Summit National Bank
in the United States 🇺🇸
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About Summit National Bank in the United States
Summit National Bank is a community bank headquartered in Hulett, Wyoming, a small town of approximately 300 residents located near Devils Tower National Monument in the Black Hills of northeastern Wyoming. Originally founded to serve rural communities, the bank operates three offices across Wyoming, Idaho, and Montana with approximately $85.6 million in assets. The institution is owned by Mode Eleven (formerly Hulett Bancorp), a bank holding company that has pursued both traditional community banking and, more recently, Banking-as-a-Service initiatives.
The bank has evolved from its origins as a rural agricultural and commercial lender to incorporate modern fintech business lines, though this expansion has encountered regulatory challenges and financial difficulties in recent years.