Pinnacle Financial Partners : Expands in East Tennessee with New Area Manager
June 10, 2024 at 08:55 pm IST
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June 10, 2024
Experienced banking leader Matt Hurst has joined Pinnacle Financial Partners at its Maryville office location. Hurst will serve as area manager and financial advisor, bringing 27 years of experience to the firm.
"Matt is an excellent addition to the Maryville team, and we are honored that he chose to bring his wealth of industry knowledge to Pinnacle," said Missy Wallen, Knoxville chairman. "Matt is a prime example of the quality of talent drawn to our culture and model of distinctive service and effective advice. He is a tremendous leader and great fit for our firm."
Hurst comes to Pinnacle from CapStar Bank. Prior to that he served the majority of his career in key roles at Truist and United Community Bank where he developed relationships by developing customized banking solutions to help achieve financial goals. Hurst graduated with a Bachelor of Science degree in finance and management from Mars Hill University.
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 and fastest growing bank in the Nashville-Murfreesboro-Franklin MSA, according to 2023 deposit data from the FDIC. Pinnacle is No. 11 on the 2024 list of 100 Best Companies to Work For® in the U.S., its eighth consecutive appearance and was recognized by American Banker as one of America's Best Banks to Work For 11 years in a row and No. 1 among banks with more than $10 billion in assets in 2023.
Pinnacle expanded to East Tennessee in 2007 by hiring a team of local financial services professionals to start an office in Knoxville. Pinnacle now operates five offices in Knox County, one in Oak Ridge and one in Maryville. The firm is the fourth-largest bank in the Knoxville MSA in terms of deposits.
The firm began operations in a single location in downtown Nashville, TN, in October 2000 and has since grown to approximately $48.9 billion in assets as of March 31, 2024. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 17 primarily urban markets across the Southeast.
Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.
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Pinnacle Financial Partners, Inc. is a financial holding company. The Company operates through its wholly owned subsidiary, Pinnacle Bank (the Bank). The Bank is a Tennessee state-chartered bank. It offers a range of lending products, including commercial, real estate and consumer loans to individuals, businesses, and professional entities. The Bank is also focused on offering core deposits, including savings, noninterest-bearing checking, interest-bearing checking, money market and certificate of deposit accounts, including access to products offered through various IntraFi Network Deposit programs. The Bank also provides fiduciary and investment services through its Trust & Investment Services department. Its treasury management services include, online wire origination, automated bill pay services, positive pay, and others. It operates approximately 128 offices, including 51 in Tennessee, 39 in North Carolina, 21 in South Carolina, 10 in Virginia, three in Georgia.