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Hospital Plans LOC Discussions With Summit Bank

Sonoma Valley Hospital logoSonoma Valley Hospital
Document date
Jun 4, 2026

The 30-second brief

What it covers

The Finance & Audit Committee discussed engaging Summit Bank early about increasing Sonoma Valley Hospital’s line-of-credit capacity and flexibility to manage upcoming IGT cash-flow needs. Committee members emphasized building a proactive banking relationship and exploring options in advance.

Who holds it

Summit Bank holds this financial services contract with Sonoma Valley Hospital. Its other public contracts on record include work for Banks Fire District #13 and Shangri La Water District.

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Contract details

Contract type
Financial Services
Document date
June 4, 2026
Vendor
Summit Bank
Agency
Sonoma Valley Hospital
Source document
Sonoma Valley Health Care District AgendaPacket 2026-06-04 (AgendaPacket)

Summit Bank's other public contracts

Banks Fire District #13, OregonDistrict Establishes $300,000 Operating Line Of Credit · Jun 23, 2026Shangri La Water District, OregonAnnual Safe Deposit Rental with Summit Bank · Jun 16, 2026UndisclosedSebastopol Independent Charter District, CaliforniaBank and ACH Fees Paid to Summit Bank · Jun 15, 2026$45.7Oregon Travel Information Council, OregonSummit Bank ICS Account Earns 3.39% Interest · May 27, 2026UndisclosedSonoma Valley Hospital, CaliforniaHospital to pursue expanded credit with Summit Bank · May 26, 2026UndisclosedAll Summit Bank contractsVendor profile

More Sonoma Valley Hospital contracts

VARIOUSVendor equipment loans for cyber recovery retired · Aug 25, 2026UndisclosedUs BankUS Bank credit facility matured and refinanced · Aug 25, 2026California Health Facilities Financing AuthorityCHFFA distressed hospital loan supports turnaround · Aug 25, 2026$3.1MFieldman Rolapp & AssociatesFieldman Rolapp advises on GO bond tax strategy · Aug 25, 2026UndisclosedBaker Tilly/moss AdamsDistrict engages Baker Tilly for FY2026 audit · Aug 25, 2026UndisclosedAll Sonoma Valley Hospital activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Sonoma Valley Hospital?

Summit Bank was awarded this financial services contract by Sonoma Valley Hospital, as recorded on June 4, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Sonoma Valley Health Care District AgendaPacket 2026-06-04 (AgendaPacket), dated June 4, 2026 from Sonoma Valley Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Summit Bank hold?

Summit Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Sonoma Valley Hospital currently buying?

Explore Sonoma Valley Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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