Summit Financial Group, Inc. (SMMF)

Bank holding company offering community banking services through its subsidiary, Summit Community Bank, primarily in West Virginia, Virginia, and Eastern Ohio.

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Summit Financial Group, Inc. serves as a pivotal financial holding company, overseeing Summit Community Bank, Inc., which provides comprehensive community banking and financial services across several regions in West Virginia, Virginia, and Kentucky. Established in 1987 and headquartered in Moorefield, West Virginia, Summit Financial Group caters to both individual and business clients with a diverse range of banking products and services. These include traditional banking services such as demand, savings, and time deposits, alongside a robust portfolio of lending solutions encompassing commercial, commercial real estate, construction and land development, residential real estate, and consumer loans.

In addition to its core banking offerings, Summit Financial Group extends specialized financial services including mortgage warehouse lines of credit, trust and wealth management services, cash management solutions, and insurance services. The company's strategic presence across multiple regions positions it as a vital financial partner for local communities, supporting economic growth and financial stability through tailored banking solutions and personalized customer service.

As of its latest available information, Summit Financial Group, Inc. has not ventured into cryptocurrency services as part of its service offerings. The company remains focused on its mission of providing reliable and accessible banking services rooted in community-focused values. With a commitment to fostering long-term relationships and supporting the financial goals of its customers, Summit Financial Group continues to uphold its reputation as a trusted financial institution in the regions it serves.

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