Huntsville, AL

One of Pinnacle's newest markets is also one of the fastest growing MSAs in the Southeast. Don't sleep on Huntsville—its educated population is quickly growing, thanks to an influx of companies looking to capitalize on a ready workforce, low cost of living and robust appetite for economic development. Quickly on its way to becoming one of the largest cities in Alabama, Huntsville is fertile ground for Pinnacle to continue attracting the best bankers and building a significant client base. The growth the team has seen so far—rising to the top half of all banks according to deposit market share—is, we believe, indicative of the potential this market holds.

Pinnacle Growth

3

Revenue Producers
Hired

66.8%

Loan Growth to $45.2 million

102.2%

Deposit Growth to $232.3 million

#15

Deposit Market Share Out of 33 Banks*

58%

Moves Inbound AL—Highly Positive Inbound Migration

#10

Inbound Moves, United Van Lines study

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