Summit Bank N.A., Panama City, Florida, is proud to announce it has once again earned a 5-Star Superior rating from BauerFinancial, Coral Gables, Florida, the nation’s bank rating firm. This latest rating signifies that Summit Bank N.A. is one of the strongest banks in the nation. Summit Bank N.A. has earned and maintained a 5-Star rating for the latest 23 consecutive quarters.
“We are very pleased that BauerFinancial has honored us for 23 consecutive quarters with the highest rating they can give to a bank,” said Andy Stein, Summit Bank N.A., Chief Executive Officer. “ Summit Bank has earned this honor as a result of the efforts of our Board of Directors and our exceptional team of bankers, but more importantly through the confidence and support of customers.”
Karen L. Dorway, president of BauerFinancial, recognizes that, “As market conditions continue to change, banking institutions must be adept enough to evolve with them. With Summit Bank's stellar financial condition and track record, we have no doubt in its ability to do so. The community is privileged to have such a strong financial partner in its midst.”
Established in 2008, Summit Bank has been serving its neighbors for the past eight years. Today it operates through four conveniently located offices in Fort Walton Beach, Panama City, Panama City Beach and Pensacola. More information can be found at summitbankna.com.
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.