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Summit Bank Appoints Stacy Koos to Newly Created Position of Senior Vice President and Market Development Officer for the Greater Eugene/Springfield Region
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Summit Bank (OTC Pink: SBKO) has appointed Stacy Koos as Senior Vice President and Market Development Officer for the Eugene/Springfield region. Koos, previously the Commercial Banking Team Leader, will focus on expanding Summit Bank's market presence, particularly in Albany and Corvallis. With over 25 years of banking experience, Koos is recognized for her ability to foster business relationships and drive growth. The announcement was made by Jenny Bennett, Market President for the region.
Positive
Stacy Koos's appointment may enhance business development efforts in the region.
Koos's extensive experience can strengthen Summit Bank's market strategies.
Negative
Transition to a new role could present short-term challenges in continuity.
Concerns about whether Koos can maintain the pace of prior growth.
EUGENE, Ore.--(BUSINESS WIRE)--
Summit Bank (OTC Pink: SBKO), a leading independent community bank, announced today that Stacy Koos has been named Senior Vice President and Market Development Officer for the Eugene/Springfield region. This new position will manage Summit Bank’s continuing market growth, as well as expand its presence throughout the greater region. The announcement was made by Jenny Bennett, Summit Bank’s Eugene/Springfield Market President.
"Stacy Koos is outstanding at developing relationships within the business community and among potential Summit clients,” said Bennett. “She has been instrumental in bringing on new business, and I am excited to see her continue to grow in this critical new role for the bank.”
As Senior Vice President and Market Development Officer, Koos will explore new business opportunities in the existing Eugene/Springfield market, as well as expand Summit’s footprint to the north in communities such as Albany and Corvallis.
Koos has spent the past three years as Summit’s Commercial Banking Team Leader and was a key driver of the bank’s impressive growth in the region. A veteran banker of more than 25 years, she has extensive experience in commercial banking, lending, and branch management. A graduate of Northern Colorado University, Koos is active in several civic and business organizations, including as the Vice-Chair of the Albany Millersburg Economic Development Corporation and the Vice-Chair of the Samaritan Albany General Hospital Board.
About Summit Bank
Summit Bank Group Inc., through its wholly owned subsidiary Summit Bank, is a leading independent community bank providing outstanding service to professionals and businesses within various industries including manufacturing, healthcare, public entities, and nonprofits. With offices in Eugene, Central Oregon, and downtown Portland, Summit Bank specializes in high-touch personal banking and local decision-making. Summit Bank Group Inc. is quoted on the NASDAQ Over-the-Counter Bulletin Board as SBKO. In 2021, Summit Bank was named the Top Small Business Administration (SBA) Community Bank Lender in the State of Oregon, and in 2022, has been named to Oregon Business Magazine’s Top 100 Best Places to Work.
