PIEDMONT FEDERAL SAVINGS BANK

WINSTON SALEM, NC · Supervised by OTS

Est. 1903FDIC #27,619

Satisfactory Same

Current rating · Exam: December 2008

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.16%

Institution Profile

FDIC BankFind

Website

www.piedmontfederal.com

Address

201 S Stratford Rd, WINSTON SALEM, NC

County

Forsyth County

Established

January 1, 1903

Total Assets

$1.3B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

December 1, 2008

Exam Type

Intermediate Small Bank

Regulator

OTS

What is a CRA rating? →

⚠️This exam is 17 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Download Evaluation Report (PDF)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$1.3B

Total Deposits

$957M

Net Loans

$885M

Net Income

$525K

ROA

0.16%

Below avg for Community banks. Peer avg: 0.90%

ROE

0.88%

Risk-Based Capital

0.00%

Below avg for Community banks. Regulatory min: 8%

Peer Comparison

Community banks

Compared to the peer-bank Community peer group (same asset tier).

ROA0.16%Peer avg: 0.90%▼ Below avg

Risk-Based Capital0.00%Peer avg: 12.91%▼ Below avg

Mortgage Denial Rate10.65%Peer avg: 9.91%▼ Below avg

Unlock peer list → See which specific banks are in this peer group.

Branch Footprint

FDIC SOD 2025

Total Branches

Branch Deposits

$945M

1-Year Change

5-year net change: +1 branches

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2023	216	78.24%	10.65%
2022	471	77.28%	9.77%
2021	758	73.35%	11.87%

2024 national avg denial rate: 23.75% · Community bank avg: 9.91% · above-average shown in red

Rating History

CRA / FFIEC

Rating Trend

→ Stable

Based on last 3 exams

Exam Date	Rating	Exam Type
Dec 2008	Satisfactory	Intermediate Small Bank
Jul 2006	Satisfactory	Small Bank
Apr 2004	Satisfactory	Large Bank

6 previous ratings locked — back to 1991

Unlock full CRA history, HMDA, financials, complaints CSVs, and PDF links for this bank.

orGet Business plan for unlimited access

One-time payment · No subscription required

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

Embed this rating

Copy this snippet to embed a live rating badge on your website:

<iframe
  src="https://bankscorer.com/widget/bank/f1c63cda-2eb4-4575-8404-368148a15a09"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: