Summit Bancorp Forms New Jersey’s Largest Brokerage

May 17, 2000

Summit Bancorp has formed Summit Insurance Advisors, a consolidation of several long-established New Jersey-based insurance brokerage and consulting organizations—Meeker Sharkey Financial Group, W.M. Ross & Co., Corporate Dynamics, Madison Consulting Group and Patgo Insurance Agency.

Summit Insurance Advisors has more than 300 insurance professionals in offices throughout New Jersey, eastern Pennsylvania and Connecticut. In addition to offering business clients advice on property/casualty, life and employee benefits insurance, these professionals can refer them to Summit Bank, the 25th largest bank in the United States, for advice on financial management through services such as investment management, retirement services, brokerage, cash management, interest rate and currency strategies and lending.

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