Pinnacle Financial Partners, a bank based in Nashville, TN, continues its rapid growth in northern Alabama. The firm grew local deposits in the Huntsville MSA by $46.6 million in the 12 months ended June 30, 2024, for a total of $347.8 million. That’s an annual growth rate of 15.5 percent to reach 3.1 percent of local market share. That places the firm at No. 11 on the list of biggest banks by deposit market share, up from No. 12 in 2023, according to FDIC data. “We’re incredibly th...
