Sonata Named Fastest Growing Bank

Sonata Bank Named Nashville Leader in Commercial and Industrial Loans

Nashville, TN – February 13, 2025 – Brentwood-based Sonata Bank is Nashville’s fastest-growing bank, showcasing an impressive 123.9% in commercial and industrial loans (C&I) increase from 2023 to 2024. This accolade not only reflects Sonata Bank's commitment to supporting local businesses, but also highlights the bank's strategic growth in the commercial sector.

Sonata Bank’s co-founder and President Wendell Bontrager commented on this achievement, stating, "Our significant growth in commercial and industrial lending in 2024 is a testament to our deep understanding of the local business landscape and our proactive approach in tailoring financial solutions that meet the evolving needs of our clients. By fostering strong relationships and providing innovative financing options, we've managed to not only meet but exceed the expectations of Nashville's growing business community."

Sonata Bank's achievement, originally reported in the Nashville Business Journal's January 20^th, 2025 publication of The List: Banks, secured their top spot according to data from the FDIC, who defines C&I as secured or unsecured credits for business purposes, including working capital and term loans. To qualify, lenders must have a commercial and industrial loan portfolio as of September 30, 2024, and be headquartered in Nashville, which covers Cheatham, Davidson, Dickson, Montgomery, Robertson, Rutherford, Sumner, Williamson, and Wilson counties. Rankings are based on year-over-year growth in lending, with ties resolved alphabetically.

Sonata Bank's strategy included enhancing client engagement through personalized service and leveraging technology to streamline loan processing, thereby attracting a broader base of commercial clients seeking efficiency and reliability in their banking partners.

For more information about Sonata Bank's services or to learn how we can support your business growth, please visit SonataBank.com.

About Sonata Bank: Sonata is a digital-first financial services company led by experienced banking industry leaders. As both an FDIC-chartered bank and technology focused financial services company, Sonata provides a full suite of banking products and services to two distinct customer segments –business and personal banking customers in the Middle Tennessee and Western Kentucky markets, as well as to quick-service restaurant (QSR) franchisees and their employees across the United States.

Contact:
Denise Dorman, Publicist
630.215.5623
denise@writebrainmedia.com

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