Summit Bank is a bank based in Oakland, California, established in 1982, with $270 million in total assets across 3 branches. By Trust Grade it ranks 11th of 117 banks we track in California. Its capital ratio of 18.3% is stronger than 96% of similarly sized banks, versus a California median of 11.7%. It was profitable over the most recent period, with a 1.06% return on assets. No consumer complaints against Summit Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Summit Bank compares to California peers
How we graded Summit Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (18.3% capital ratio)
- Strongly profitable (ROA 1.06%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Summit Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 2969 Broadway, Oakland, CA 94611
- 1701 N California Blvd, Walnut Creek, CA 94596
- 2000 Powell St, Emeryville, CA 94608
Are deposits at Summit Bank insured?
Yes. Summit Bank is an FDIC-insured bank (FDIC certificate #23864). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Summit Bank: frequently asked questions
Is Summit Bank a good bank?
Summit Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (18.3% capital ratio); Strongly profitable (ROA 1.06%).
Is Summit Bank FDIC-insured?
Yes. Summit Bank is a FDIC-insured bank (FDIC certificate #23864). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Summit Bank?
Summit Bank holds $270 million in total assets, ranking 11th of 117 banks we track in California. It operates 3 branches.
Does Summit Bank have CFPB complaints?
No CFPB complaints against Summit Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
