Summit Community Bank (WV)


Overview / Commentary
304-530-1000
310 North Main Street
Moorefield, WV 26836

Summit Community Bank (WV) is headquartered in Moorefield and is the 3rd largest bank in the state of West Virginia. It is also the 373rd largest bank in the nation. It was established in 1995 and as of December of 2019, it had grown to 354 employees at 34 locations. Summit Community Bank (WV) has an A health rating.

Reviews (2)

Great Bank!

Posted by: |

I absolutely love my bank and have no complaints what so ever. The tellers are very personable and make it a point to know their customers. If I need help someone is always willing to go out of their way to help. For instance I needed help accessing the mobile app for my checking and savings account and a representative was more than willing to help and stayed on the phone and walked me through the entire set up process. I highly recommend this bank and will never use another mainly due to the customer service skills.

Not a customer-friendly bank

Posted by: |

I had the "joy" of being one of the first customers of this bank right after it had changed owners/names. I really wish this wouldn't have happened. This is not a very good bank to choose for your personal needs. It's probably only really good for small business and probably large. Customer service is horrible and the tellers/bankers treat you like you're nothing. I had a $200 over-draw limit and only over drew once (it was a 2 day period before money was put back in), and I was charged $40! $3.99 to use your bank card in other places (if you used it at Summit, it was still $1). On another occasion (I was no longer a customer), I had received counterfeit travelers checks from someone and Summit cashed it with no questions. I am still paying on that check. I feel that they should have at least held the check until it came back counterfeit or not! It took almost 2 years before I found out it was not real. I live in a small town, so coming across a variety of anything is out of the question. I really wish someone would bring a caring bank to our town.



Health

Health Grade Components

Overall
FDIC Certificate #34102
Year Established1995
Employees354
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.41%
Return on Equity - YTD12.85%
Annual Interest Income$107.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$2.40B$2.19B
LoansQ4 2019vs Q4 2018$1.90B$1.68B
DepositsQ4 2019vs Q4 2018$1.92B$1.64B
Equity CapitalQ4 2019vs Q4 2018$267.1MM$231.1MM
Loan Loss AllowanceQ4 2019vs Q4 2018$13.1MM$13.0MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$11.5MM$15.0MM
Real Estate OwnedQ4 2019vs Q4 2018$19.3MM$21.4MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Summit Community Bank (WV) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$250kSummit Elite Savings
OTHER TIERS: 0.05% $25k+
Locations


Summit Community Bank (WV) Locations
Macarthur Branch123 Bethel RdMac Arthur, WV 25873
Mullens Br200 First StreetMullens, WV 25882
West Union Branch.101 West Main StreetWest Union, WV 26456
Salem Branch150 West Main StreetSalem, WV 26426
Pennsboro Branch4377 Lamberton RoadPennsboro, WV 26415
Parkersburg Branch2107 Pike StreetParkersburg, WV 26101
University Town Centre Dr7835 University Town Centre Dr.Granville, WV 26534
University Town Centre Dr176 Courtyard St.Morgantown, WV 26501

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