Pinnacle Opens Loan Production Office in North Raleigh

Pinnacle Financial Partners has opened a new loan production office in North Raleigh, expanding its capacity to serve the community’s lending needs. The new office, located at 7501 Falls of Neuse Rd., is the firm’s fourth in Raleigh and ninth in the Triangle.

“Raleigh is one of the fastest growing markets in Pinnacle’s footprint, and we’re making investments that will allow us to grow with it,” said regional president Mark Carlton. “By extending our reach, we can deliver our brand of distinctive service and effective advice to more people in more places. North Raleigh has been on our wish list for a while. We’re in the heart of a thriving residential and commercial area, and right next door to Ravenscroft School. It’s a perfect location for our growing team of commercial and small business financial advisors, as well as our investment teams.”

North Raleigh is home to a growing number of large residential communities along with restaurants, large retail stores and entertainment complexes.

Pinnacle’s new loan production office occupies 4,000 square feet and includes seven offices, a conference room and reception area. Associates based there include wealth manager Brad Sears; commercial bankers Scott Stuchel, Matt Robinson and Larry Davis; credit advisor Karyn Vasconcellos; and financial advisor assistants Kim Aspden and Sherry Barbour. Because this is not a full-service office, it does not have deposit capabilities or an ATM. 

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. Pinnacle earned a spot on FORTUNE's 2021 list of 100 Best Companies to Work For® in the U.S., its fifth consecutive appearance. American Banker recognized Pinnacle as one of America’s Best Banks to Work For eight years in a row and No. 1 among banks with more than $10 billion in assets in 2020.

Pinnacle entered the North Carolina market in 2017 when it acquired BNC Bancorp, known locally as Bank of North Carolina. Pinnacle continues BNC’s practice of offering community bank service with the resources and sophistication of a larger bank.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $35.3 billion in assets as of March 31, 2021. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 12 primarily urban markets in Tennessee, the Carolinas, Virginia and Atlanta.  

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.