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1st Summit announces passing of holding company President, CEO

Officials with 1st Summit Bank announced the passing of Elmer Laslo, the President and CEO of the bank's holding company, on Thursday 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 family,” said Eric Renner, CEO & President of 1ST SUMMIT BANK. “We will all miss him more than words can express. Through his 45 years of service at the bank, Elmer was a great leader, community advocate, mentor, and friend.”

The company says Laslo joined 1st Summit Bank as the Chief Executive Officer in 1977 and was named the company's president in 1984.

Officials say Laslo retired from the company's everyday operations in 2020 but remained as the President and CEO of the holding company, 1st Summit Bancorp.

“In my four years at 1ST SUMMIT, it’s been humbling to learn of the many great things that Elmer has accomplished both at the bank and in our communities,” Renner said. “He created a true community bank approach toward our customers. This culture of relationship banking is engrained in the fabric of our company, committed to by our employees, and appreciated by our customers. We’re dedicated to continuing this approach.”

The company noted that Laslo was involved with several community organizations and initiatives.

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Delta Gatti

Update: 2024-06-05