Josh Hanes named senior commercial banker for Piedmont Federal Bank
WINSTON-SALEM, N.C. (February xx, 2026) – Josh Hanes, who has more than 20 years of experience in the financial services industry, has been named a senior commercial banker at Piedmont Federal Bank.
Hanes will work out of Piedmont Federal Bank’s main office on Stratford Road in Winston-Salem.
“I’m honored to have the opportunity to work at Piedmont Federal Bank and continue the strong tradition of excellent customer service and community support,” said Hanes.
In his new position with Piedmont Federal Bank, Hanes will be responsible for the development of new client relationships and maintaining existing client relationships by calling on businesses, professional groups to develop new loan and deposit relationships.
“Josh’s deep roots in the Piedmont Triad and his proven ability to build strong client relationships make him a tremendous addition to our commercial banking team,” said Michelle Koster, chief commercial banking officer of Piedmont Federal Bank. “His experience and local insight align perfectly with our commitment to serving businesses and individuals throughout the region.”
Almost the entirety of Hanes’ career had been spent in the Piedmont Triad area. Most recently Hanes was a senior vice president at Bank OZK in Winston-Salem, where he was responsible for a $48 million loan portfolio and a $32 million deposit portfolio.
Hanes, a Davie County native, holds a bachelor of science in business management operations from North Carolina State University.
For over 120 years, Piedmont Federal Bank has been committed to its purpose of “Opening Doors” for its clients. The bank supports individuals in achieving significant milestones, from homeownership to growing local businesses. As one of the few remaining mutual banks in North Carolina, Piedmont Federal Bank is owned by its depositors, not shareholders, allowing the bank to prioritize the interests of its clients.
Piedmont Federal Bank currently serves nearly 18,000 consumer and business clients and manages $1.3 billion in assets. Headquartered in Winston-Salem, the bank operates 11 branch locations across the Triad, North Wilkesboro, Boone, and Wake Forest, offering a range of personal and business banking solutions. For more information, visit PiedmontFederal.bank.