News Releases
Pinnacle Remains the No. 1 and Fastest Growing Bank in Nashville by Deposits
Pinnacle Financial Partners is the No. 1 bank in the Nashville MSA based on deposits for the sixth consecutive year, according to FDIC data as of June 30, 2023, and rose to be the second biggest bank in Tennessee. The firm overtook Regions for the No. 2 spot statewide, adding $3.49 billion in Tennessee deposits for a total of $26.85 billion and an annual growth rate of 14.94 percent.
Pinnacle Financial Partners is a Top 25 Bank in Birmingham by Deposits
Pinnacle Financial Partners, a bank headquartered in Nashville, TN, grew local deposits in the Birmingham MSA by 291.28 percent during the 12 months ended June 30, 2023, which represents $186.84 million annual growth for a total of $250.99 million local dollars. This places the firm in the top half of all banks in the Birmingham MSA by deposit market share, ranking at No. 23 out of 48 banks.
Pinnacle Financial Partners is Now the Third Largest Bank in Chattanooga by Deposits
Pinnacle grew local deposits in the Chattanooga MSA by $365.70 million in the 12 months ended June 30, 2023, for a total of $1.94 billion, an annual growth rate of 23.26 percent and 13.10 percent of local market share. The firm is now the third largest bank in the market, according to FDIC data, up from No. 4 at June 30, 2022.
Pinnacle Financial Partners is the Fastest Growing Bank in Huntsville
Pinnacle Financial Partners, a bank headquartered in Nashville, TN, is the fastest growing bank in Huntsville by deposits, adding $85.64 million to its total of $301.23 million in local dollars at June 30, 2023, a 38.72 percent annual growth rate. That places the firm at No. 12 on the list of biggest banks by deposit market share with 2.71 percent, up from No. 30 just one year earlier, according to data from the FDIC as of June 30, 2023.
Pinnacle Grows Local Charleston Deposits by $234.97 Million in One Year
Pinnacle Financial Partners has grown its deposits in the Charleston MSA to $1.19 billion, according to new data from the FDIC, crossing the billion dollar milestone for the first time and capturing the No. 6 ranking in market share. During the 12 months ended June 30, 2023, Pinnacle grew local deposits by 24.73 percent, or $234.97 million.
Pinnacle Financial Partners is the Fastest Growing Bank in the Winston-Salem MSA by Deposits, Builds Deposit Totals to $3.11 Billion in Triad Region
Over the 12 months ended June 30, 2023, Pinnacle saw double-digit deposit percentage annual growth in two of the three MSAs that make up the Triad region of North Carolina, bringing its market-wide total to $3.11 billion in local deposits, according to data from the FDIC as of June 30, 2023.
Pinnacle Financial Partners Rises 12 Spots in Atlanta Deposit Market Share Ranking, Grows Local Deposits by $213.07 Million in One Year
Pinnacle Financial Partners, a bank based in Nashville, TN, grew local deposits in the Atlanta MSA by $213.07 million during the 12 months ended June 30, 2023, for a total of $534.28 million and an annual growth rate of 66.33 percent year-over-year.
Pinnacle Financial Partners Welcomes Veteran Financial Services Professional
Veteran financial services professional Brandi Gerew, CAE, CMP, has joined Pinnacle Financial Partners. Gerew, a banking veteran with over 18 years of experience, joins the firm as a financial advisor. She will be located at the 3515 Glenwood Avenue location.
Pinnacle President and CEO Addresses TriState Minority Supplier Development Council Conference
The TriState Minority Supplier Development Council (TSMSDC) held its 2023 Virtual Business Marketplace of Opportunities on Thursday, August 24, 2023, heralding the theme, No Limits …Just Opportunities. The conference, with a blend of valuable content, brought together certified business owners seeking to grow their business, and corporations who want to identify capable suppliers to diversify and enhance their supply chains.
Pinnacle Financial Partners Remains the Best Place to Work in Memphis
Pinnacle Financial Partners has been named as the Best Place to Work in Memphis once again, the eighth time in the last nine years the firm has earned the No. 1 spot. The Memphis Business Journal announced the ranking, with Pinnacle placing No. 1 in the large companies category. Pinnacle has been on the list since 2015.
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