“We are very proud of receiving the NorthBay biz ‘Best Business Bank’ and appreciate the support of our customers and community.”—Jim Brush, president and chief executive officer
More than just a local community bank headquartered in Sonoma County, Summit State Bank considers itself to be a partner in driving a successful community, and nowhere is this more apparent then in its substantial philanthropic efforts. Just this past March, the bank contributed $277,694 to 165 Sonoma County nonprofits through its Nonprofit Partner Program that provides annual cash contributions to its nonprofit customers based on average annual account balances. The amount reflected 8.4 percent of its net profit after taxes. The bank also offers other, regular community giving, sponsorships and volunteering throughout the year.
“We believe it is important to give back to the local community we serve and reinvest our dollars for the betterment of our community,” says Jim Brush, president and chief executive officer of Summit State Bank. “At the center of being a successful community bank is supporting and giving back to the community you serve. We strive for a work/life balance so that we’re proficient at work and also enjoy our families, friends and Sonoma County.”
As of the end of 2017 Summit State Bank has total assets of $611 million and total equity of $60 million. All five bank branches are in Sonoma County as well as a lending office in the Roseville area. Besides business checking and money market accounts, the bank’s business services also include merchant services such as credit card processing, wireless terminals, ACH processing, and check verification, as well as business lending services, new construction loans, and commercial mortgages. No matter what the service, the bank prides itself on its exceptional customer service and customized financial solutions to aid in the success of local small businesses and nonprofits throughout Sonoma County.
“Throughout the past year we have continued to add, train, and promote staff to support our growth,” says Brush. “We are focused on improving the latest technologies and systems to improve our service and customer satisfaction.”
Summit State Bank is proud of their commitment to embracing the diverse backgrounds, cultures and talents of its employees. Not only does this improve performance but it also supports the changing needs of its customers and community. Presently, 70 percent of management are women and minorities with 40 percent represented on the executive management team. With the bank’s strong team and commitment to collaboration, training, and support, it won Best Places to Work in the North Bay seven years in a row by the North Bay Business Journal.
The bank has also been recognized as a Top Corporate Philanthropist in the Bay Area by the San Francisco Business Times, as well as other awards for being the best company to do business with in Sonoma County, and awards for being innovative, an excellent place to work, and having premier performance.
“We recently were awarded the Corporate Philanthropy Award by the North Bay Business Journal and several of our staff have received prestigious recognition in the recent past,” says Brush. “We are very proud of receiving the NorthBay biz ‘Best Business Bank’ and appreciate the support of our customers and community.”
www.summitstatebank.com
