Summit Financial Group, Inc. Completes Its Acquisition of Cornerstone Financial Services, Inc. and Subsidiary, Cornerstone Ba...
02 January 2020 - 10:00PM
Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces
completion, effective January 1, 2020, of the acquisition by its
subsidiary Summit Community Bank, Inc. of Cornerstone Financial
Services, Inc. and its subsidiary, Cornerstone Bank, Inc.,
headquartered in West Union, West Virginia.
The former Cornerstone Bank, Inc. offices will continue to
operate under that name until close of business on Friday, March
20, 2020, and will commence operating under the name Summit
Community Bank, Inc. on Monday, March 23, 2020.
About Summit
Summit Financial Group, Inc. is a $2.32 billion financial
holding company headquartered in Moorefield, West Virginia. Summit
provides community banking services primarily in the Eastern
Panhandle and Southern regions of West Virginia and the Northern,
Shenandoah Valley and Southwestern regions of Virginia, through its
bank subsidiary, Summit Community Bank, Inc., which operates
thirty-six banking locations.
Contact: |
Robert S.
Tissue, Executive Vice President & CFO |
Telephone: |
(304)
530-0552 |
Email: |
rtissue@summitfgi.com |
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