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SANTA ROSA, Calif., Jan. 20, 2016 (GLOBE NEWSWIRE) -- The American Bankers Association has selected Tom Duryea, president and CEO of Summit State Bank to serve on the ABA’s Community Bankers Council.
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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9871d8ed-c727-4271-b0aa-9eb1f273cc61
Duryea attended the ABA Community Bankers Council and the ABA Government Relations Council Administrative Committee joint meeting in Washington, December 7-9. During this meeting, bankers talked at length about the current challenges facing community banks across the country, including recent regulations, cybersecurity concerns and pending legislation.
“We’re proud to have Tom join the ABA Community Bankers Council,” said Dan Blanton, ABA chairman. “His longtime experience will be instrumental when representing California at ABA events and leadership meetings.” Blanton is also president and CEO of Georgia Bank and Trust in Augusta, Ga.
The ABA Community Bankers Council, which meets twice a year, is made up of approximately 100 bankers with one to four members selected to represent each state from institutions with generally less than $3 billion in assets. Members are appointed by the ABA chairman.
Tom also serves on the Board for the Pacific Coast Banking School and for the Valley of the Moon Children’s Foundation.
About Summit State Bank
Summit State Bank, a local community bank, has total assets of $513 million and total equity of $57 million at December 31, 2015. 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, Napa, San Francisco, and Marin Counties.
Summit State Bank’s workforce resembles the diverse community it serves. Presently, 80% of management are women and minorities with 50% represented on the Executive Management Team. Through the inclusion and engagement of its workforce, Summit State Bank has earned many prestigious awards including: Best Company to do Business with in Sonoma County by the Northbay Biz magazine; Best Places to Work in the North Bay by the North Bay Business Journal; Super Performing Bank by Findley Reports; and Top 75 Corporate Philanthropists in the San Francisco Bay Area by the San Francisco Business Times. 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.
Thomas Duryea President and CEO Summit State Bank PO Box 6188 Santa Rosa, CA 95406 (707) 568-4920 [email protected]
