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Summit State Bank : Promotes Melissa Tunzi to Business Development Officer

01/06/2016 | 03:11pm EST

Santa Rosa, CA - (January 5, 2016) - Summit State Bank (NASDAQ: SSBI) has promoted Melissa Tunzi to Business Development Officer. Tunzi joined Summit State Bank in 2014 and has over 12 years of banking experience. In her new role, she will focus on the Petaluma market where she and her family reside.

'Melissa was a natural choice for this role as she has deep roots in Petaluma where her children were the 5th generation to graduate from Petaluma High School. She embodies The Summit Way Service Standards by her proven ability to establish and build quality and significant relationships with our customers and our Petaluma community,' said Thomas Duryea, President and CEO of Summit State Bank.

A Sonoma County native, Melissa is actively involved in the community and is currently a participant in Leadership Petaluma. Tunzi also volunteers for Carousel Fund, Petaluma Health Center, Petaluma Chamber of Commerce, Petaluma Downtown Association, Salvation Army and COTS.

About Summit State Bank

Summit State Bank, a community bank, has total assets of $506 million and total equity of $57 million at September 30, 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. Balanced with ethnicity, race and gender, 80 percent of the workforce are female in management positions, with 50 percent represented on the Executive Management Team. Through the inclusion and engagement of its workforce, Summit State Bank has been rewarded for its accomplishments by receiving many prestigious and industry awards.

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

Summit State Bank issued this content on 2016-01-05 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-06 20:10:06 UTC

Original Document: http://www.summitstatebank.com/press/Tunzi_Promoted_BDO.aspx

ę Publicnow 2016
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Sales 2020 32,6 M - -
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Yield 2020 3,56%
Capitalization 109 M 109 M -
EV / Sales 2019 3,68x
EV / Sales 2020 3,43x
Nbr of Employees 99
Free-Float 91,5%
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Managers and Directors
Brian Reed President, Chief Executive Officer & Director
Camille Kazarian Chief Financial Officer & Executive Vice President
James E. Brush Chairman
Genie Del Secco Chief Operating Officer & Executive Vice President
Marshall T. Reynolds Independent Director