Former Truist Regional President Scott Keith
leads the team from Jacksonville
Pinnacle Financial Partners has entered the North Florida region
with the addition of five veteran financial services professionals
to build the firm’s presence from their homebase in Jacksonville.
Scott Keith will serve as Pinnacle’s regional president for
North Florida, with Debbie Buckland and Bryan Taylor
by his side as area managers. Financial Advisor Vaughn
Winmond and Credit Analyst Fatima Bowen round out the
initial team, which is expected to grow rapidly as more associates
come on board to offer a full suite of financial services for
business and personal needs.
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“This is a dream team of financial professionals with deep local
roots who will build Pinnacle as a new bank offering something
brand new to the market,” said M. Terry Turner, Pinnacle’s
president, CEO and co-founder. “Our model of an unbeatable
workplace culture and unmatched client service has proven
successful across the Southeast. That’s the kind of bank
Jacksonville and North Florida deserve. The area is very similar in
makeup and growth to many of the other communities we serve, and
it’s dominated by the same megabanks who are vulnerable to a
challenger brand like ours. It’s a perfect recipe for doing what we
do best.”
Keith comes to Pinnacle with more than 34 years of local
experience in financial services. He was most recently the regional
president of North Florida for Truist, where he helped build a
leadership team in the wake of the SunTrust-BB&T merger and led
1,100 associates serving more than 100,000 clients. He is a board
member and treasurer for the North Florida Land Trust and a past
chair and trustee of Gator Bowl Sports and JAXUSA Partnership. He
retired from banking in 2021 but decided to re-enter the workforce
for the opportunity to build a new bank in his hometown.
“This feels like the culmination of my career to this point,”
Keith said. “Jacksonville is where I started and where I fell in
love with local banking. We need a financial institution focused
exclusively on service and advice and with a commitment to doing so
consistently. That’s what Pinnacle is famous for throughout the
Southeast. To be one of the teammates who can bring that to North
Florida, with an entrepreneurial spirit at a founder-led firm, is a
once-in-a-lifetime opportunity.”
Buckland and Taylor were both part of Keith’s
leadership team at Truist, and the three are now working together
to build Pinnacle in the region.
Buckland has a 27-year banking history in Jacksonville
and joins Pinnacle as a leader for commercial banking. She retired
from Truist as market president but has continued serving the
community in that time. She is currently the chair of the
Jacksonville Transportation Authority, a board member of Baptist
Beaches, trustee of WJCT Public Media and past chair of the JAX
Chamber.
Taylor spent 21 years with BB&T/Truist, serving in
various roles in Kentucky, Atlanta and then Jacksonville. For the
last four years, he’s led North Florida teams that serve middle
market, government and not-for-profit, and commercial real estate
clients and joins Pinnacle to lead middle market and government and
not-for-profit in the region. He serves on the boards for
Jacksonville Speech and Hearing, Leadership Jacksonville and The
Players Council.
“The chance to once again work with highly respected
professionals like Scott and Debbie is exciting by itself,” Taylor
said. “Coupled with Pinnacle’s intense focus on the client and
associate experience, it’s a dream scenario.”
Together, they are recruiting a team of experience financial
professionals to join them. This includes bankers, treasury
consultants, wealth advisors, mortgage brokers and support staff so
they can deploy the full suite of Pinnacle solutions to meet the
needs of businesses and individuals in North Florida.
“We’ve already heard excitement around the community about
Pinnacle and the chance to build a new bank for our region,”
Buckland said. “Pinnacle’s reputation as a great place to work and
do business preceded our entry into North Florida. Everyone’s heard
stories of what it’s like to work here and seen the awards for our
workplace culture, and our phones are ringing with people who want
to join the team.”
Winmond is Pinnacle’s first financial advisor in North
Florida, serving middle market and commercial clients with lending,
deposits, cash management and more. He comes with 15 years of
experience, 10 of those at SunTrust/Truist, where he most recently
served as a commercial relationship manager.
Bowen joins as a credit analyst, working side-by-side
with Winmond and the rest of the team to bring Pinnacle’s credit
culture to bear in service of clients’ needs. She also has 15 years
of financial services experience, much of it at Truist where she
most recently served as a commercial lending portfolio manager.
The team are working to secure space near downtown Jacksonville
for both a full-service retail office and banker, support and
administrative offices. Both would open later in 2024.
Pinnacle has a proven track record as a powerful recruiter of
top banking talent, which has powered its organic growth and de
novo expansions throughout its history. The firm’s work environment
and internal culture have earned dozens of national, regional and
local awards, including these 2023 honors:
- No. 4 Best Bank to Work For – American Banker
- No. 24 Best Company to Work For – FORTUNE and Great Place to
Work®
- No. 6 Best Workplace for Women – FORTUNE and Great Place to
Work
- No. 7 Best Workplace in Financial Services and Insurance –
FORTUNE and Great Place to Work
- No. 14 Companies That Care – PEOPLE
- No. 28 Best Workplace for Parents – FORTUNE and Great Place to
Work, 2023
This is the latest market expansion for Pinnacle after very
successful de novo starts in Atlanta, GA (2020); Washington, D.C.
and the National Capital Region (2021); and Huntsville and
Birmingham, AL (2021). Since entering those markets, the firm has
amassed more than $2.2 billion in deposits and $2.5 billion in
loans in those combined MSAs, as of Dec. 31, 2023.
- Atlanta: $642.6 million in deposits, $1.4 billion in loans
- Washington, D.C. and the National Capital Region: $914.5
million in deposits, $388.4 million in loans
- Birmingham: $299.2 million in deposits, $628.2 million in
loans
- Huntsville: $319.0 million in deposits, $69.5 in loans
“We expect similar success here as we continue to seize a
once-in-a-generation opportunity to build a new kind of regional
community bank throughout the Southeast,” Turner said. “The chance
to bring one of America’s best banks to the nation’s second fastest
growing state is almost unprecedented. The North Florida region is
incredibly deposit-rich, with nearly $100 billion available
according to the latest FDIC data. We intend to repeat our
successful model of hiring the best bankers, bringing over their
clients and taking significant market share from the much bigger
institutions that can’t match our level of personalized service.
We’re here to win.”
Pinnacle Financial Partners provides a full range of banking,
investment, trust, mortgage and insurance products and services
designed for businesses and their owners and individuals interested
in a comprehensive relationship with their financial institution.
The firm is the No. 1 and fastest growing bank in the
Nashville-Murfreesboro-Franklin MSA, according to 2023 deposit data
from the FDIC, is listed by Forbes as No. 27 among America’s Best
Banks, higher than any other bank headquartered in Tennessee, North
Carolina, South Carolina or Georgia. Pinnacle also earned a spot on
the 2023 list of 100 Best Companies to Work For® in the U.S., its
seventh consecutive appearance and was recognized by American
Banker as one of America’s Best Banks to Work For 11 years in a row
and No. 1 among banks with more than $10 billion in assets in
2023.
Pinnacle began operations in a single location in downtown
Nashville, TN, in October 2000 and has since grown to approximately
$47.5 billion in assets as of Sept. 30, 2023. As the second-largest
bank holding company headquartered in Tennessee, the firm operates
in 17 primarily urban markets across the Southeast.
Additional information concerning Pinnacle, which is included in
the Nasdaq Financial-100 Index, can be accessed at
www.pnfp.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240117734557/en/
Joe Bass (615) 743-8219 joe.bass@pnfp.com
Faith Seifuddin (615) 743-8437 faith.seifuddin@pnfp.com
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