Bank · FDIC insured
Piedmont Federal Bank
A $1.3B bank headquartered in Winston-Salem, NC, with 10 branches in North Carolina. Best rates: CDs 4.25% and savings 2.25% APY.
Piedmont Federal Bank Carrot Score
86
Carrot Score
Higher than 74% of U.S. banks and credit unions
#8 of 24 in Winston-Salem, NC metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Piedmont Federal Bank
Founded in 1903, Piedmont Federal Bank is a mutual savings bank owned by its depositors rather than shareholders.
In 1935, it became the seventh financial institution in the nation to adopt a Federal Savings & Loan Charter.
- Headquarters
- 201 S Stratford Rd, Winston-Salem, NC 27103
- FDIC certificate
- 27619 ↗
Branches
10 branches in North Carolina
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North Carolina
10 branches
Winston-Salem area · 6
- Piedmont Federal Savings BankMain office201 S Stratford Rd, Winston-Salem, NC 27103Directions
- Clemmons Branch3701 Clemmons Rd, Clemmons, NC 27012Directions
- Kernersville Branch505 Pineview Dr, Kernersville, NC 27284Directions
- Hanes Mill Branch5189 Northern Quarters Dr, Winston-Salem, NC 27105Directions
- Peace Haven Branch2095 N Peace Haven Rd, Winston-Salem, NC 27106Directions
- Southpark Branch1040 Southpark Blvd, Winston-Salem, NC 27127Directions
Boone area · 1
- Boone Branch1399 Blowing Rock Rd, Boone, NC 28607Directions
Greensboro area · 1
- High Point Branch3870 John Gordon Ln, High Point, NC 27265Directions
North Wilkesboro area · 1
- North Wilkesboro Avenue Branch200 Wilkesboro Ave, North Wilkesboro, NC 28659Directions
Raleigh area · 1
- Wake Forest Federal Branch302 Brooks St, Wake Forest, NC 27587Directions
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 | 18.60% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.16% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 0.21% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $94 | $88 | — |
- CapitalLeverage ratio18.60%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.16%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets0.21%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$94Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 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 Piedmont Federal Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.