PNFP In The News
The $10 million Tennessee Rural Opportunity Fund, which provides loans to small businesses in rural areas, has been awarded the 2010 National Community Reinvestment Award from the Federal Financial Institutions Examination Council. Pinnacle was among the recepients.
Pinnacle Financial Partners is officially celebrating the grand opening of its signature building at the corner of Franklin Road and Town Center Way this week.
With plenty of hardwood, colorful artwork on the walls and even a signature "water wall" in the lobby, Pinnacle Financial Partners has started serving customers in Town Center this month.
Pinnacle Financial Partners are not just another banking institution. With their soft opening this week at the intersection of Franklin Road and Town Center Way, Brentwood, converging two former locations, they are poised as a business banking and consulting super power.
“We identified Farragut early on as a place we wanted to be,” Nathan Hunter, president of Pinnacle Knoxville, said. Pinnacle, he said, was meant to stand apart from other banks.
Mac Johnston is responsible for leading Pinnacle’s investment committee in monitoring factors that influence the economy, performing sector analyses and reviewing companies’ results. Recently, Johnston and reporter William Williams discussed what looms for investors in 2010.
Knoxville news station WBIR names Pinnacle the Best Place to Work recognizing the unique culture and strategy.
Overall deposits in Nashville-area banks grew 10 percent in the past year, according to the latest FDIC market share report.
The large regional banks continue to lose marketshare. While Pinnacle saw its market share jump from 1.56 percent in 2008 to 2.8 percent in 2009, good for the sixth spot on the local list.