Summit Bank

Summit Bank Overview

Summit Bank, founded in January 1, 1914, is currently an active FDIC insured bank. The chartering agency for Summit Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Summit Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Summit Bank is assigned uner the San Francisco Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on January 01, 1934.

Address Location and Maps for Summit Bank

Bank Name Summit Bank FDIC Bank Location for Summit Bank
Address 723 Haggen Drive
Burlington, WA 98233
County: Skagit
Bank’s State: Washington
Website: http://www.summitbank-wa.com:80/

 

Summit Bank Detailed Information

FDIC Certificate ID 513
Bank Institution Name Summit Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 10058
Total Assets $142,729,000
Total Deposits $131,631,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance January 01, 1934
Change Code 211
Change Code Description Absorption – FDIC Insured Bank Assisted
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region San Francisco
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Skagit
Office of Thrift Supervision Region West
Assigned Federal Reserve District San Francisco
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Summit Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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