Summit Bank's Strategic Move: Appointing Steve Ritchie

In the ever-evolving landscape of finance, strategic appointments can often signal a shift in a company's trajectory. Summit Bank's recent announcement of appointing Steve Ritchie, CPA, CFE, and Managing Partner at Kernutt Stokes, to its Eugene & Springfield Advisory Board is one such move that warrants a closer look. Ritchie brings a wealth of experience in accounting, finance, and business leadership, which aligns perfectly with Summit Bank's commitment to exceptional service, fiscal responsibility, and sustainable growth.

Ritchie's journey from managing his family's business to becoming a Managing Partner at Kernutt Stokes is a testament to his dedication and expertise. With over two decades of industry experience, he has honed his skills in strategic planning, staff development, and advanced technology initiatives. These are precisely the areas where Summit Bank aims to strengthen its competitive position in the Eugene & Springfield market.

Ritchie's role at Kernutt Stokes involves overseeing strategic planning, which is crucial for Summit Bank's commitment to fiscal responsibility and sustainable growth. His certifications as a Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), and holder of the Uniform Investment Advisor Series 65 license, along with his recognition by Forbes as one of America's Top 200 CPAs, underscore his expertise in finance and accounting. These qualifications are essential for Summit Bank's commitment to fiscal responsibility. As Craig Wanichek, President & CEO of Summit Bank, noted, "Steve's depth of knowledge, leadership experience, and commitment to the Eugene community will help guide Summit Bank's continued growth and strengthen our position in serving the local business community."

Ritchie's leadership experience and commitment to the Eugene community further align with Summit Bank's goals. His active involvement in community boards, including Volunteers in Medicine, Eugene Montessori School, and the Center for Community Counseling, demonstrates his dedication to community service. This aligns with Summit Bank's mission to provide innovative, community-based banking solutions, as highlighted by Jenny Bennett, Market President for Eugene & Springfield: "Steve's proven track record of strategic thinking and exceptional client service will be a tremendous asset to our advisory board. His insight will help us continue to deliver on our mission of providing innovative, community-based banking solutions."



In summary, Steve Ritchie's extensive experience in accounting, finance, and business leadership, coupled with his strategic planning skills and community commitment, make him an ideal addition to Summit Bank's advisory board, supporting the bank's strategic goals and commitment to exceptional service, fiscal responsibility, and sustainable growth. This appointment is a strategic move that could significantly enhance Summit Bank's competitive position in the Eugene & Springfield market.