronk & Co. CPA Firm; Bill Smith, William Smith Properties; Hayden Watson, Hayden-Homes; and Becca Williams, Owner, Red Plate Foods.  The first meeting of the board will take place in January.

With offices in Bend and Eugene, Summit Bank is a community bank that specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.  Summit is the number one community bank lender in Oregon for SBA Financing.  Summit Bank is designated this year as a 100 Best Company to Work for in Oregon, according to Oregon Business Magazine.  Most recently, the bank was named a finalist for the Bold Steps Award, which recognizes local sustainable businesses.

Summit Bank Announces Formation of Municipal Banking Group & Director

October 23, 2017, Eugene, OR – Craig Wanichek, president and chief executive officer of Summit Bank (Nasdaq: SBKO), today announced the formation of a Municipal Banking Group. Mike Mercer has been selected to lead the Group, which develops comprehensive, customized solutions to help public entities meet their goals through credit issuance, efficient funds management and providing safe and sound depository services.

“Our focus for Municipal Banking is the same focus we have throughout Summit: to build relationships and partner with clients to provide resources and help them succeed, “said Wanichek. “We look forward to offering municipal communities, many of which are in rural and underserved areas, with a viable community banking alternative for banking and financing options.”

As a banker with a 30-year history in commercial lending and executive management, Mercer brings knowledge and depth to the Group. “Our goal is to partner with clients in the Pacific Northwest.  As a community bank, we can relate to small and medium size public entities where relationships matter,” said Mercer.  “What Summit offers is responsive decision making, fast turnaround and customized solutions. We understand the challenges and needs of municipalities and governments and provide them with the tools they need to successfully navigate through purchases and refinances.”

Summit Bank’s Municipal Banking Group offers full service banking to Cities, Counties, Fire Districts, Ports, School Districts and other special-purpose districts in the Pacific Northwest.

With offices in Eugene and Bend, Summit Bank is a community bank that specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.  Summit is the number one community bank lender in Oregon for SBA Financing.  Summit Bank is designated this year as a 100 Best Company to Work for in Oregon, according to Oregon Business Magazine.  Most recently, the bank was named a finalist for the Bold Steps Award, which recognizes local sustainable businesses and represents a partnership between the City of Eugene, the Mayor and BRING.

Summit Bank announces Piotrek Buciarski has joined local banking team as Vice President, Corporate Business Development

October 2, 2017, Eugene, OR – Craig Wanichek, president and chief executive officer of Summit Bank (Nasdaq: SBKO), today announced that Piotrek Buciarski has joined the local banking team.

“Piotrek brings an incredible amount of ability to Summit Bank,” said Wanichek. “As the former Director of Marketing & Sales at TrackTown USA and also as a three-time All-American and Olympian, Piotrek possesses a tremendous amount of skill and dedication.  He are pleased to have him as a part of our team in a role that will help Summit Bank grow our relationships in Eugene and Central Oregon.”

In his recent role as Director of Marketing & Sales for TrackTown USA, Piotrek worked for the 2016 IAAF World Indoor Championships and the 2016 U.S. Olympic Team Trials.  He was also involved in project management with the TrackTown Summer Series.

Along with his experience at TrackTown USA, Piotrek is a former pole vaulter.  He is a three-time All American for the Ducks in this sport, and represented Denmark at the 2004 Athens Olympic Games and the IAAF World Championships in Edmonton, Paris and Helsinki.

Piotrek earned his MBA in sports marketing at the University of Oregon.  He has an undergraduate degree from the UO as well, with a degree in Economics.

With offices in Eugene and Bend, Summit Bank is a community bank that specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.  Summit is the number one community bank lender in Oregon for SBA Financing.  Summit Bank is designated this year as a 100 Best Company to Work for in Oregon, according to Oregon Business Magazine.  Most recently, the bank was named a finalize for the Bold Steps Award, which recognizes local sustainable businesses and represents a partnership between the City of Eugene, the Mayor and BRING.

