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CapitalMark Bank now Pinnacle Financial

Posted at 7:35 pm March 14, 2016
By Oak Ridge Today Staff Leave a Comment

Pinnacle-CapitalMark-Sign-Unveiling-March-14-2016

CapitalMark Bank and Trust changed its name and identity to Pinnacle Financial Partners on Monday, March 14, 2016, in a sign unveiling event at its Oak Ridge office in Jackson Square. (Submitted photo)

 

CapitalMark Bank and Trust changed its name and identity to Pinnacle Financial Partners on Monday in a sign unveiling event at its Oak Ridge office in Jackson Square.

CapitalMark was merged with Pinnacle on July 31, 2015, giving the firm a presence in three additional East Tennessee counties. CapitalMark had continued to operate under its brand until the systems and operations of the companies were totally integrated with Pinnacle.

Clients from both firms will enjoy more benefits as a result of the integration, including the convenience of accessing 43 offices in Tennessee’s four urban markets—Nashville, Knoxville, Memphis, and Chattanooga, a press release said.

For the past month, Pinnacle has communicated extensively with clients to explain the changes they will see in procedures, materials, and the website, www.pnfp.com, the release said. [Read more…]

Filed Under: Business, Front Page News, Oak Ridge, Top Stories Tagged With: CapitalMark Bank and Trust, David Bradshaw, Jackson Square, M. Terry Turner, Oak Ridge, Pinnacle Financial Partners

Pinnacle Financial Partners to acquire CapitalMark Bank and Trust

Posted at 10:50 pm April 7, 2015
By Oak Ridge Today Staff Leave a Comment

CapitalMark Bank and Trust Oct. 9, 2012

The front of CapitalMark Bank and Trust in Oak Ridge is pictured above on Oct. 9, 2012. (File photo)

 

David Bradshaw will continue to serve as Oak Ridge president

Pinnacle Financial Partners Inc., the second-largest bank based in Tennessee, on Tuesday announced an agreement to acquire CapitalMark Bank and Trust, which has a location in Oak Ridge. The merger is expected to close late in the third quarter or early in the fourth quarter of 2015.

David Bradshaw, CapitalMark’s Oak Ridge president, will become Pinnacle’s city president for Oak Ridge. CapitalMark clients will continue to work with their banker teams, which in Oak Ridge includes Bradshaw and Andy Boyer.

“CapitalMark is excited to partner with an organization that shares our commitment to excellent client service and has demonstrated strong operating performance and a long-term track record of growth,” said R. Craig Holley, CapitalMark’s chairman, president, and chief executive officer. “I strongly believe that, collectively, the two franchises can accomplish more, grow more efficiently, and realize more value for our shareholders together than independently. Since CapitalMark’s founding in 2007, we have focused on businesses and their owners, and we will continue that tradition with Pinnacle.” [Read more…]

Filed Under: Business, Front Page News, Oak Ridge, Top Stories Tagged With: CapitalMark, CapitalMark Bank and Trust, Charles E. Brock, David Bradshaw, Kenneth C. Dyer III, Knoxville, Launch Tennessee, M. Terry Turner, Oak Ridge, Pinnacle, Pinnacle Financial Partners, R. Craig Holley, R. Ryan Murphy III, Robert A. McCabe Jr.

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