Greenville-Spartanburg
Economic Indicators
Greenville
23.7%
5-year
GDP growth1
GDP growth1
5.6%
5-year population
growth1
growth1
2.8%
Unemployment as of
Dec. 31, 20231
Dec. 31, 20231
Spartanburg
24.6%
5-year
GDP growth1
GDP growth1
10.0%
5-year population
growth1
growth1
3.0%
Unemployment as of
Dec. 31, 20231
Dec. 31, 20231
58.7%
of South Carolina moves are inbound migration
No. 3 highest inbound rate in the nation2
- Source: U.S. Bureau of Economic Analysis, retrieved from FRED, Federal Reserve Bank of St. Louis; 5-year growth rates from 2018-2022
- Source: U.S. Census
I always feel like I'm being taken care of. I switched from another institution and the difference is amazing. I would highly recommend Pinnacle Bank to anyone!Greenville-Spartanburg client
Pinnacle Growth
6
Revenue Producers
Hired
Hired
2.9%
Loan Growth to $572.4 Million
5.6%
Deposit Growth to $490.9 Million
No. 14
Deposit Market Share Rank
Greenville Out of 39 Banks
No. 12
Deposit Market Share Rank
Spartanburg Out of 20 Banks*
Spartanburg Up from No. 13 in 2022
*As of June 30, 2023, according to FDIC data.