Summit Bank Began Serving The Needs Of Local Businesses And Customers In 2004 And Was The First Independent Community Bank To Open In The Eugene/Springfield Area In 25 Years.
The Birth Of The Bank Came After Multiple Mergers That Left Local Business Owners And Professionals Lacking The Personalized Service And Professionalism Long Associated With Locally Established And Focused Banking Institutions.
Summit Bank's Assets Have Exceeded 1 Billion. The Bank Is Owned By More Than 400 Shareholders And Is Traded Over The Counter Under The Symbol SBKO.
Summit Bank Has About 400 Local Shareholders, The Majority Of Whom Are Summit Bank Customers And Individuals Who Live And Work In The Communities They Serve, Many Of Whom Bank Through Summit Bank.
In Addition, There Is A Local Board Of Directors And Three Community Advisory Committees (Central Oregon, Eugene, And Portland) Whose Members Are Shareholders And Customers Of The Bank.
Unlike The Big Banks, Which Have Any Institutional Investors. Publicly Traded Over-the-counter Via Pink Notes (code: SBKO)
Summit Bank Has Been Named One Of The Best Performing Community Banks In The Country In A Report Released By S & P Global Market Intelligence, Which Ranks All Community Banks With Assets Under $1 Billion.
Summit Is Ranked 78th And In The Top 2% Of The Nearly 4,600 Community Banks Headquartered Across The Country. Additionally, Summit Bank Maintains A 5-star Rating With Bauer Financial. Summit Bank Has Been Named One Of The "100 Best Companies To Work For In Oregon" By The Oregon Business Journal For The Past Six Years And "Best Employers In Oregon" By The "Oregon Top 100 Green Companies" For The Past Four Years.