Reposition
Summit Bank provides traditional banking services and a full range of financial products for individuals, businesses, and professionals, each tailored to meet the specific needs of every client. The Bank’s willingness to adapt and to innovate with new products is more than the foundation of its mission—it’s the secret to banks success. Bank has earned the confidence of its clients and shareholders by conducting its business in a pragmatic, prudent, and profitable manner.
Summit Bank - Recent News & Articles
A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. Fed officials head into th...
Ally Financial's credit challenges have intensified over the current quarter as borrowers struggled with high inflation, the consumer lender's finance...
China’s central bank took new steps to shore up the country’s sputtering economy, highlighting officials’ growing anxiety about growth only days after...
An Updated Measure of the U.S. Consumer
Norinchukin Bank will consider investing in a range of assets as it braces for massive losses on the sale of roughly 10 trillion yen ($63 billion) in ...
China's yuan is in the midst of a steep decline as holders of the currency eye the risk of US sanctions. The value of the yuan slumped against Russia'...
Regional banks around the U.S. are striking complex and costly bargains with hedge funds, hoping to insulate themselves from a replay of the turmoil t...
Saudia Arabia No Longer Exclusively Selling Oil in US Dollars
The IMF’s second-in-command has urged the US to shrink its mounting fiscal burden, saying strong growth in the world’s largest economy gave it “ample”...
Moody’s Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid conc...