Pinnacle Financial Partners, Inc. Appoints Phillip May Joins Pinnacle as Memphis President
January 06, 2020 at 11:30 pm IST
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Pinnacle Financial Partners welcomed a new Memphis president when longtime West Tennessee banking leader Phillip May joined the firm. He will work with Memphis Chairman Kirk Bailey to lead Pinnacle’s commercial and retail banking team and recruit more top-tier local financial professionals. May is based at the main local office on Shady Grove Road. May comes to Pinnacle with 25 years of experience in commercial and corporate lending, nearly half of that as a Memphis and West Tennessee CEO or president. In 2007, after years as a corporate banking executive for firms like SunTrust and Regions, May helped found Metropolitan Bank in Memphis as an alternative to the big banks that dominated the market. He spent 10 years as its Memphis CEO. Under his watch, the bank grew local assets to more than $700 million to become one of the highest-performing banks in its peer group.
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.