Pinnacle Bank has received regulatory approval for the acquisition of Crockett National Bank. On December 1, 2022, Crockett National Bank will change its name to Pinnacle Bank. Its San Antonio, San Angelo, College Station, New Braunfels and Ozona branches will become part of the bank’s Texas charter.
“We’re proud to expand in Texas by welcoming Crockett National Bank and their experienced staff to our banking family,” said Sid Dinsdale, Chairman of Pinnacle Bancorp.
As part of Pinnacle Bank, customers will have access to expanded resources and a multi-state ATM network. All locations will continue operation, retaining their current staff. Branches will be managed locally under Pinnacle Bank’s community bank model of local decision-making.
CEO of Crockett National Bank, Todd Huckabee, said, “We’re happy to continue serving our local area under the Pinnacle Bancorp umbrella. While our name is changing, our care for our customers and community is not. Our customers and community will receive the same level of support and personal attention they’ve come to expect from us.”
The addition of Crockett National Bank will add 5 branches and 2 loan production offices to Pinnacle Bank’s existing 22 branch network in Texas. Huckabee will continue to oversee the former Crockett National bank locations in his new role as Regional President.
Financial details of the transaction were not disclosed.
About Pinnacle Bancorp:
Founded in 1938, Pinnacle Bancorp is a family-owned $17.7 billion financial holding company operating 161 community banks in eight states, including 27 branches in Texas with the acquisition of Crockett National Bank. For more information, visit pinnbanktx.com.