Greenville/Spartanburg, SC

Greenville has enjoyed economic growth as global giants like Michelin, BMW, Lockheed Martin, Fluor and Milliken have joined a burgeoning startup community. 2022 brought $468 million in new capital investment and more than 2,300 jobs to Greenville County. Pinnacle’s loan growth jumped sharply with a 26.1 percent increase and a 2 percent bump in deposits. Highly positive inbound migration should continue to produce opportunities for the region.

Pinnacle Growth

6

Revenue Producers
Hired

26.1%

Loan Growth to $556.5 million

2.0%

Deposit Growth to $464.8 million

#13

Deposit Market Share Greenville Out of 36 Banks; No. 13, Spartanburg Out of 17 Banks*

#11

Spartanburg – U.S. News & World Report No. 11 Fastest Growing Places in America

61%

Moves Inbound SC—Highly Positive Inbound Migration

#4

Inbound Moves, United Van Lines study

*As of June 30, 2022, according to FDIC data.