Summit Bancshares - Ownership and Business Overview

Financial ServicesCompany

Summit Bancshares Ownership

Who owns Summit Bancshares?

Summit Bancshares is owned by Faciam Holdings. It was acquired on November 28, 2018.

Summit Bancshares Business Overview

Where is Summit Bancshares headquartered?

Summit Bancshares is headquartered in Oakland, California.

What sector is Summit Bancshares in?

Summit Bancshares is a financial services company.

When was Summit Bancshares founded?

Summit Bancshares was founded in 1982.

Financial Services M&A Summary in 2018

Out of 60 sectors in the Mergr database, financial services ranked 11 in number of deals in 2018. The largest financial services acquisition in 2018 was MB Financial - which was acquired by Fifth Third Bancorp for $4.7B.

Join Mergr to view all 197 acquisitions of financial services companies in 2018, including 30 acquisitions by private equity firms, and 167 by strategics.

Summit Bancshares, Inc.

2969 Broadway,
Oakland, California 94611
United States,
(510) 839-8800
www.summitbanking.com

Summit Bancshares, Inc. is a provider of deposit and loan services to its personal and business customers. Summit Bancshares, Inc. operates three branches in Oakland, Walnut Creek and Emeryville, California through its subsidiary, Summit Bank, a California state-chartered institution established in 1982.


Company Summary

SECTOR

Financial Services

Established

1982

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