OUR HISTORY

1903-1921

Our Beginnings

Piedmont Federal Savings Bank got its start in 1903, when a small group of businessmen had the desire to help individuals and families achieve the dream of home ownership and build financial assets. It was the vision and effort 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.

1903-1921 History photo of J.F. Griffith, N.L. Cranford, First board meeting notes, 452 North Liberty Street building

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