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Business Briefs: McDonald’s to add clothing line sales

FILE - This Oct. 21, 2011 file photo shows the golden arches of McDonalds, in Omaha, Neb., McDonald's has ended its Olympic sponsorship deal three years early. The International Olympic Committee says confidential financial terms of the immediate separation were agreed to.(AP Photo/Nati Harnik)
FILE - This Oct. 21, 2011 file photo shows the golden arches of McDonalds, in Omaha, Neb., McDonald's has ended its Olympic sponsorship deal three years early. The International Olympic Committee says confidential financial terms of the immediate separation were agreed to.(AP Photo/Nati Harnik) FILE - This Oct. 21, 2011 file photo shows the golden arches of McDonalds, in Omaha, Neb., McDonald's has ended its Olympic sponsorship deal three years early. The International Olympic Committee says confidential financial terms of the immediate separation were agreed to.(AP Photo/Nati Harnik)

By Staff Report 4 min read

Pinnacle opens branch on Shallowford Road

Pinnacle Bank opened its second office in Chattanooga Thursday – a new branch in East Brainerd at 6180 Shallowford Road.

The office is the first for Pinnacle outside of downtown and is part of the strategy by Pinnacle, already Chattanooga’s fourth biggest bank, to continue to grow market share. Nashville-based Pinnacle Financial Corp. is the second biggest banking firm in Tennessee and it entered the Chattanooga market two years ago by buying the former CapitalMark Bank.

“The East Brainerd community is where we live and work, and we are proud to call it home,” said Larry Vinyard, Pinnacle’s Shallowford Road office leader. “It has a strong corporate presence with companies like Amazon and Volkswagen nearby, a booming local business district and thriving neighborhoods.”

To mark the opening, Pinnacle leaders presented a check for $3,000 to STEP UP Chattanooga, a program that pairs high school students from Hamilton County Public Schools with local businesses for summer internships. This investment will sponsor two student interns for next summer.