Chattanooga

Economic Indicators

31.2%

5-year
GDP growth¹

2.4%

5-year population
growth¹

2.9%

Unemployment as of
Dec. 31, 2023¹

55.3%

of Tennessee moves are inbound migration²

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

Relationships make a big difference when dealing with most things, especially money. The Pinnacle Team is awesome to work with! Chattanooga client

Revenue Producers
Hired

15.3%

Loan Growth to $2.1 Billion

21.0%

Deposit Growth to $2.5 Billion

No. 3

Deposit Market Share Out of 29 Banks*

Up from No. 4 in 2022

*As of June 30, 2023, according to FDIC data.