Company Information

Get to know Summit Community Bank

Summit Community Bank, a subsidiary of Summit Financial Group, Inc., has been serving local communities since 1924. It operates as a full-service community bank, offering a comprehensive suite of financial products including personal and business checking/savings accounts, mortgages, personal loans, commercial lending, and treasury management. The bank prides itself on local decision-making and a commitment to providing personalized customer service to the individuals and businesses within its operating regions.

Industry

Financial BankingPRIMARY
Financial Other Service

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Summit Community Bank

United States

Founded in

1883 (143 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.