First Bank and Trust Company announces pinnacle office opening

Investment

First Bank and Trust Company, a diversified financial services firm with assets of $2.5 billion, today announced the opening of its newest full-service office located at the Pinnacle in Bristol, Tennessee.

The Pinnacle office will serve as the regional headquarters for First Bank and Trust Company’s Tennessee locations. William Houston “Hugh” Ferguson, III, Senior Vice President and Regional Manager of the Tri-Cities, will oversee the region’s six offices and one loan production office from the Pinnacle location.



“We are excited about the opening of our Pinnacle office. First Bank and Trust is committed to the Tri-Cities and East Tennessee markets and this office will be pivotal in supporting current and future growth in Tennessee,” stated William Houston “Hugh” Ferguson, III.

Additionally, the Bank’s Mortgage Division, which experienced an 89.5% increase in year-over-year production in 2020, will be centralized at the Pinnacle office.

“Our staff has worked tirelessly over the past year to assist customers in saving money on their new and existing mortgages by taking advantage of the current low interest rate environment,” stated Andy Puckett, Senior Vice President of First Bank and Trust Company’s Mortgage Division. “The mortgage loans we originate are serviced locally, and services are provided for the life of the loan. The new Pinnacle office provides us with the space to continue facilitating this service at the highest level.”

David Crockett, Jr. joins First Bank and Trust Company at the Pinnacle location and will serve as Senior Vice President and Bristol City Executive.

Crockett brings over 20 years of financial service industry experience with him. Before joining First Bank and Trust Company, Crockett managed commercial and corporate banking relationships as Senior Vice President & Market Executive with Regions Bank.

David grew up in the Tri-Cities then attend the University of Virginia, where he earned his Bachelor’s Degree in Economics. He later graduated Cum Laude from the University of Notre Dame with his Master’s in Business Administration.

“It’s an exciting time in Northeast Tennessee and Southwest Virginia. I look forward to showcasing First Bank & Trust‘s products and capabilities,” Crockett adds. “Having grown up in this area, I know the local need to have a valued banking partner and a bank that has shown over time it has the solutions and capacity for current needs across all lines of business.”

SOURCE: PRNewswire