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Summit Bank (OTC Pink: SBKO) is pleased to announce that Jamie Shulman, a longtime Pacific Northwest commercial banking executive and community leader, has joined Summit Bank as Market President for the Portland Metropolitan and Southwest Washington market. In this newly established role, Shulman will utilize his depth of banking experience to support the growth of Summit Bank’s client base in the aforementioned market.
Portland Market President Jamie Shulman (Photo: Business Wire)
Shulman’s prior executive role was as President, Chief Executive Officer of a regional business bank with operations in Portland. While in this role, he led the significant growth of the bank. Preceding that, he worked in senior executive positions at two national banks. He is skilled in the areas of strategic planning, key account management, risk management, operational excellence, regulatory compliance, financial analys
Summit Bank (OTC Pink: SBKO) is pleased to announce that Jamie Shulman, a longtime Pacific Northwest commercial banking executive and community leader, has joined Summit Bank as Market President for the Portland Metropolitan and Southwest Washington market. In this newly established role, Shulman will utilize his depth of banking experience to support the growth of Summit Bank’s client base in the aforementioned market.
Though often omitted from history books, African American people had feet on the ground side by side with early explorers of the Oregon Territory from Markus Lopius, a servant on the
Lady Washington in 1788 with Robert Gray, to York, a slave on the Lewis and Clark expedition, to Moses Harris, a free black mountain man and legend in the fur trade and later a sought-after wagon train guide. There s also James Douglas, chief factor at Fort Vancouver in the 1840s and concurrent governor on Vancouver Island and British Columbia. Somewhat simultaneous with Douglas rise to political power, legislated race restrictions known as Exclusion Laws were set for Oregon Trail immigration. Racial limitations also applied with the Oregon Donation Land Law in 1850. These federally enforced restrictions, present at the inception of Oregon, created major undeniable barriers. Bearing these inequities in mind, we ve set aside some ink this week to look at some of Oregon s modern a
2020 Net Income – $7.93 million, up 41.3 percent from 5.62 million in 2019.
$1.38 per fully diluted share, up 29.1 percent from 1.07 in 2019.
2020 Net Loan Growth – $76.5 million or 17.5 percent (excluding PPP loans).
PPP loans made during Q2 2020 – $119 million of which $61 million remain outstanding at FYE.
2020 Deposit Growth – $206 million or 45.6 percent over FYE 2019.
We were pleased to originate $119 million in emergency Paycheck Protection Program (PPP) loans to assist clients in mitigating the effects of the COVID-19 pandemic in our Eugene/Springfield, Central Oregon and Portland Metropolitan market areas. These loans helped businesses and nonprofit entities hire back or retain thousands of Oregon employees. The Bank also saw a strong year over year improvement in the results and operations of all our teams including the Portland Metropolitan office, which opened in 2019.
Boys & Girls Clubs expanding kids access to high-speed internet
Boys & Girls Clubs partnered with Comcast to have Wi-Fi-connected Lift Zones put in at facilities in Portland, Salem, Eugene and Vancouver.
Posted: Jan 15, 2021 12:45 PM
Posted By: KGW Staff
PORTLAND, Ore. (KGW) This week, Boys & Girls Clubs in Oregon and Southwest Washington are rolling out a new initiative that will boost kids access to high-speed internet at certain facilities.
Throughout the pandemic, kids who are distance learning have relied on having internet access in order to complete their school work.
Now, thanks to a partnership between Comcast and Boys & Girls Clubs in Portland, Salem, Eugene and Vancouver, Wi-Fi-connected Lift Zones are being put in at some facilities, allowing kids can get connected to free high-speed internet.