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FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Piedmont Federal Bank is a mutual savings bank that is FDIC-insured and focused on relationship-driven banking for personal and business clients. As a mutual bank, it’s owned by depositors, not shareholders.
Yes — deposits are FDIC-insured and backed by the full faith and credit of the U.S. Government.
Piedmont Federal Bank has multiple branch locations including Winston-Salem, Clemmons, High Point, Kernersville, Boone, Wake Forest, and N. Wilkesboro.
Typical lobby hours are Monday–Friday 9:00am–5:00pm and drive-thru 8:30am–5:00pm, though hours may vary by branch. Visit our locations page for more information.
Contact client service Monday–Friday 8:30am–5pm by phone, or visit a branch. Lost or stolen cards have dedicated contact numbers.
Piedmont Federal Bank offers checking accounts including standard checking and student/youth options. Accounts may have minimum balance requirements and optional perks like debit card rewards.
Savings & money market options include standard savings, youth savings, Health Savings Accounts (HSA), and Coverdell Education Savings Accounts (CESA).
Yes — many accounts have minimum opening balances and may have monthly fees unless balance/activity requirements are met. See specific account disclosures for details.
Yes — you can open a new personal account and enroll in online banking through the site.
Services include business checking and savings, merchant services, bill pay, online/mobile banking, ACH & wire transfers, treasury services and fraud protection. Learn more about business services.
Yes — small business loans include lines of credit, term loans, vehicle loans, real estate financing and overdraft lines of protection.
The bank offers mortgages (fixed and adjustable), home equity loans, construction loans, and personal loans. Learn more about our loan options.
Piedmont Federal provides online banking, a mobile app, telebanking, mobile deposit, and account alerts. Learn more about our banking services.
Enrollment is available via the “Online Banking Enrollment” link on the bank’s site.
Report lost or stolen cards immediately via the dedicated contact numbers listed on the site.
Yes — overdraft protection is available and can be linked from another account.
The bank partners with Banzai Financial for calculators, educational articles, and lessons.
Yes — we offer scholarship opportunities in the communities we serve.
Payment terms, privacy policy, and other disclosures are available on the website according to each service.