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Take Steps to Prevent Identity Theft
By Summer Yeiser, Office Manager for Pinnacle's Downtown Nashville Office
Identity theft is among America's fastest growing crimes. According to the latest figures from the Federal Trade Commission, 8.3 million (nearly 4 percent) of American adults were victims of identity theft in 2005. Fortunately, there are several actions you can take to protect your financial accounts from being hijacked. Click here for more.
Congratulations to the following Pinnacle clients and associates who were among the 29 winners of the Nashville Business Journal's "Rutherford County Impact Awards" for the impact they are making in one of the fastest-growing counties in the nation:
- Laurel Best, Nonprofit Leader Category, Linebaugh Public Library
- Greg Daniels, Corporate Executive Category, Nissan North America
- Bob Farris, Mentor Category, Bob Farris Tax Service
- John Floyd, Corporate Executive Category, Ole South Properties
- Roger Haley, Behind the Scenes Category, City of Murfreesboro
- Steve Harrison, Community Supporter Category, SEC, Inc.
- Terry Haynes, Entrepreneur Category, Haynes Brothers Lumber Co.
- Bill Jones, Leader Category, Pinnacle Financial Partners
- Ed Loughry, Mentor Category, Pinnacle Financial Partners
- Andrea Loughry, Innovation Category, Mind2Marketplace
- Joseph Peay, Mentor Category, Murfreesboro Medical Clinic
- Mark Pirtle, Development Category, Mark Pirtle Real Estate
- Shane Reeves, Innovation Category, Reeves-Sain Family of Medical Services
- Rich Sain, Innovation Category, Reeves-Sain Family of Medical Services
- Holly Sears, Development Category, Rutherford County Chamber of Commerce
Leathers and Herrington Recognized for Leadership
Pinnacle client Linda Leathers, CEO of The Next Door, was one of three panelists invited by the White House Office on Faith-Based and Community Initiatives to participate in its "Compassion in Action" Roundtable. The Next Door is a Nashville-based nonprofit that provides transitional housing and recovery support services to women in crisis situations.
Another Pinnacle client, Tennessee Bun Company CEO Cordia Herrington, was named "Woman Entrepreneur of the Year" by the United States Association for Small Business and Entrepreneurship at its annual conference earlier this month in San Antonio. She was also the keynote speaker of the conference.
Will the Fed’s recent rate cuts impact mortgage rates?
Home mortgage rates aren't directly tied to the Federal Reserve Board’s interest rate moves. Mortgage rates are attached to the yield on the U.S. government’s 10-year Treasury note.
A slowing economy already has tempered mortgage rates, and the Fed's dramatic action could provide an attractive reason to look into refinancing your homes, particularly if you have an adjustable rate mortgage or want to reduce your term.
Pinnacle Reports 4Q Strong Earnings
Pinnacle reported strong earnings and asset quality, as well as record loan growth for the fourth quarter of 2007 (loans were up $155 million from the previous quarter). Total assets grew to $3.8 billion, up $1.66 billion from the $2.14 billion reported at the same time last year. (See charts below.)
Click here for the earnings announcement, and click here for the NASDAQ/NGS listing: PNFP.
The chart below shows Pinnacle's stock-price performance versus the largest regional and national institutions in the Middle Tennessee market.
Ruth Cushenberry, with 24 years of experience, serves as a financial advisor for Pinnacle's Hermitage office. She was most recently a vice president and personal banker for Bank of America in Hermitage.
Keith Davis joins Pinnacle as trust advisor for the firm's trust services group. Keith brings over 16 years of experience and comes most recently from First Tennessee Bank, where he was a senior trust officer.
Jenny Harris brings 33 years of experience to her role of financial advisor for Pinnacle's Hermitage office. She comes from Bank of the South in Mt. Juliet, where she was a vice president focused on commercial clients. Prior to Bank of the South, Jenny was a commercial banker for AmSouth/First American Bank.
Dave Rowe joins as financial advisor and manager of Pinnacle's new Equipment Leasing Services area. Dave comes to Pinnacle with more than 22 years of experience. He has worked for Sanwa/Fleet Bank, Fifth Third Bank and Rockford/American Express, managing both regional and national sales divisions within these companies.
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| Ruth Cushenberry | Keith Davis | Jenny Harris | Dave Rowe |
Pinnacle also welcomes two additional associates:
Kim Owens, 20 years experience, service specialist - Hermitage
Diana Peck, 16 years experience, service specialist - Hermitage
Nashville's Mayor at Feb. 12 Forum
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Nashville Mayor Karl Dean will discuss his plans to move the city forward at the Pinnacle Forum on Feb. 12 from 4:30 - 5:30 p.m. at the Loews Vanderbilt Hotel, 2100 West End Ave. Cocktails will be served following Mayor Dean's remarks.
Dean's priorities as mayor are improving schools, making neighborhoods safer and bringing more and better jobs to Nashville.
For information or to RSVP, contact Brenda Cameron at 744-3773 or brenda.cameron@pnfp.com.
Corporate Governance for Non-Profit Organizations
with Mary Neil Price, Attorney
Pinnacle Hendersonville
Tuesday, Feb. 5, 11:30 a.m. - 12:30 p.m. (workshop and box lunch)
RSVP or questions: Summer Yeiser at 620-1207 or summer.yeiser@pnfp.com
Identity Theft Awareness
with Laura Hooper, Nashville Consumer Credit
Pinnacle Donelson
Tuesday, Feb. 12, 11:30 a.m. - 12:30 p.m. (workshop and box lunch)
Pinnacle Green Hills
Wednesday, Feb. 13, 11:30 a.m. - 12:30 p.m. (workshop and box lunch)
Pinnacle West End
Wednesday, Feb. 27, 11:30 a.m. - 12:30 p.m. (workshop and box lunch)
RSVP or questions: Summer Yeiser at 620-1207 or summer.yeiser@pnfp.com
Regulatory Issues for Non-Profit Organizations
with Mary Neil Price, Attorney
Pinnacle Cool Springs
Wednesday, Feb. 20, 11:30 a.m. - 12:30 p.m. (workshop and box lunch)
RSVP or questions: Summer Yeiser at 620-1207 or summer.yeiser@pnfp.com
Teleconference: Recent Development in Estate Planning *
with Roy Adams, Cannon Financial Institute, and guest Ann Burns, CPA
Pinnacle Downtown Nashville
Tuesday, March 11, 11:30 a.m. - 12:30 p.m. (workshop and box lunch)
RSVP or questions: Summer Yeiser at 620-1207 or summer.yeiser@pnfp.com
* CE credit available for CPAs, CFPs, Enrolled Agents, CTFAs, and Attorneys
