Summit State Bank (NASDAQ:SSBI) (NASDAQ: SSBI) is a California-chartered commercial bank headquartered in Alhambra, California, with a focus on serving the financial needs of small to mid-sized businesses, professionals and local communities. The bank offers personalized banking solutions designed to support regional growth, emphasizing a high-touch, client-centric approach. Summit State Bank combines community banking principles with the capabilities of a publicly traded institution to deliver flexible financial products and services.
The bank’s core business activities include commercial lending, commercial real estate financing, government-guaranteed small business loans (SBA), equipment financing and working capital lines of credit. On the deposit side, Summit State Bank provides business and personal checking accounts, savings products, money market accounts and certificates of deposit. To enhance operational efficiency for its clients, the bank also offers treasury management services, online and mobile banking platforms, ACH processing, wire transfers and remote deposit capture.
Founded in 1982, Summit State Bank has steadily grown its presence throughout Los Angeles, Orange, Riverside and San Bernardino counties. The institution maintains a network of branch offices across key Southern California markets, complemented by a digital service platform that extends access to account management and payment solutions. Over its history, the bank has cultivated long-term relationships with local businesses, reflecting its commitment to community engagement and regional economic development.
Summit State Bank’s leadership team is composed of seasoned banking professionals with deep expertise in commercial finance, risk management and community banking. The executive management, led by the bank’s president and chief executive officer, draws on decades of industry experience to guide strategic initiatives, uphold strong governance practices and maintain a focus on delivering tailored solutions that meet the evolving needs of the bank’s clientele.
