Memphis, TN

Pinnacle has built an incredible success story in Memphis and in 2022 leapt from No. 5 in deposit market share to No. 3, according to FDIC data as of June 30, 2022. Loan growth jumped sharply in 2022, and deposits saw another banner year, with both passing the $2 billion milestone by year-end. The region seems primed for a long period of growth given the massive investments headed to West Tennessee to build Ford's Blue Oval City, the epicenter for the car company's electric battery and vehicle production, and their largest manufacturing campus in the world.