Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  PINNACLE    PBNK

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

PINNACLE : New owner to cut 1 BNC Bank branch Pinnacle Bank absorbs BNC Bank in Roanoke area

share with twitter share with LinkedIn share with facebook
share via e-mail
09/14/2017 | 09:24am CET

Pinnacle Bank is due in town late this month with new black signs, debit cards and Nashville, Tennessee, leadership as it absorbs BNC Bank, effective Sept. 25.

Pinnacle has assured BNC customers that many account details won't change, such as most account numbers. BNC customers can use their existing supply of checks. Statement cycles and office hours also will stay the same and automatic debits tied to accounts will continue uninterrupted, Pinnacle said in a 17-page mailing to customers.

New debit cards will be issued, but customers will use the same mobile banking app and online banking platform. Pinnacle uses the web address mypinnacle.com.

But Pinnacle has acknowledged that BNC has more branches in the Roanoke area than the new owners will need.

Pinnacle plans to close the BNC branch at 3850 Keagy Road in Roanoke on Dec. 15, Pinnacle spokesman Joe Bass said. That will leave three branches in the city, four in Roanoke County and one in Salem, according to the FDIC.

Pinnacle bought BNC Bank and the Bank of North Carolina, based in High Point, North Carolina, this summer in a $1.9 billion deal. That impacted the Roanoke banking market because BNC had two years earlier bought Valley Bank, a longstanding area institution.

BNC absorbed Valley Bank later that year and reflagged Valley Bank locations with its red sign bearing a cardinal. Those signs will be recycled, Pinnacle said.

© Copyright (c) 2017 The Roanoke Times, source Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on PINNACLE
2017 PINNACLE BANK : passing along benefits due to passage of tax bll
2017 AREA DIGESTS : Bank employees get bonuses
2017 More dispatches from 'fantasy world'
2017 PINNACLE : Marchel talks Christmas and more at Pinnacle 50
2017 PINNACLE : Worland Garden Club Works on Festival of Trees Entry
2017 PINNACLE : 32nd annual Festival of Trees Friday benefits many organizations
2017 PINNACLE : Optimists sponsor annual Angel Tree
2017 PINNACLE : Spreadsheet errors botch bank mailing Postcard mix-up caused by chain..
2017 PINNACLE : Spreadsheet errors botch bank mailing
2017 PINNACLE : Starrett promoted to senior position
More news
News from SeekingAlpha
2017 Pinnacle Bank reports Q3 results
2017 Pinnacle Bank reports Q2 results
2017 Pinnacle Bank reports Q1 results
2017 Pinnacle Bank reports FY16 results
2016 Pinnacle Bank reports Q3 results
Duration : Period :
PINNACLE Technical Analysis Chart | PBNK | US72346K1079 | 4-Traders