Pinnacle’s deposit growth rate was the highest among the top 10 banks in the Knoxville MSA as of June 30, 2020, and five of those competitors lost market share despite gaining in dollar amounts. The firm crossed the $2 billion mark in deposits for the first time after a de novo start in 2007 with a total of $2.295 as of Dec. 30. With five offices in Knoxville and locations in Maryville and Oak Ridge, Pinnacle placed No. 1 on the Knoxville News Sentinel’s list of Top Workplaces – the firm’s fourth year to appear on the list.
One hundred percent of Knoxville respondents to surveys from Greenwich Associates stated Pinnacle is a “Bank You Can Trust” and “Values Long-Term Relationships,” a leading score among all banks covered. Greenwich is the world leader in market research for financial services.
Pinnacle Growth
2
Revenue Producers Hired
5.6%
Loan Growth to $1.865 billion
40%
Deposit Growth to $2.295 billion
#4
Market Share
$232.5M
PPP Lending