Press Release

Summit Bank Opens A Full Service Branch Office in Downtown Portland

Company Release - 7/31/2019 6:37 PM ET

EUGENE, Ore.--(BUSINESS WIRE)-- Craig Wanichek, president and chief executive officer of Summit Bank (OTC Pink: SBKO), announced today that the bank will open a full service office in downtown Portland in the KOIN Center on Monday, August 5.

The office is located on the second floor of the KOIN Center. The bank has operated a Loan Production Office in a Professional Suite in downtown since early January, when it first entered the Portland market. “This office suite and location provides us with an ideal space to expand our relationship based banking,” says Wanichek. Office hours for Summit Bank are 9:00 a.m. – 5:00 p.m., with remote and online banking open 24-hours a day, seven days a week.

The Summit Bank colleagues in Portland are highly skilled bankers with experience in commercial banking, treasury management and business development. The team includes Steve Watts, SVP, Commercial Banking Team Leader, Gabe Wells, VP, Business Client Advisor, Kevin Holmquist, VP, Business Client Advisor, Brian Thomas, VP, Business Client Advisor, Phil Czajka, Portfolio Manager, Clayton Jimenez, Portfolio Manager, Emily Wever, Cash Management Officer, Carol Bradley, Operations Supervisor, and Winni Drake, Loan Operations Executive Administrator.

“We are excited to move into our permanent home in the KOIN Center,” says Watts. “The move will add local depository services to our already strong suite of lending and treasury management services here in Portland. We have a great team and are committed to serving small and medium sized businesses, professionals and non-profits. The reception we’ve received since opening our loan production office in January has been tremendous. We fill a niche – a local community bank that is technologically up to speed, nimble and competent when it comes to serving clients.”

With offices in Eugene, Bend and Portland, Summit Bank is a 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 Bank was recognized earlier this year as one of the top 200 Community Banks in America by the American Banking Association. The Bank was also honored as one of the Top 100 Green Companies in Oregon, according to Oregon Business Magazine.

Craig Wanichek, President & Chief Executive Officer, 541-684-7500

Source: Summit Bank