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FDIC-Insured – Backed by the full faith and credit of the U.S. Government
FDIC-Insured – Backed by the full faith and credit of the U.S. Government
About us
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Opening doors,
Since 1903.

Piedmont Federal Bank is a mutual savings bank and is FDIC-insured. As a mutual, Piedmont Federal is accountable to our clients, teammates and communities.
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In 1935, Piedmont Federal became the seventh financial institution in the nation to adopt a Federal Savings & Loan Charter. Mutual banks are chartered to benefit their local communities. Piedmont Federal is owned by their depositors, not shareholders. We believe in knowing our clients by name and providing relationship-driven services that cannot be found at other financial institutions.

Our Vision
  • Be a thought leader among mutual banks.
  • Best in class: culturally, strategically, financially, and socially.
Our Purpose

Our purpose is simple – We Open Doors For You. We open doors for you, whether you are purchasing a home, building savings or financing equipment for your business. We open doors for our communities to be better places to live. The foundation of this purpose is our values, which guide how we do business and are also our competitive advantage.

Our Values
  • Be Authentic
  • Build Caring Relationships
  • Do What’s Right
  • Go All In
  • Move Forward

We pledge to live these values in our service to you.

The Mutual Benefit

Mutual banks are not publicly held and are not under the same quarterly earnings pressure as stock institutions. This enables Piedmont Federal to take a long-term perspective on operations, service to the community and meeting customer needs. Our bank is strongly committed to controlling risk and being a stable influence in the markets we serve.

2023 Annual Report
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Work with us. Our teammates provide the best-in-class banking experience.

Piedmont Federal offers an engaging culture and robust benefits to all teammates.

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Leadership
Scott E. Cawood
Chairman of the Board
David P. Barksdale
President and CEO
Neal S. Parnell
Chief Retail Banking Officer
Charles D. Ryan
Chief Credit Officer
Michelle B. Koster
Chief Commercial Banking Officer
Michael W. Shelton
Chief Financial Officer
Douglas J. Stewart
Chief Information Officer
Filomena M. Wampler
Chief Human Resources Officer