Tapping the Potential

The Raleigh team very nearly cracked a billion in deposits, with the official total at $980 million as of Dec. 31, 2021. They grew deposits by 25.9 percent from year-end 2020, adding $202.1 million in a single year. Loans grew 11.6 percent in the same period to $1.4 billion, and the strength of the market leads us to believe this is just a portion of the potential to be tapped. Greenwich surveys did not include Pinnacle clients in the Triangle area, but statewide in North Carolina, Pinnacle ranks first in Values Long-term Relationships, Ease of Doing Business, Bank You Could Trust and Net Promoter Score. Our financial advisors lead our North Carolina peer group in six different categories, including Overall Satisfaction, Prompt Follow-up, Proactively Provides Advice and more.