Pinnacle is the Largest and Second Largest Bank in Cleveland and Chattanooga

Pinnacle Financial Partners is seeing exceptional growth in both Chattanooga and Cleveland. In Chattanooga, Pinnacle is the No. 2 largest bank in the MSA by deposits. It grew local deposits by $153.42 million over the past year, for a total of $2.35 billion. That's an annual growth rate of 6.98 percent to reach 15.32 percent of local market share.

"The growth we're seeing in this region shows that clients want something different from their financial partner," said Craig Holley, Pinnacle's Chattanooga Chairman. "Our associates deliver that through personalized service and sound advice, and their dedication is why so many people are choosing Pinnacle."

Pinnacle is the No. 1 largest bank in Cleveland MSA by deposits after growing local deposits by $21.53 million over the past year, for a total of $512.31 million. That's an annual growth rate of 4.39 percent to reach 18.51 percent of local market share.

"Being the largest bank in Cleveland is a testament to our clients and our associates," said Keith Barrett, area manager. "When you lead with service, word gets around."

Statewide, Pinnacle is the second largest bank by deposits with 12.94 percent market share-less than half a percentage point behind the leader. The firm added $2.50 billion in deposits during the 12 months ended June 30, 2025, and was the only bank in Tennessee's top five to grow market share. That brings its total to $30.21 billion.

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2025 deposit data from the FDIC. Pinnacle is No. 9 on FORTUNE magazine's 2025 list of 100 Best Companies to Work For® in the U.S., its ninth consecutive appearance and was recognized by American Banker as one of America's Best Banks to Work For 12 years in a row and No.1 among banks with more than $10 billion in assets in 2024.

Pinnacle began serving Chattanooga in 2015 when it acquired CapitalMark Bank & Trust. The firm is the second-largest bank in the market in terms of deposits and is also one of the fastest growing. Pinnacle was named a top 10 Top Workplace in Chattanooga by the Chattanooga Times Free Press 2020-2024.

The firm began operations in a single location in downtown Nashville, TN, in October 2000 and has since grown to approximately $54.8 billion in assets as of June 30, 2025. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at https://www.pnfp.com.