Global media giant, Forbes has ranked Summit Community Bank as the number-one “Best-in-State Bank” in West Virginia for 2022.
As published June 21, 2022 on Forbes.com in an article and report released by Forbes and market research firm, Statista, surveying around 26,000 customers across the United States for their opinions on their current and former banking relationships. To highlight the importance and advantages of local banks, the survey excluded nationwide U.S banks and credit unions with branches in at least 15 states.
According to the article, local banks and credit unions were rated on “overall recommendations and satisfaction, as well as five subdimensions” including trust, terms and conditions, branch services, digital services, and financial advice. With an overall rating of 85.66, Summit secured top spot, scoring higher than the average of all surveyed banks and credit unions alike.
Summit Conmmunity Bank was first awarded the honor of Forbes and Statista’s Best-in-State Bank back in 2018 and has consistently ranked in the top five best in-state banks for West Virginia since.
“We’re extremely proud and so thankful to be named the best in-state bank in West Virginia again,” explained Summit Financial Group CEO, Charlie Maddy, “Over the last four years, Summit’s steadfast commitment to providing our signature “Service Beyond Expectations” and an exceptional banking experience to communities has kept us as one of West Virginia’s top five banks, and it is humbling to be recognized by our clients again as number one.”
Summit Financial Group, Inc. is a multi- billion-dollar financial holding company headquartered in Moorefield, W.Va. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the central region of Kentucky, through its bank subsidiary, Summit Community Bank, Inc., which operates 44 banking locations and one loan production office.