Stock market soars as Summit State Bank executives ring the Nasdaq bell

It was a big, big day for the three local bank executives who were in New York on Monday as guests of the Nasdaq.|
CHRIS SMITH
THE PRESS DEMOCRAT

Clearly, officers of Summit State Bank need to make a stock-market visit to New York City more often.

Three execs of the Sonoma County-based community bank were in Times Square on Monday as special guests of the Nasdaq exchange, and look what happened.

The markets soared: The S&P 500 hit an all-time high, the Dow Jones gained more than 80 points to close just below a new record and the Nasdaq composite ended at its high for the year.

The day’s exuberant results were frosting on the cake for the trio from Santa Rosa that flew to NYC for the honor of striking the closing bell at Nasdaq in celebration of the 10th anniversary of Summit State Bank’s being listed on that exchange.

Representing Summit were president and CEO Jim Brush; Brandy Seppi, the bank’s executive vice president and chief credit officer, and controller and vice president Karen Holloway.

They’re in no hurry to leave New York and, given the stock-market rise that accompanied their visit, New York isn’t eager to see them go.

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