News Releases
Pinnacle Financial Partners Remains a Top 25 Bank in Birmingham MSA by Deposits
Pinnacle Financial Partners, a bank based in Nashville, TN, grew local deposits in the Birmingham MSA by $34.1 million in the 12 months ended June 30, 2024, for a total of $322.2 million. That’s an annual growth rate of 11.9 percent to reach 0.7 percent of local market share. That places the firm at No. 22 on the list of biggest banks by deposit market share, up from No. 23 in 2023, according to FDIC data.
Pinnacle is the No. 1 Bank in the Nashville MSA by Deposits
Pinnacle Financial Partners remains the largest bank in the Nashville MSA by deposits, marking seven consecutive years at No. 1. The firm held $19.7 billion in local deposits, which is 21.2 percent of the total market and 52.2 percent above the closest competitor, according to FDIC data as of and for the 12-months ended June 30, 2024. Pinnacle is No. 3 in deposit dollars added despite nearly a decade of dominance in the market.
Veteran Financial Services Professional Joins Pinnacle Financial Partners in Winston-Salem
Experienced financial services professional Craig Alden has joined Pinnacle Financial Partners as an area manager based at the firm’s Winston-Salem office on Cherry Street. Alden brings 22 years of experience to the firm.
Pinnacle Financial Partners Welcomes Veteran Banker David LeBlanc to Greensboro Team
Pinnacle Financial Partners is proud to announce that David LeBlanc, a highly respected veteran banker in the Triad business community, has joined the firm as a financial advisor at the firm’s Green Valley office in Greensboro. LeBlanc brings more than three decades of experience in commercial banking, having served clients across Central North Carolina.
Pinnacle Is the Nation's No. 3 Best Financial Services Firm to Work For
Pinnacle Financial Partners has once again been named among the nation’s Best Large Workplaces in Financial Services and Insurance by FORTUNE magazine and Great Place to Work®, climbing to the No. 3 spot for 2024. That’s up from No. 7 in 2023 and places the firm on a top 10 list of much larger national and international brands. This marks the eighth consecutive year Pinnacle has earned this recognition, reinforcing its reputation as a destination for top-tier talent in the banking industry.
Pinnacle Financial Partners Expands in Birmingham with Addition of Financial Advisor
Pinnacle Financial Partners continues its growth in Alabama with the addition of Jamie LeDoux, who recently joined the firm’s Brookwood Village office. He brings 23 years of industry experience and will serve as a financial advisor.
HPB Insurance Named a Best Practices Agency for Third Consecutive Year
HPB Insurance, a wholly-owned subsidiary of Pinnacle Financial Partners, retains its Best Practices status, once again becoming a part of an elite group of independent insurance agencies around the United States. The Best Practices agency designation is awarded to participants in the Best Practices Study, which analyzes and documents the business practices of the highest-performing insurance agencies in the industry.
Pinnacle Celebrates Affordable Housing Community Ribbon Cutting in Knoxville
Knoxville’s Community Development Corporation (KCDC), along with business and community leaders, stakeholders and residents, officially cut the ribbon Aug. 29 on the second phase of First Creek at Austin, part of the city’s first mixed-income, affordable housing community.
Pinnacle Expands Charlotte Team with Addition of Financial Expert
Experienced banking professional Steven Gunzenhauser recently joined Pinnacle Financial Partners’ Charlotte Third Street office. He has 17 years of financial experience and will serve as a financial advisor.
Pinnacle Opens its First Economic Empowerment Resource Center in North Carolina
Pinnacle Financial Partners recently opened its first Pinnacle Economic Empowerment Resource (PEER) Center in North Carolina. PEER Centers are focused on providing the community with financial education and support from an office embedded in historically underserved communities. Located at 413 Dalton Avenue, the full-service location is home to three banking veterans, two of them new to the firm. Sherry Robinson joins the firm as an office leader, while Kyle Cunningham and Ashley Saavedra will serve as financial specialists.
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