Pinnacle Announces Intent to Convert to State Banking Charter

Pinnacle National Bank, a subsidiary of Pinnacle Financial Partners, Inc. PNFP, has filed an application to convert from a national bank to a Tennessee state bank. As a national bank, Pinnacle's primary regulator is the Office of the Comptroller of the Currency (OCC) in Washington, D.C. As a Tennessee state bank, Pinnacle's regulators would be the Tennessee Department of Financial Institutions (TDFI) in Nashville and the Federal Deposit Insurance Corp. (FDIC).
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