Company Commentary
All Hands on Deck for Nashville Housing
The time is now for Nashville and Nashvillians to invest in affordable and accessible home ownership and rentals. We’re seeing Nashville respond to this challenge in meaningful ways that need to be supported so they can continue. Everyone has a part to play, and they’re working hard to help more of our neighbors find homes, build wealth and break the cycle of poverty.
Employee Financial Wellbeing Matters to Your Company
Do you know how many of your employees live paycheck to paycheck? Nationwide, nearly 60 percent of Americans have no cushion and live with daily stress about paying bills. They’re not saving, not investing and could have their whole lives thrown into disarray by an unexpected major expense. Financial wellness is everyone’s concern, especially employers. You are their main source of income, health insurance and retirement planning. That puts you in a great position to help. Doing so is caring and compassionate and, if done right, can help improve your business outcomes dramatically.
How to Make a Long-term Investment in Equity for Nashville
When we talk about education equity, what comes to mind? Certainly, every child should have equal access to the essentials of reading, writing, math, science, and history. Will that give them everything they need for success in life? There’s a vital piece of the education puzzle missing, and for far too many children in Nashville, it’s been absent for a long time: Financial education.
Beyond Diversity: Belonging Can Create More Unified and Effective Teams
Diversity, equity and inclusion (DEI) strategies can’t exist just for their own sake. Ticking a box isn’t the goal. Strengthening your business and its outcomes is. That happens when we focus on the ‘I’: Inclusion. Every person yearns for a sense of belonging. It’s up to us to cultivate it in a healthy way for people of all backgrounds so our teams are more engaged and effective.
One Culture, No Compromise: How Pinnacle is Expanding Networks to Boost Diversity
We at Pinnacle believe a strong and diverse team is critical to our success and performance, both as a firm and an active member of our communities. When our associates represent the communities we serve, we can then cascade our impact to reach more people more effectively. Our dilemma, however, was how to square this with our long track record of success with our hiring model where most roles require at least 10 years of experience and recruiting is based on direct referrals from Pinnacle associates. Could we increase diversity without compromising the hiring model that’s part of the bedrock of our business model?
Tools for Affordable, Accessible and Sustainable Home Ownership
Affordable housing rightfully takes up a lot of oxygen in Nashville’s growth conversation. Projects like the East Bank and the changes coming to Dickerson Pike hold an enormous amount of promise for people hoping to find and afford homes close to the jobs, major attractions and investments made in downtown. While we focus on producing new affordable units as part of these and other development opportunities, we need to also stay focused on two other important aspects of Nashville’s overall affordability: Accessibility; that is, ensuring homes are within reach of working families with help from the right tools and resources; and keeping people in their homes as neighborhoods change and grow around them by taking advantage of the equity they’ve built.
Affordable Housing Takes Partnership and Smart Financial Tactics
The affordable housing gap is built from complex historical and systemic factors, including problems rooted in decades old social and economic issues. The issue isn’t simple, and neither is its solution. Advocating for more housing is the right thing to do. Understanding and supporting the mechanisms required to build it are just as important.
Seizing Opportunity with Strength in Recruiting
As optimism rises and business owners switch from survival mode to a growth mindset, we’re starting to get a glimpse of what America’s post-pandemic economy will look like. While some questions remain, particularly around the American workforce, I continue to see an awful lot of opportunity. And we’ve been preparing for the last 21 years to seize it.
Culture, Service and the Bottom Line: How 2020 Proved the Pinnacle Model
How do you quantify the impact made by culture? That’s been a challenge for our firm since Day One in 2000. It’s easy to show the cost-benefit analysis of a new branch office, a piece of technology or a new team of bankers. It’s tougher to justify spending so much time and resources on building and sustaining a great internal culture. 2020 gave us an opportunity to make that case, and recent research helps prove how right we were.
Happy Anniversary: Pinnacle’s 20 Years of Vision, Endurance and Joy
As Pinnacle celebrates its 20th anniversary, president, CEO and co-founder Terry Turner takes a look back at 20 years of vision, passion and hard work.
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