Summit State Bank Welcomes Douglas V. Reynolds, President and Chief Executive Officer of Energy Services of America, to Board of Directors
SANTA ROSA, Calif., June 13, 2022 (GLOBE NEWSWIRE) — Summit State Bank (NASDAQ: SSBI) welcomes Douglas Reynolds to its Board of Directors. Mr. Reynolds was elected to the Board of Directors at the bank’s annual meeting of shareholders held on May 23, 2022.
“We are pleased to welcome Mr. Reynolds as a director. Douglas’ vast experience in managing several businesses in a senior management role makes him an ideal addition to the Board of Directors,” stated James E. Brush, Chairman of the Board.
Currently, Mr. Reynolds is an attorney for Reynolds & Brown, PPLC. He is the President and Chief Executive Officer of Energy Services of America, where he has also served as a director since 2008. He also serves as the President of the Transylvania Corporation and a director of The Harrah and Reynolds Corporation and Premier Financial Bancorp, Inc. Douglas is a graduate of Duke University and holds a law degree from West Virginia University. He is also the son of director Marshall T. Reynolds. His knowledge of the banking industry further solidifies his appointment to the Board.
About Summit State Bank
Summit State Bank, a local community bank, has total assets of $981 million and total equity of $84 million at March 31, 2022. 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 is committed to embracing the diverse backgrounds, cultures and talents of its employees to create high performance and support the evolving needs of its customers and community it serves. At the center of diversity is inclusion, collaboration, and a shared vision for delivering superior service to customers and results for shareholders. Presently, 64% of management are women and minorities with 60% represented on the Executive Management Team. Through the engagement of its team, Summit State Bank has received many esteemed awards including: Best Business Bank, Best Places to Work in the North Bay, Top Community Bank Loan Producer, Raymond James Bankers Cup, and Super Premier Performing Bank. 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.
Brian Reed
President and CEO
Summit State Bank
500 Bicentennial Way
Santa Rosa, CA 95406
(707) 568-4908
[email protected]
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