News

Summit Pacific Medical Foundation is pleased to announce it has received a $320,000 grant from Timberland Bank and the Federal Home Loan Bank of Des Moines (FHLB Des Moines). This generous grant is part of the FHLB Des Moines Member Impact Fund.

“This grant will ensure that our medical center has the critical equipment necessary for our upcoming hospital addition,” said Brad Thomas, Director of Summit Pacific Foundation. “These funds are specifically earmarked to purchase an MRI machine for our Diagnostic Imaging department, a key part of our ongoing expansion.”

Summit Pacific Medical Center broke ground on its expansion project in early 2024, aiming for completion by spring 2026. Despite ongoing construction, the hospital remains fully operational and continues to provide award-winning care to the community.

Currently, Summit Pacific operates ten acute care beds within its 40,000 sq. ft. facility built in 2013. The expansion will nearly double the facility’s footprint by adding 30,000 sq. ft., allowing the hospital to reach its 25-bed licensed capacity. The project will also add five observation beds, expand the Emergency Department space from 10 to 16 rooms, and provide a new, 24/7 MRI service.

“We are very grateful to FHLB Des Moines for offering a matching grant program like the Member Impact Fund,” said Dean Brydon, Chief Executive Officer of Timberland Bank. “Through the rural hospital in Elma, Summit Pacific Medical Foundation provides essential healthcare to the Grays Harbor community. We are proud to support this vital organization in partnership with FHLB Des Moines.”

In addition to the $320,000 from Timberland Bank and the FHLB Des Moines grant, Summit Pacific has secured approximately $60 million in revenue bonds for the expansion project. The revenue bonds allow the hospital to fund growth without placing a tax burden on the local community. Revenue bonds also support long-term financial stability.

“With the generous support from Timberland Bank, FHLB Des Moines, and our other financial resources, Summit Pacific is excited to enhance our community’s healthcare services even further,” Thomas concluded.