Equifax Breach: Additional Information for Summit Bank Clients

Recently, Equifax, one of the three national consumer credit reporting agencies, announced a major data breach. This breach affects approximately 143 million Americans. This is what we know according to Equifax: the data breach occurred May – July 2017, and the information stolen includes consumers’ personally identifiable information, including names, Social Security numbers, dates of birth, addresses and, in some cases, driver’s license numbers. Approximately 209,000 credit card numbers and dispute documents with personally identifiable information for approximately 182,000 consumers were also stolen. There is no evidence of unauthorized access to consumers’ credit reporting databases.

To be clear, Summit Bank was not compromised and your information was not stolen from our bank. However, we take the security of our customer information very seriously, and we are providing you with the information we know about this massive breach and the steps you can take to protect your personally identifiable information if you so desire. Following this unprecedented breach, we are also asking our customers to be extra vigilant and report any suspicious activity in your Summit Bank accounts to by calling your local branch.

Equifax has established a website that informs consumers if they may be affected by the breach, provides additional information on the breach, and offers complimentary identity theft protection and credit file monitoring. This information is available at www.equifaxsecurity2017.com. To protect your identity and personal information, Summit Bank strongly encourages our customers to take the actions noted below.

  • Review your account statements to spot any suspicious transactions. You can also monitor your account activity online at any time at sbko.com
  • If you spot any suspicious transactions, please contact us immediately at: 541.684.7500 (Eugene) or 541.317.8000 (Bend).
  • Consider if you should place an initial fraud alert on your credit report (see https://www.consumer.ftc.gov/articles/0275-place-fraud-alert).
  • Consider if you should freeze your credit file (see https://www.consumer.ftc.gov/articles/0497-credit-freeze-faqs).
  • Review your credit reports for accuracy. Call any one of the three credit reporting agencies to receive your free annual credit report or visit www.annualcreditreport.gov.

Experian ®
P.O. Box 9554
Allen, TX 75013
888-397-3742
www.experian.com

TransUnion®
P.O. Box 2000
Chester, PA 19016                    

800-680-7289
www.transunion.com

Equifax®
P.O. Box 740241
Atlanta, GA 30374
866-349-5191
www.equifax.com

     

  • You should also contact the credit reporting agencies to notify them of any suspected fraud or identity theft.

If you believe you are the victim of identity theft, contact your local law enforcement office and/or your state attorney general. Finally, you may also want to consider reviewing information about recovering from identity theft, which is available from the Federal Trade Commission (FTC) at https://www.identitytheft.gov/ or by calling 1-877-IDTHEFT (1-877-438-4338). The FTC also offers general information to protect your online presence at https://www.consumer.ftc.gov/topics/privacy-identity-online-security.

Equifax has established a dedicated toll-free number to answer questions you may have about the Equifax data breach and its effect on your personally identifiable information. You may call them at 866-447-7559.

Summit Bank Announces Hires Jill Cummings as AVP/ Market Development Officer

September 21 2017, Bend, OR – Gary O’Connell, central Oregon market president of Summit Bank (NASDAQ: SBKO), today announced that Jill Cummings has joined the local banking team as Assistant Vice President (AVP) Market Development Officer.

“Jill brings a wealth of knowledge and experience to Summit Bank,” said O’Connell. “As an experienced development officer, coach and branch manager, she brings a tremendous amount of diverse skills to our Central Oregon team.”
A native of Central Oregon, Cummings has witnessed the growth and market challenges C.O. has faced. She has over 15 years of banking experience and has cultivated countless relationships in the area through philanthropy and giving back to the community in which she lives. She is a Board Member of the Redmond Chamber of Commerce and a Student Teacher for Junior Achievement, which inspires and prepares young people in the community to succeed in a global economy.

“I am excited to be a part of Central Oregon’s local community bank,” said Cummings. “My goal is to expand our community bank offering to local and regional businesses and professionals with relationship banking and customized solutions that will help them grow and run more efficiently. Summit is committed to being flexible, responsive relationship-focused. I look forward to helping grow our company and communicate our message in the Central Oregon market.”

With offices in Eugene and Bend, Summit Bank is a community bank that specializes in providing high-level service to professionals and medium-sized businesses and their owners. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. Summit is the number one community bank lender in Oregon for SBA Financing. Summit Bank is designated this year as a 100 Best Company to Work for in Oregon, according to Oregon Business Magazine.

For more information, contact Gary O’Connell, Central Oregon Market President, at 541-317-8000