1st Summit Bank Cresson PA Community Banking

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Exterior of modern bank building with arched passages
Credit: pexels.com, Exterior of modern bank building with arched passages

1st Summit Bank Cresson PA Community Banking is a vital part of the local economy, providing personalized service to its customers.

The bank's commitment to community banking is evident in its long history of serving the Cresson area, dating back to 1889.

With a deep understanding of the community's needs, 1st Summit Bank offers a range of financial services tailored to the local market.

From business loans to personal banking, the bank's experienced staff is dedicated to helping customers achieve their financial goals.

Our History

We're proud of our roots, which date back to 1924 when our bank was established as Salix State Bank in Dunlo, PA, and survived the 1929 stock market crash.

We've come a long way since then, celebrating 50 years in business in 1974 with the opening of our Sidman, Salix, and Beaverdale Offices.

In 1980, our Richland office opened and became our corporate office, marking a significant milestone in our growth.

From below classic styled historic building of United States National Bank with wooden doors and vintage lanterns located in Portland
Credit: pexels.com, From below classic styled historic building of United States National Bank with wooden doors and vintage lanterns located in Portland

We became Summit Bank in 1982 and established our Trust and Investment Division in 1989.

Our presence expanded into Downtown Johnstown, Portage, and Westmont in 1990, with assets exceeding $100 million.

We opened our 7th office in Cresson in 1996, and our 8th office in Park Hill followed in 1997.

By 2004, we had expanded with our first "in-store" offices at the Johnstown and Altoona Walmart Supercenters.

Our assets grew to $679 million by the end of 2010, and we continued to expand into new areas, including Latrobe and Ebensburg in 2013 and 2016.

We celebrated our 95th Anniversary in 2019 and renovated our Richland Corporate Office into the sleek, contemporary design we have today.

In 2021, our 17th office opened in Murrysville, PA, and in 2023, we opened our 18th office in the Eldorado Community of Altoona and our 19th office in the Eastgate Plaza in Greensburg, PA.

Frequently Asked Questions

Does Summit Bank still exist?

Summit Bank is a local community bank that still offers banking services and financial products to individuals and businesses. However, the bank's current status and operations are not specified in the provided text.

What was Summit Bank before?

Summit Bank was previously known as Salix State Bank, established in 1924 in Dunlo, PA. It operated under various names and locations before becoming Summit Bank in 1982.

Matthew McKenzie

Lead Writer

Matthew McKenzie is a seasoned writer with a passion for finance and technology. He has honed his skills in crafting engaging content that educates and informs readers on various topics related to the stock market. Matthew's expertise lies in breaking down complex concepts into easily digestible information, making him a sought-after writer in the finance niche.

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