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Summit Bank history
Summit Bank company history timeline
2007: The ABA Banking Journal recognized Summit Bank as the 33rd highest rated bank in the nation, as measured by return on average equity among banks and thrifts between $100 million and $3 billion in assets.
In 2007, Arif Habib Securities Limited acquired Pakistan Operations of Rupali Bank Limited, under the Scheme of Amalgamation by the State Bank of Pakistan.
2008: Recognized by United States Banker in June 2008 as number 41 in the nation among banks between $100 million and $3 billion in assets.
2009: United States Banker named Summit Bank among the Top 200 Community Banks nationwide.
Assets grew to $679 million by end of 2010.
In 2010, Suroor Investments Ltd. acquired 59.41% stake in Arif Habib Bank Ltd.
In 2015, the Bank expanded its market area to Central Oregon with an office at 560 SW Columbia in Bend.
2017: American Banker named Summit Bank among the Top 200 Community Banks nationwide.
2019 – 1ST SUMMIT BANK celebrated its 95th Anniversary.
2021 – Our 17th office in Murrysville, PA opened.
For more information on 1ST SUMMIT BANK‘s financial standing, view our 2021 Annual Report.
© 2022 Summit Bank - Oakland, CA — Member FDIC, Equal Housing Lender.
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Summit Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Commerce Financial Corporation | - | $49.0M | 35 | - |
| Mercantile Bank of Michigan | 1997 | $1.4B | 420 | 54 |
| First American Bank and Trust | 1910 | $630,000 | 2 | - |
| The Coastal Bank | 1954 | $22.5M | 125 | - |
| Capitol Bank | 1995 | $13.6M | 20 | 4 |
| Marine Bank | 1993 | $1.4M | 15 | - |
| First Federal Savings & Loan | - | $26.7M | 50 | 3 |
| Security Bank | 1906 | $958.4M | 30 | 7 |
| Central Bank | 1902 | $650.0M | 37,162 | 117 |
| Provident Bank | 1839 | $1.9M | 1,159 | 56 |
Summit Bank history FAQs
Zippia gives an in-depth look into the details of Summit Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Summit Bank. The employee data is based on information from people who have self-reported their past or current employments at Summit Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Summit Bank. The data presented on this page does not represent the view of Summit Bank and its employees or that of Zippia.
Summit Bank may also be known as or be related to Arif Habib Bank and Summit Bank.