SANTA ROSA, Calif., May 20, 2014 (GLOBE NEWSWIRE) -- Summit State Bank's (Nasdaq:SSBI) President and CEO Tom Duryea has joined the Board for the Pacific Coast Banking School. Mr. Duryea is a 2007 graduate of Pacific Coast Banking School, the largest graduate-level banking school in the country.
"Pacific Coast Banking School is very pleased to have Mr. Duryea join our Board," said CEO, David Enger. "Tom has risen to the highest ranks in the banking industry and his experience as a leader in our industry and as a graduate of PCBS will be a great asset to us."
Since 1938, in partnership with the University of Washington Foster School of Business, over 10,000 participants have graduated from PCBS, with hundreds of graduates currently serving as CEOs of financial institutions and hundreds more serving in key leadership roles across the country.
About Summit State Bank
Summit State Bank has total assets of $460 million and total equity of $63 million at March 31, 2014. Headquartered in Sonoma County, the Bank provides diverse financial products and services throughout Sonoma, Napa, San Francisco, and Marin Counties. Summit has been recognized as one of the Top 75 Corporate Philanthropists in the Bay Area by the San Francisco Business Times and Top Corporate Philanthropist by the North Bay Business Journal. In addition, Summit State Bank received the 2013 Rising Star Award from the California Independent Bankers, the 2012 Community Bank Award from the American Bankers Association for its nonprofit work, and has been recognized as one of the North Bay's Best Places to Work by the North Bay Business Journal. Summit has also been consistently recognized as a high performing bank by Findley Reports. 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.