Summit State Bank (SSBI)

Overview

Summit State Bank is a financial institution that specializes in providing a wide range of banking products and services to individual and business customers, primarily within Sonoma County, California. Established in 1982 and with its headquarters located in Santa Rosa, California, the bank focuses on catering to the banking needs of its community with a robust portfolio of financial solutions. These solutions are designed to meet the diverse needs of its clients, from day-to-day banking to complex financial transactions and loans for various purposes.

Products and Services

Personal and Business Banking Accounts: Summit State Bank offers an array of accounts including personal and business checking, money market, sweep, savings, and demand accounts, along with time certificates of deposit. They also provide specialized deposit accounts designed for specific customer needs, such as professional accounts, small business packaged accounts, tiered accounts, and retirement plan accounts.

Loan Services: The bank's loan offerings encompass a wide range of options such as commercial loans and leases, lines of credit, commercial real estate loans, Small Business Administration loans, residential mortgage and construction loans, home equity lines of credit, and term and equipment loans. Additionally, they offer loans to agriculture-related businesses, underlining their commitment to supporting the local economy.

Electronic and Convenience Banking Services: Understanding the importance of accessibility and convenience in banking, Summit State Bank provides Internet and telephone banking services. Furthermore, they offer a variety of services aimed at enhancing the banking experience, including banking by appointment, online banking, direct deposit for payroll and social security, letters of credit, and access to national automated teller machine networks. Additional conveniences include courier services, safe deposit boxes, night depository facilities, notary services, travelers checks, lockbox services, and banking by mail.

Cash Management and Electronic Bill Payment: For businesses looking to streamline their finances, the bank offers electronic banking and cash management services. This includes electronic bill payment options, facilitating efficient management of financial operations and transactions.