Pinnacle Is Among America’s Top 15 Companies That Care
28 Agosto 2023 - 8:00AM
Business Wire
New list from PEOPLE magazine ranks the firm
at No. 14 of 100
Pinnacle Financial Partners earned the No. 14 spot on PEOPLE
magazine’s list of 100 Companies That Care, jointly chosen by the
publication and Great Place to Work®. This is Pinnacle’s fourth
time on this prestigious list, joining much larger international
brands like Cisco, PricewaterhouseCoopers and Target and ranking
higher than others like Deloitte, Capital One and Bank of America.
All on the list were chosen for the generosity of their company
benefits and charitable work, as well as personal accounts of the
impact these organizations have made on the lives of their
employees.
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Pinnacle Associates in Roanoke Celebrate
Black History Month with an Educational Display in the Office
(Photo: Business Wire)
“Every day at Pinnacle, we are very intentional about nurturing
a culture of care that values the individual and seeks to make a
significant positive impact on the communities we serve,” said M.
Terry Turner, Pinnacle’s president and CEO. “Everyone deserves a
great place to work and a great place to do business. And as a
bank, we have a responsibility to deploy capital in ways that grow
local economies and create opportunities for financial success in
all corners of our markets. We take those beliefs very seriously,
creating an approach to banking that focuses on people and lets us
build deep personal relationships. It’s heartening to see it
recognized and witness its success throughout the Southeast.”
Pinnacle’s commitment to those ideals is well documented in the
firm’s Corporate Social Responsibility Report, where the firm
quantifies its service to all stakeholders: associates, clients,
shareholders, communities and the industry as a whole. With a high
level of associate engagement, the firm is able to care for its
associates, delight clients and drive improvements in its home
markets, including the following highlights from 2022 and now.
- $1.7 billion committed to investments, lending and grants for
low- to moderate-income housing, small business and minority-owned
institutions in 2022
- Nearly 31,000 associate volunteer hours in 2022
- 93.4% associate retention rate in 2022
- Intentional increase in mental health resources for associates
at a time when mental health issues were increasing
significantly
- Continued cultivation of partnerships with community
organizations to further DEI and community lending efforts
The PEOPLE Companies That Care list is based on more than 1.3
million employee survey responses and data from companies
representing the experience of more than 7.5 million employees. Of
those surveys, 1.1 million came from employees at companies
eligible for this year’s list, and these rankings are based on that
feedback. In that survey, 98 percent of the Pinnacle associates
said their firm is a great place to work.
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 bank in the Nashville-Murfreesboro-Franklin
MSA, according to 2022 deposit data from the FDIC, is listed by
Forbes as No. 27 among America’s Best Banks, higher than any other
bank headquartered in Tennessee, North Carolina, South Carolina or
Georgia. Pinnacle also earned a spot on the 2023 list of 100 Best
Companies to Work For® in the U.S., its seventh consecutive
appearance and was recognized by American Banker as one of
America’s Best Banks to Work For 10 years in a row and No. 1 among
banks with more than $11 billion in assets in 2022.
Pinnacle owns a 49 percent interest in BHG Financial, which
provides innovative, hassle-free financial solutions to healthcare
practitioners and other professionals. Great Place to Work and
FORTUNE have listed BHG as a best workplace in multiple categories
since 2016.
The firm began operations in a single location in downtown
Nashville, TN, in October 2000 and has since grown to approximately
$46.9 billion in assets as of June 30, 2023. 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.
About the PEOPLE Companies that Care®
Great Place To Work selected the 2023 PEOPLE Companies That Care
List by gathering and analyzing over 1.3 million confidential
survey responses from companies representing more than 7.5 million
U.S. employees at Great Place To Work Certified™ organizations. Of
those, 1.1 million responses came from employees at companies
eligible for the list and these rankings are based on that
feedback. Company rankings are derived from 60 employee experience
questions within the Great Place To Work Trust Index™ Survey. Read
the full methodology.
About Great Place to Work®
As the global authority on workplace culture, Great Place To
Work brings 30 years of groundbreaking research and data to help
every place become a great place to work for all. Its proprietary
platform and For All™ Model help companies evaluate the experience
of every employee, with exemplary workplaces becoming Great Place
To Work Certified™ or receiving recognition on a coveted Best
Workplaces™ List. Follow Great Place To Work on LinkedIn, Twitter,
Facebook and Instagram or visit greatplacetowork.com and sign up
for the newsletter to learn more.
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Joe Bass (615) 743-8219 joe.bass@pnfp.com
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