For over 100 years, our goal has been a simple one: to help people become homeowners and save for life’s needs.
Piedmont Federal Savings Bank focuses on offering sound financial solutions that truly fit people’s lives. We believe in getting to know customers by name, and providing a level of personalized service that just can’t be found at other financial institutions. In addition to our commitment to customer service, we have a wide range of financial products for just about any need, whether it’s a home loan, or a savings plan for college, retirement or medical expenses. Rates on all Piedmont Federal products are extremely competitive, and all our savings programs are safe, secure and backed by the FDIC.
Our Mission, Vision and Values
Piedmont Federal Savings Bank is a well-capitalized, mutual institution that:
Piedmont Federal Savings Bank seeks to become the housing lender of choice and increase its deposit market share within the communities we serve by offering exceptional products and services.
We will achieve our Mission and Vision with:
Piedmont Federal Savings Bank got its start in 1903, when a small group of businessmen saw a need for a reliable source for home financing in Winston-Salem and created what would become one of Northwestern North Carolina's most enduring financial institutions.
It was the dream, the effort, and the desire of this group of founders to provide a safe and stable savings plan and an economical way for the average family to buy or build a home and pay for it in monthly installments. They determined that the “Building and Loan” structure was the vehicle to accomplish this task, and formed the Piedmont Building & Loan Association.
In 1921, the bank change its name to Piedmont Mutual Building & Loan Association, and again in 1935 to Piedmont Federal Savings & Loan Association. In 2008, we became Piedmont Federal Savings Bank to better reflect the products and services we offer.
Our Management Team
Archie G. Allen, Jr. — Chairman of the Board
Interested parties may submit resumes for employment consideration to:
Piedmont Federal Savings Bank is an Equal Employment Opportunity/Affirmative Action employer.