Summit Community Bank
- Bank Name:Summit Community Bank
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #34102 - Inactive
- FED RSSD ID:#2372774 - Inactive
History Of Summit Community Bank
Summit Community Bank, Inc. is a financial institution based in Moorefield, West Virginia. The bank was originally established on December 11, 1995, as The Capital State Bank, Inc. In April 1998, it changed its name to Capital State Bank, Inc. and further rebranded to Summit Community Bank, Inc. on November 12, 2004, coinciding with the acquisition of Summit Community Bank in Moorefield. The main office has since moved several times, with the most recent relocation occurring on June 16, 2007, to 300 North Main Street in Moorefield. Summit Community Bank has grown through multiple acquisitions, including Shenandoah Valley National Bank in Virginia in June 2007, and more recently, WinFirst Bank in Winchester, Kentucky, Cornerstone Bank in West Union, West Virginia, and First Peoples Bank in Mullens, West Virginia, among others. As of April 1, 2023, the bank acquired Provident State Bank, Inc. in Preston, Maryland, marking the latest expansion in its history.
Below is a list of some important events in banks history, including mergers and acquisitions.
1995-12-11Institution established. Original name: The Capital State Bank, Inc..
1998-04-01Changed Institution Name to Capital State Bank, Inc..
2004-11-12Acquired Summit Community Bank in Moorefield, WV.
2004-11-12Changed Trust Powers to Limited.
2004-11-12Changed Institution Name to Summit Community Bank, Inc.
2004-11-12Main Office moved to 310 North Main Street, Moorefield, WV 26836.
2007-06-16Acquired Shenandoah Valley National Bank in Winchester, VA.
2007-06-16Main Office moved to 300 North Main Street, Moorefield, WV 26836.
2016-10-01Acquired First and Citizens Bank in Monterey, VA.
2017-04-01Acquired First Century Bank, Inc. in Bluefield, WV.
2018-10-24Main Office moved to 310 North Main Street, Moorefield, WV 26836.
2018-10-24Changed Institution Name to Summit Community Bank, Inc.
2019-01-01Acquired First Peoples Bank, Inc. in Mullens, WV.
2020-01-01Acquired Cornerstone Bank, Inc. in West Union, WV.
2020-12-15Acquired WinFirst Bank in Winchester, KY.
2023-04-01Acquired Provident State Bank, Inc. in Preston, MD.
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