Piedmont Federal Bank Announces Branch Leadership Transitions and Welcomes New Branch Manager
Winston-Salem, N.C. — [May 28, 2025] – Piedmont Federal Bank is pleased to announce recent leadership transitions among its branch management team, reinforcing the bank’s commitment to professional growth and outstanding service for its clients and communities.
David Hanein, previously branch manager of the bank’s Clemmons office, has assumed leadership of its Palladium Shopping Center office in High Point. Hanein has consistently demonstrated strong leadership and dedication to client service throughout his tenure at Piedmont Federal Bank, and his transition to Palladium continues the bank’s focus on placing experienced leaders in key markets.
Lori Cannon, former Palladium branch manager, is now managing Piedmont Federal Bank’s Stratford Road office in Winston-Salem. Cannon brings a wealth of experience and a deep understanding of the local market to her new role, positioning her well to lead the Stratford Road team and support its continued growth.
Piedmont Federal Bank also welcomes Amanda Grimstead as the new branch manager of its Clemmons office. Grimstead brings valuable experience in retail banking and client relationship management, and her enthusiasm for helping clients achieve their financial goals makes her an excellent addition to the team.
In conjunction with these changes, Chelsea Bradford, previously branch manager at the bank’s Stratford Road office, has been promoted to retail branch operations manager. In this new role, Bradford will support branch operations across the bank’s network, drawing on her operational expertise and proven leadership.
“These changes reflect the strength of our internal talent and our ongoing commitment to delivering exceptional service across all our branches,” said Neal S. Parnell, chief retail banking officer at Piedmont Federal Bank. “We’re proud to support the growth of our team and excited to welcome Amanda to the Piedmont Federal Bank team.”
Piedmont Federal Bank continues to invest in its people and branches to ensure strong leadership and personalized service for every client.
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.