Summit Financial (WV) Snapshot
Summit Financial Group is at the peak of community banking in West Virginia and northern Virginia. The company owns Summit Community Bank, which operates about 15 branches that offer standard retail banking fare such as deposit accounts, loans, and cash management services. Commercial real estate loans, including land development and construction loans, account for about 40% of Summit Financial Group's loan portfolio, which also includes residential mortgages and a smaller percentage of business and consumer loans. The bank's Summit Insurance Services unit sells both commercial and personal coverage.