News Releases
Pinnacle Hits Another Level in Louisville with New Office, Addition of Two Veteran Bankers
One year after launching service to Louisville, Pinnacle Financial Partners is taking its presence in the market to the next level with a new office and the addition of two of Louisville’s best known and respected financial professionals.
Pinnacle is the No. 30 Bank by Deposits in the Washington, D.C. MSA
Just 18 months after hiring its first local associates in the National Capital Region and with just one year of deposit gathering, Pinnacle Financial Partners is among the top 50 percent of banks by deposit market share in the Washington, D.C. MSA. The bank added $637.68 million in deposits in the 12-month period ended June 30, 2023, according to FDIC data.
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.
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