Summit Bank Announces New Advisory Board for Eugene/Springfield Market

Rhea-AI Summary

Summit Bank, Oregon's fourth-largest bank, has established the Eugene/Springfield Advisory Board, comprising six local business leaders to provide strategic guidance. Notable members include Kyle Hudson (CEO, IMA Financial), Paula Lafferty (CEO, SnoTemp), and Scott Williams (Chairman, Hamilton Construction). This initiative aims to enhance Summit Bank's mission of being the preferred banking partner for small to medium-sized businesses in Oregon. President Craig Wanichek highlighted the board's diverse expertise as crucial for strengthening the bank's commitment to the community.

Positive

• Formation of Eugene/Springfield Advisory Board with six experienced local leaders.
• Enhancement of strategic direction through local expertise.
• Strengthening Summit Bank’s commitment to small and medium-sized businesses.

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• None.

Summit Bank, the fourth-largest bank headquartered in Oregon, today announced the formation of a Eugene/Springfield Advisory Board, comprised of six business leaders in the community. The advisory board will leverage their skills and expertise to provide guidance and direction to Summit Bank’s Eugene/Springfield leadership team.

Kyle Hudson, IMA Financial/ KPD (Photo: Business Wire)

The new advisory board members are Kyle Hudson (CEO at IMA Financial/KPD), Paula Lafferty (CEO at SnoTemp), Rusty Rexius (Founder & Co-President at Rexius), Casey Roscoe (SVP at Seneca Sawmill Co.), Kelly Sutherland (Executive Director at Relief Nursery Eugene) and Scott Williams (Board Chairman at Hamilton Construction) “These six new advisory board members represent a significant milestone for the Bank as we work together to become Oregon’s leading business bank,” said Craig Wanichek, President and CEO of Summit Bank. “Our advisory board brings a diverse combination of leadership expertise and professional skills that will help us strengthen Summit Bank’s commitment to being the business bank of choice for small to medium size businesses headquartered in the State of Oregon.”

More information about the advisory board is below:

• Kyle Hudson, IMA Financial/ KPD

Kyle is the CEO of k.p.d. insurance/ IMA Financial Group He is a Central California native and a graduate from Oregon State University. In 2003, Kyle joined k.p.d. insurance. Although new to the insurance industry that year, Kyle finished in the top 2% of students in the National Alliance for Insurance Education’s New Producer School. That resolve for excellence is key to his follow-through and attention to details with clients, carriers, and employees. Kyle holds the designation of Certified Insurance Counselor.

• Paula Lafferty, SnoTemp

Paula is a third-generation shareholder and CEO at SnoTemp Cold Storage. She was born in Eugene and raised around the family business. She attended the University of Colorado and received a Bachelor’s degree in International Studies and History. After a year of project work for SnoTemp, she set off to travel around Asia and South America, returning to live and work in Los Angeles. In 2010, she returned to Oregon and has worked in all areas at SnoTemp while the business more than doubled in size. She is passionate about working alongside family members to sustain and grow the family businesses. Paula served 10 years as a director for Broughton Lumber Company and volunteered as a director for the Willamette Valley Sustainable Foods Alliance. She is currently the president and chair of the Board of Directors of SnoTemp.

• Rusty Rexius, Rexius

Rusty is the Co-President of Rexius. He grew up in the family business, holding his first “real” job with the company at age 12. He studied business at the University of Oregon but left two terms early to buy his first business in Portland before joining Rexius. The company has been thriving for over 90 years. Rusty has worked for Rexius full time for 32 years as he provided general oversight of all transportation, retail, wholesale, commercial, and landscape operations. He is currently a board member for Christians as Family Advocates, Pleasant Hill School Board, and Talia’s Voice.

• Casey Roscoe, Seneca Sawmill Co.

Casey is the Senior Vice President of Marketing & Communications at Seneca. She graduated from Providence College with a Bachelor of Science degree in Marketing. She moved to Washington, D.C. to work for Congressman Bob Smith who represented Oregon’s 2nd Congressional District and was also Chairman of the House of Agriculture Committee. As SVP of Marketing & Communications, Casey is part of Seneca’s four-person executive team. In addition to her position at Seneca, Casey sits on the Board of Directors of the Oregon State University Forestry Education Council, GreenLane Sustainable Business Network, and Oregon Forest Resources Institute.

• Kelly Sutherland, Relief Nursery Eugene

Kelly Sutherland was born in Lexington, Kentucky. She moved to New York City where she attended New York University, earning a Bachelor of Arts in Film and Television, and a Master of Arts in Journalism. Kelly lived and worked in New York City until she moved with her family to Eugene in 1999. She immediately began volunteering at Relief Nursery and after 6 years in the community, began working at Relief Nursery. In 2011 she assumed the leadership role as Executive Director, a position she has held since 2010. Kelly has overseen the expansion of services into the Springfield community and as a member of the Oregon Association of Relief Nurseries has been instrumental in the growth and expansion of Relief Nurseries across the state.

• Scott Williams, Hamilton Construction

Scott is the Chairman of the Board of Directors of Hamilton Construction. He was born and raised in Oregon and graduated from Oregon State University with a civil engineering management degree. Throughout his 42 year career with Hamilton, he has worn many hats, from engineer, project manager and chief estimator, to president from 2000 to 2019. Scott currently serves on the boards of Construction Education Foundation, Looking Glass Youth and Family Services and AGC National Charities.

Summit Bank, with offices in Eugene/Springfield, Central Oregon and the Portland Metropolitan area, specializes in providing high-level service to professionals as well as medium-sized businesses and their owners. Summit was recognized in 2020 as the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon. Summit Bank is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210721005797/en/

FAQ

What is the purpose of the Eugene/Springfield Advisory Board for Summit Bank SBKO?

The Eugene/Springfield Advisory Board is formed to provide strategic guidance and support to Summit Bank's leadership team, enhancing its mission to serve small and medium-sized businesses in Oregon.

Who are the members of the Eugene/Springfield Advisory Board at Summit Bank SBKO?

The advisory board includes Kyle Hudson, Paula Lafferty, Rusty Rexius, Casey Roscoe, Kelly Sutherland, and Scott Williams, each bringing diverse professional experience.

How does the new advisory board affect Summit Bank's operations SBKO?

The new advisory board is expected to strengthen Summit Bank's operations by leveraging the members' local expertise to better serve the business community.

When was the Eugene/Springfield Advisory Board formed by Summit Bank SBKO?

Summit Bank announced the formation of the Eugene/Springfield Advisory Board on July 21, 2021.