Partners with Our Communities

2015 ANNUAL REPORT

Make a significant impact on the community.

We contribute financially and encourage volunteerism for many worthwhile causes to fulfill that key component of our mission.

Our associates feel more engaged in the community—and our firm—when we give back together. We are proud of our track record of financial support. We give in four priority categories: education; health and human services; arts; and economic development, with preference given to organizations where our associates are actively involved.

We look for contribution opportunities that allow for greater associate involvement, which broadens the personal participation and ownership our associates feel for the community. Our associates donated their time to hundreds of not-for-profits in 2015, serving on boards and committees, mentoring and reading to students and training others on financial literacy. Others have supported causes they’re passionate about by providing food and toys to disadvantaged Tennesseans over the holidays, participating in fundraising races like the Pinnacle 5K and donating supplies to the local humane association.

We designated April 21, 2015 as Pinnacle’s Make a Difference Day, where all of our offices were encouraged to take time to help clients, the community and each other. Each office took it upon themselves to identify and execute a project that would be meaningful to them and their area. On April 21, 2016, we’ll do it again.

Our West End office donated backpacks filled with supplies to the Oasis Center during Make a Difference Day.

The full list of volunteer projects is too numerous to list here, so we update our Facebook page regularly with photos of community involvement, associate awards and partner events throughout the year. In recognition of our efforts, the Nashville Business Journal named us a winner of its 2015 Corporate Giving Awards.

Affordable Housing: Pinnacle’s Top Community Priority
The centerpiece of Pinnacle’s community involvement is helping provide affordable housing in our communities. Highlights of Pinnacle’s long-term involvement with the Federal Home Loan Bank of Cincinnati (FHLB) include helping secure nearly $12.1 million in grants since 2003, which we used to:

  • Provide financing and grant money for 426 new affordable single-family units, 76 new affordable rental units and 134 rehabilitated rental units in total since 2003.
  • Provide down payment assistance for 288 affordable single-family homes.
  • Help more than 79 families remain in their homes using grant funding and counseling services; also assisted 43 additional families with funding from the Tennessee Housing Development Agency.

Pinnacle also has a long-standing relationship with Habitat for Humanity. Our current involvement consists of servicing 759 Habitat for Humanity loans with a total value of more than $28.8 million at no cost to Habitat or the home owner.

Striving to ensure affordable housing in our markets is a cornerstone of our community involvement.

M. Terry Turner, President and CEO introduces the 2015 Online Annual Report