Change in Control of Summit National Bank Announced

Got story updates? Submit your updates here. ›

A Notice of Change in Bank Control has been filed with the Office of the Comptroller of the Currency by Greg Jacobson to acquire a controlling interest in Summit National Bank, located in Hulett, Wyoming. The notice was filed on December 29, 2025, and the public has 20 days to submit written comments on the proposed acquisition.

Why it matters

This change in bank control could have significant implications for the local community and customers of Summit National Bank. It's important for the public to be aware of the proposed acquisition and have the opportunity to provide feedback to the OCC.

The details

The notice was filed pursuant to federal banking regulations that require parties wishing to acquire control of a national bank or Federal savings association to notify the OCC in writing 60 days prior to the proposed acquisition. The OCC may issue a letter of nondisapproval before the close of the statutory review period, or may extend the review period. Certain information about the acquisition will be made publicly available once the OCC has acted on the notice.

• The notice was filed on December 29, 2025.
• The public has 20 days from February 19, 2026 to submit written comments on the proposed acquisition.

What’s next

The OCC will review the notice and public comments, and then decide whether to approve or disapprove the proposed acquisition of control of Summit National Bank.