Exhibit 23

                         CONSENT OF INDEPENDENT AUDITORS




Securities and Exchange Commission
Washington, D.C.

We hereby  consent to the  incorporation  by reference in this Annual  Report on
Form  10-K  of  our  report  dated  February  16,  2001,  on  our  audits of the
consolidated financial statements of Summit Financial Group, Inc. as of December
31, 2000 and 1999 and for each of the three years in the period  ended  December
31, 2000, included in Summit's 2000 Annual Report.

                                               ARNETT & FOSTER,  P.L.L.C.

                                               /s/ Arnett & Foster, P.L.L.C.
Charleston, West Virginia
March 29, 2001


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