This institution is no longer active
Operations ceased on October 9, 1992. CRA examination history below reflects the period it was active.
At a Glance
Community Lending (CRA)
Satisfactory
Meets federal requirements for community lending
Is this bank safe?
PIEDMONT FEDERAL SAVINGS BANK holds a Satisfactory CRA rating (1991).
Institution Profile
FDIC BankFindAddress
County
Established
Total Assets
Community Reinvestment Rating
CRA / FFIECFederal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.
Overall Rating
Meets federal requirements for community lending
Exam Date
Exam Type
Regulator
Mortgage Lending
| Year | Applications | Orig. Rate | Denial Rate |
|---|---|---|---|
| 2024 | 201 | 75.62% | 6.97% |
| 2020 | 778 | 68.64% | 13.75% |
| 2019 | 571 | 70.4% | 13.66% |
| 2018 | 540 | 68.15% | 15.37% |
Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Small bank avg: 6.90% · above-average shown in red
This is the only examination on record for this bank.
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