A provider of banking and insurance services in the Southeast, Pinnacle Financial Partners has leaned into its reputation of being a caring regional bank by assuring its staff they would be paid in full through the pandemic even if they weren’t working owing to quarantine or childcare issues. Through October, Pinnacle paid out $485,000 to employees as part of that promise. The company also extended its client rules to its own workers: In addition to granting some loan payment deferrals to clients at the outset of the pandemic, Pinnacle made the same offer to its own associates, resulting in $4.4 billion in total deferrals.
Courtesy of Pinnacle Financial
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