Switch to Piedmont Federal today!

Start enjoying a level of personalized service that just can’t be found at other financial institutions. Piedmont Federal offers competitive checking and savings products to fit your individual needs.

Experience low fees on interest-bearing accounts and breathe easier, knowing your funds are safe, secure and backed by the FDIC. Enjoy peace of mind during your transition with an Overdraft Line of Credit interest free for 3 months!* Call us to speak with a live, local employee, who can answer your questions and who has your best interests at heart.

Follow these simple steps to make your transition with ease:

1. Open a new Piedmont Federal Account.

To learn about your account options explore our banking products:
Checking accounts | Savings & Money Market accounts

Once you’ve decided which account best meets your needs, visit the most convenient Piedmont Federal branch and we will open your account right away. Just bring the following:

  • U. S. Social Security Number
  • Valid form of North Carolina ID (driver’s license, state ID, military ID or passport)
  • Current address
  • Funds for your new account

2. Switch your direct deposit(s) to your new PFSB account.

Notify your employer and/or other sources that deposit funds into your old account that you are switching your checking account to Piedmont Federal. To set up direct deposit you will need:

  • Your new Piedmont Federal account and routing number (we will provide you this information at account opening)
  • Your old account number and bank routing number
  • Your employer or institution’s address and phone number
  • A voided check from your new Piedmont Federal account
  • Direct Deposit Transfer Form (PDF)

For Direct Deposit from a Federal Agency (such as Social Security), please visit any branch to help you with the switch.

Never used Direct Deposit? Learn about signing up for it: Direct Deposit Enrollment »

3. Redirect your automatic payments and drafts to your new PFSB account.

Transfer your automatic payments, such as recurring loan drafts, cable & internet service providers, utilities, membership fees, etc. from your former bank account to your new Piedmont Federal account. The following items will be needed:

  • A copy of your latest billing statement with your billing information
  • Your new Piedmont Federal account and routing number
  • A voided check from your new Piedmont Federal account
  • Former bank account information (for canceled payments)
  • Automatic Payment Transfer Form (PDF)

You can also use the links in the sidebar for switching commonly drafted accounts.

4. Keep track of your switch to Piedmont Federal.

Use our simple Switch to Piedmont Federal Organizer (PDF) to track the information you need to switch automatic payments and deposits to your new Piedmont Federal Savings Bank account.

5. Close your old account(s).

Ensure that all checks, automatic deposits, withdrawals and payments have cleared before you close your account. Download and complete the Account Closing Form (PDF). Be sure to have the following handy:

  • Your former bank account and routing/transit number
  • Your former bank’s address and phone number

*Subject to credit underwriting and approval.




For your convenience, the forms for download on this page have been created so you may input all required information prior to printing them.

View and print PDF documents with the free Adobe Reader.