Summit Bank

Summit Bank is a national banking association organized under the laws of the United States, operating as a commercial bank. The bank commenced business on March 10, 1988. Summit Bank conducts commercial banking activities from its main office and seven branch offices. Four of these branch offices are located in its primary service area of northern metropolitan Atlanta, Georgia. A fifth office is a limited service branch office situated in the south Atlanta area. Additionally, two branch offices are located in San Jose and Fremont, California. The bank also maintains a loan production office in San Diego, California, and a representative office in Shanghai, China. In December 2005, Summit Bank announced an agreement to purchase Concord Bank, a national bank with one office in Houston, Texas. All of these offices, including Concord Bank, are located in ethnic communities. Summit Bank serves four principal markets: individuals, professionals, and small to medium-sized businesses in its primary service areas; ethnic communities within its primary service areas, including businesses operated by members of these communities; individuals, professionals, and businesses in its primary service areas requiring international financial services such as letters of credit, wire transfers, and documentary collections; and foreign corporations and individuals requiring international private banking and other specialized banking services in the Atlanta metropolitan area and in San Jose and Fremont, California. The bank offers a variety of traditional and specialized banking services.