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Summit Bank names Chief Credit Administrator

August 16, 2010

EUGENE, Ore., August 16, 2010 – Summit Bank announces Craig Wanichek has been named Chief Credit Administrator.
“With over thirteen years of experience in commercial lending and his reputation as an exceptional banker, Craig is an excellent choice for this position,” said Ann Marie Mehlum, president of Summit Bank. “We are confident that he will bring extraordinary value to our clients, using his banking skills as well as his breadth of knowledge and experience in corporate finance and private enterprise.”
Prior to joining Summit, Wanichek was an executive at Monaco Coach Corp. Before that, he was vice president, corporate banker at Sterling Savings Bank and U.S. Bank in Eugene, where he managed significant business relationships with family owned businesses in the Willamette Valley.
“As a growing business itself, Summit is well-positioned to serve solid, mid-sized businesses,” said Wanichek. “I pride myself on being a resource for my customers, not just someone they talk to about loans and deposits. Summit provides me a real opportunity to be of service to local professionals and businesses.”
Wanichek earned a Bachelor of Science degree in economics from the University of Oregon. He sits on the Associated Oregon Industries Board, has served as chair of the City of Eugene budget committee, and served on the boards of the Eugene Chamber of Commerce and Cascade Health Solutions.
Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. Founded in 2004, Summit was Eugene/Springfield’s first new bank in more than 25 years. Headquartered in Eugene at 96 E. Broadway, the Bank is one of the region’s most successful community banks, specializing in providing high-level service to professionals and to medium-sized businesses and their owners.