Summit Bank Hires Al Steinhaus as VP/Business Client Advisor

Gary O’Connell, central Oregon market president of Summit Bank (NASDAQ: SBKO), today announced that Al Steinhaus has joined the local banking team as Vice President (VP) and Business Client Advisor.

“Al brings a wealth of expertise, insight and experience to Summit Bank,” said O’Connell. “As a seasoned banker with extensive knowledge in equipment lending, real estate loans, business acquisition funding and working capital lines, he brings a tremendous amount of value to our Central Oregon team.”A native of Portland, Steinhaus earned his BA in Finance from the University of Oregon and his MBA from Southern Methodist University. He has years of successful experience consulting with clients and prospects about growing and expanding their business. His focus at Summit is on building long term relationships, based on meeting and exceeding the mutual goals and objectives of companies in Oregon. He comes to Summit with 30 years of banking and financial services experience in business development, marketing, strategic planning, risk management and operations.

He is active in the community and volunteers with a number of organizations. He just completed a six-year term on the Board of Directors of the Alumni Association at the University of Oregon.

“I am happy to be a part of Central Oregon’s local community bank,” said Steinhaus. “I am dedicated to building relationships and developing solutions for our current and future clients.”

With offices in Bend and Eugene, Summit Bank is a community business 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 two years in a row as a 100 Best Company to Work for in Oregon, according to Oregon Business Magazine.