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1st Summit Bank is excited to announce the opening of its 18th location in the Eldorado Community of Altoona, PA. The newly renovated office located on 6th Avenue (Route 764) is tentatively scheduled to open in the Fall of 2023. The former bank-occupied site sits as the endcap of the plaza that houses Zach’s Sports Bar and Old Carolina Barbecue. […]
Given the news regarding the recent bank failures in California and New York, I suspect many of you have some concerns and are asking questions about what is happening. According to media sources, these two banks were large financial institutions who had engaged in high-risk business segments and encountered fundamental funding challenges that they were not able to manage through, forcing […]
JOHNSTOWN, PA (January 20, 2023) – Effective January 17, 2023, J. Eric Renner has been named President and CEO of 1st Summit Bancorp of Johnstown, Inc., the holding company of 1st Summit Bank. This change is made following the death of Elmer C. Laslo, President and CEO, on January 4, 2023. Approaching four years at the organization, Renner joined 1st […]
JOHNSTOWN, PA (January 5, 2023) – 1ST SUMMIT BANK is saddened to announce that Elmer Laslo, President & CEO of 1ST SUMMIT BANK’s holding company 1ST SUMMIT BANCORP, has passed away after an extended illness. “On behalf of our Board of Directors, senior leadership team, employees, and our expanded 1ST SUMMIT BANK family, we share our deepest sympathies to Elmer’s […]