PNFP In The News

PNFP In The News

PNFP In The News

Tennessee Rural Opportunity Fund wins national award

April 05, 2010

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.

The award recognizes financial institutions that are advancing innovative solutions to the challenges facing lower-income and distressed communities.

Twenty-three banks in Tennessee are investors in the Rural Opportunity Fund, including Pinnacle National Bank and Avenue Bank of Nashville, and Tennessee Commerce Bank and Reliant Bank of Franklin.

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