1st Summit Bancorp Johnstown, Inc.

Detailed Description

1ST SUMMIT BANCORP of Johnstown, Inc. operates as the bank holding company for 1ST SUMMIT BANK that provides various banking products and services. The company accepts various deposits, such as checking, savings, interest-bearing and noninterest-bearing demand deposit, money market, and individual retirement accounts, as well as certificates of deposit. It offers personal loans, including auto, recreational vehicle, bill consolidation, credit line, and educational loans; home equity loans; home equity line of credit; home mortgage loans; mortgage construction; business lines of credit; residential real estate loans; residential and commercial mortgage; equipment loans; equipment leasing; small business administration loans; and commercial vehicle loans. The company also offers credit, prepaid, and gift cards; wealth management and investment services comprising trust, financial advisory and planning; life and long-term care insurance services; and reorder checks, safe deposit boxes, direct deposits, and electronic banking services. In addition, it provides securities portfolio primarily consisting of issues of the United States government agencies, including mortgage-backed securities, municipal obligations, corporate debt, and equity securities of other financial institutions. Further, the company offers consumer finance products and services. It serves customers through 17 offices in Cambria, Somerset, Indiana, Blair, and Westmoreland counties in Pennsylvania. The company was formerly known as SUMMIT Bancorp, Inc. and changed its name to 1ST SUMMIT BANCORP of Johnstown, Inc. in 1996. 1ST SUMMIT BANCORP of Johnstown, Inc. was founded in 1924 and is based in Johnstown, Pennsylvania.