Pinnacle's Charlotte team crossed the $1 billion mark in deposits, climbing three notches to No. 7 in market share, according to FDIC data as of June 30, 2020. Deposits grew 23 percent year-over-year. The team continued to grow as well. Another 16 revenue producers joined Pinnacle in Charlotte, including nine at a new loan production office at The Refinery to further fill out a suite of capabilities including commercial banking, asset management and client service.
One hundred percent of Charlotte respondents to surveys from Greenwich Associates in 2020 stated Pinnacle was a "Bank You Can Trust," a leading score among all banks covered. Greenwich is the world leader in market research for financial services.
Pinnacle Growth
16
Revenue Producers Hired
7.26%
Loan Growth to $2.165 billion
23%
Deposit Growth to $1.572 billion
#7
Market Share
$182.8M
PPP Lending