Piedmont Federal Bank Appoints John Martin to Board of Directors

Winston-Salem, NC – March 25, 2025 – Piedmont Federal Bank is pleased to announce the appointment of John Martin, co-founder and managing partner of Kernersville-based Fourth Elm Construction, to Piedmont Federal Bank’s Board of Directors and the Board of Directors for the bank’s holding company, effective immediately.
“We are thrilled to welcome John Martin to our Board of Directors,” said David P. Barksdale, President and CEO of Piedmont Federal Bank. “His extensive experience in construction and commitment to community development align perfectly with Piedmont Federal Bank’s mission to serve and grow with our community.”
Under Martin’s leadership, Fourth Elm Construction has grown significantly, delivering numerous successful projects across the region. His strategic vision and commitment to excellence have been instrumental in the company’s success. Beyond his professional achievements, Martin actively engages in community initiatives, reflecting his dedication to local development and philanthropy.
He earned his MBA from the Wake Forest University School of Business in 2013 and received a Bachelor of Science degree in environmental science from the University of North Carolina in 2005. Martin is a National Association of Industrial & Office Properties (NAIOP) “Developing Leader of the Year” Award recipient.
“I am truly honored to join the Board of Directors at Piedmont Federal Bank,” Martin said. “I look forward to contributing to the bank’s ongoing efforts to provide exceptional financial services and to support the growth and prosperity of our entire community.”
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.