July 30, 2020 – Craig Wanichek, president and chief executive officer of Summit Bank (OTC Pink: SBKO), today announced that Rachael Baker has been promoted to Vice President, Compliance Officer. She is responsible for managing all facets of regulatory compliance affecting bank operations, including marketing, deposits and lending through Summit Bank’s Compliance program. She will also maintain and assess compliance policies and business procedures for integration of regulatory requirements and industry best practices.
Baker was the second hire in Summit Bank’s de novo Central Oregon office when it opened five years ago. “During her time at Summit Bank,” said Wanichek, “Rachael has proven to be a valuable asset and colleague at Summit Bank. She has worked her way from Associate Business Client Advisor to Business Portfolio Manager, where she managed a team of commercial underwriters and a loan processor.” Baker’s promotion includes being appointed to Summit Bank’s Leadership Team.
Baker is an active member of the Central Oregon community. She serves on the advisory board of Heathy Families of the High Desert, volunteers regularly with the local school district, and coaches youth softball.
With offices in Eugene, Bend and downtown Portland, Summit Bank is a community bank that specializes in providing high-level service to professionals and medium-sized businesses and their owners.