Piedmont Federal Savings Bank is a bank based in Winston Salem, North Carolina, established in 1903, with $1.3 billion in total assets across 10 branches. By Trust Grade it ranks 26th of 38 banks we track in North Carolina. Its capital ratio of 18.3% is stronger than 97% of similarly sized banks, versus a North Carolina median of 11.6%. It was profitable over the most recent period, with a 0.16% return on assets. No consumer complaints against Piedmont Federal Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Piedmont Federal Savings Bank compares to North Carolina peers
How we graded Piedmont Federal Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (18.3% capital ratio)
- Profitable (ROA 0.16%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Piedmont Federal Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 505 Pineview Dr, Kernersville, NC 27284
- 5189 Northern Quarters Dr, Winston Salem, NC 27105
- 1040 Southpark Blvd, Winston Salem, NC 27127
- 2095 N Peace Haven Rd, Winston Salem, NC 27106
- 1399 Blowing Rock Rd, Boone, NC 28607
- 200 Wilkesboro Ave, North Wilkesboro, NC 28659
- 3701 Clemmons Rd, Clemmons, NC 27012
- 201 S Stratford Rd, Winston Salem, NC 27103
- 302 Brooks St, Wake Forest, NC 27587
- 3870 John Gordon Ln, High Point, NC 27265
Are deposits at Piedmont Federal Savings Bank insured?
Yes. Piedmont Federal Savings Bank is an FDIC-insured bank (FDIC certificate #27619). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Piedmont Federal Savings Bank: frequently asked questions
Is Piedmont Federal Savings Bank a good bank?
Piedmont Federal Savings Bank earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Strongly capitalized (18.3% capital ratio); Profitable (ROA 0.16%).
Is Piedmont Federal Savings Bank FDIC-insured?
Yes. Piedmont Federal Savings Bank is a FDIC-insured bank (FDIC certificate #27619). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Piedmont Federal Savings Bank?
Piedmont Federal Savings Bank holds $1.3 billion in total assets, ranking 26th of 38 banks we track in North Carolina. It operates 10 branches.
Does Piedmont Federal Savings Bank have CFPB complaints?
No CFPB complaints against Piedmont Federal Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
