Raleigh-Durham-Chapel Hill
Economic Indicators
31.7%
5-year
GDP growth1
GDP growth1
8.9%
5-year population
growth1
growth1
2.9%
Unemployment as of
Dec. 31, 20231
Dec. 31, 20231
56.8%
of North Carolina moves are inbound migration
No. 9 highest inbound rate in the nation2
No. 4
Market for Total CRE Property Returns3
No. 3
Most Attractive Market for CRE Investment3
- 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
- Source: U.S. Investor Intentions Survey, CBRE Research, Jan. 2024
Keep being the bank that doesn't act like a bank. Keep acting in good faith & believing in your clients. Keep providing true professionals to handle the entire process & keep acting like you care because it absolutely seems that you do care.Raleigh client
Pinnacle Growth
7
Revenue Producers
Hired
Hired
2.9%
Loan Growth to $1.7 Billion
11.1%
Deposit Growth to $1.1 Billion
No. 10
Deposit Market Share Rank*
Durham-Chapel Hill Out of 20 Banks
No. 13
Deposit Market Share Rank*
Raleigh-Cary Out of 36 Banks
*As of June 30, 2023, according to FDIC data.