SANTA ROSA, Calif., Nov. 14, 2016 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ:SSBI) has appointed Brian Reed as their new Executive Vice President and Chief Credit Officer. Brian brings over 30 years of lending and community banking experience to his role.
“We are pleased to welcome Brian Reed as our new Executive Vice President and Chief Credit Officer on December 5th. Brandy Seppi will now focus her role under the new title of Executive Vice President and Chief Lending Officer. Brian has been in banking since 1985, most recently as EVP and Chief Credit Officer for First Community Bank. With the addition of Brian, we believe we are well positioned to serve the lending needs of small businesses and nonprofits while achieving greater results well into the future. We are experiencing unprecedented success and continued growth driven by referrals from satisfied customers. We have increased our staffing in several areas and are preparing to meet these consistent demands with enthusiasm,” said Jim Brush, President and CEO of Summit State Bank.
Brian earned his Master’s degree from the American Graduate School of International Management in Arizona, and graduated with a Bachelor’s degree in Business Economics from the University of California at Santa Barbara, with an emphasis in Accounting and Corporate Finance. Brian is the President elect of the Santa Rosa East Rotary, President of Children & Family Circle and Treasurer of Free to Be. Brian resides in Santa Rosa with his wife Alison and has two adult children.
About Summit State Bank
Summit State Bank, a local community bank, has total assets of $514 million and total equity of $60 million at September 30, 2016. Headquartered in Sonoma County, the Bank specializes in providing exceptional customer service and customized financial solutions to aid in the success of local small businesses and nonprofits throughout Sonoma County.
Summit State Bank’s workforce resembles the diverse community it serves and through inclusion and engagement of its workforce, Summit State Bank has earned many prestigious awards including: Best Company to do Business with in Sonoma County; Best Places to Work in the North Bay; Super Performing Bank; and Top 75 Corporate Philanthropists in the San Francisco Bay. Summit State Bank’s stock is traded on the Nasdaq Global Market under the symbol SSBI. Further information can be found at www.summitstatebank.com.
Jim Brush President and CEO Summit State Bank PO Box 6188 Santa Rosa, CA 95406 (707) 568-4920 firstname.lastname@example.org
Source:Summit State Bank