Piedmont Federal Savings Bank

Money is a deeply personal thing — and when it comes to banking, we expect to work with organizations we can trust. Piedmont Federal Savings Bank has built a stellar reputation of trust in the community. With a focus on the Triad — they are all about local. Local customers. Local business. Local community.

Eric Hermanson, manager of Piedmont Federal Savings Bank’s Clemmons branch, shared, “Whether our customers are coming to us for small business lending or mortgage loans — we have a unique ability to bring outside-the-box solutions to our clients. Whereas a larger bank may have many products, we have the room to personalize our business in a way that best serves the needs of our customers.  

“During the months of COVID, because we are a smaller operation, we were able to respond to our small businesses applying for PPP loans much faster than our larger counterparts. And for those who hold mortgage loans with us — they have the assurance that their loans will stay where they started. We don’t sell our loans. These are just two examples of how being small enables us to serve our customers better.”

Eric continued, “But what I think really sets PFSB apart is our commitment to the community. We support over 50 local non-profit groups, including Bookmarks, Children’s Museum of Winston-Salem, Crosby Scholars, Shepherd’s Center, Winston-Salem Youth Chorus, and so many more. So our commitment to the community is diverse and multi-faceted. And because we’re small and community-minded, our investments have an even larger impact.”

Piedmont Federal Savings Bank is known for “straightforward, commonsense banking.” But, Eric said, “Our company also has a saying — ‘We’re started by neighbors, run by neighbors, helping neighbors.’ It’s what has consistently set us apart and given us longevity in the Triad.”

Piedmont Federal Savings Bank has been a Lewisville-Clemmons Chamber member since 2010. Visit PiedmontFederal.bank to learn more about the products and services available for individuals, families, and businesses. Visit the Clemmons branch at 3701 Clemmons Road, Clemmons, or call 336.766.0581. Be sure to follow them on Facebook and Instagram!