Bank · FDIC insured
First Piedmont
A $597.1M bank headquartered in Gaffney, SC, with 7 branches in South Carolina. Best rates: CDs 1.77% and savings 1.77% APY.
First Piedmont Carrot Score
69
Carrot Score
Higher than 23% of U.S. banks and credit unions
#13 of 19 in Spartanburg, SC metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About First Piedmont
Chartered in 1933 as one of the first federally chartered savings and loan associations, First Piedmont operates seven locations serving Gaffney, Spartanburg, and Duncan.
- Headquarters
- 1229 W Floyd Baker Blvd, Gaffney, SC 29341
- FDIC certificate
- 28859 ↗
Branches
7 branches in South Carolina
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South Carolina
7 branches
Spartanburg area · 4
- Boiling Springs Branch2101 Boiling Springs Rd, Boiling Springs, SC 29316Directions
- Duncan Branch1908 E Main St, Duncan, SC 29334Directions
- 1510 John B White Blvd1510 John B White Blvd., Spartanburg, SC 29301Directions
- 901 E Main St Branch901 E Main St, Spartanburg, SC 29302Directions
Gaffney area · 3
- First Piedmont Federal Savings and Loan Association of GaffneyMain office1229 W Floyd Baker Blvd, Gaffney, SC 29341Directions
- 210 S Limestone St Branch210 S Limestone St, Gaffney, SC 29340Directions
- 503 N Granard St Branch503 N Granard St, Gaffney, SC 29341Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 29.14% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.73% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.76% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $124 | $81 | — |
- CapitalLeverage ratio29.14%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.73%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.76%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$124Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of First Piedmont are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.