Summit Bank
- Bank Name:Summit Bank
- Bank Class:National Bank - FED Member
- FDIC ID:Certificate #58786 - Inactive
- FED RSSD ID:#3696936 - Inactive
History Of Summit Bank
Summit Bank was established on April 8, 2008, as Summit Bank, National Association. The bank operationalized its services primarily in the state of Florida. On December 16, 2011, it acquired Premier Community Bank of the Emerald Coast in Crestview, Florida, through a government-assisted merger. In a strategic move to further its growth, Summit Bank merged and became part of BancorpSouth Bank on September 1, 2019, with operations centered in Tupelo, Mississippi. Following this merger, the main office of the bank was relocated to 11 W 23rd Street, Suite A, Panama City, Florida, on October 22, 2018. Eventually, on October 29, 2021, the institution changed its name to Cadence Bank, reflecting its integration into the broader financial landscape.
Below is a list of some important events in banks history, including mergers and acquisitions.
2008-04-08Institution established. Original name: Summit Bank, National Association.
2011-12-16Acquired Premier Community Bank of the Emerald Coast in Crestview, FL as part of a government assisted merger.
2018-10-22Main Office moved to 11 W 23rd St. Suite A, Panama City, FL 32405.
2019-09-01Merged and became part of BancorpSouth Bank (11813) in Tupelo, MS.
2021-10-29Changed Institution Name to Cadence Bank.
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