![Summit Bank Online [SummitBankOnline.com]](/images/summit_bank_online_logo_print.jpg){kind=logo}
What's New
Press Releases
Community Investors Rally Around Summit Bank
December 12, 2003Eugene, Ore - Summit Bank, a new community bank for Eugene/Springfield, recently announced it has raised nearly half of the minimum $7 million in capital needed to open its doors for business. In addition, organizers have received indications of interest for an additional $7-$10 million from potential investors.
“We are encouraged by the community’s tremendous show of support for this venture,” says Ann Marie Mehlum, chief executive officer of Summit Bank. “With a solid business plan and most of the regulatory application work completed, we are now in the heart of building the infrastructure of the bank – the fun part!”
Summit Bank will be a locally owned community bank for Eugene/Springfield. The start-up is being created for and by local business owners and professionals with an emphasis on personalized customer service and a strong commitment to serve the local community.