Piedmont Advantage Credit Union

Piedmont Advantage Credit Union Locations

3810 North Liberty Street
Winston Salem, NC 27105
800.433.7228
www.pacu.com

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Piedmont Advantage Credit Union is headquartered in Winston Salem and is the 13^st largest credit union in the state of North Carolina. It is also the 823^rd largest credit union in the nation. It was established in 1949 and as of December of 2011, it had grown to 89 employees and 42,421 members. Piedmont Advantage Credit Union has a 4-star health rating.

Top Long-Term CD Rates at Piedmont Advantage Credit Union in NC - Local Only - 10/14/2011

Piedmont Advantage Credit Union is offering some competitive long-term CD and IRA CD rates. The three best are a 2.50% APY 5-year CD, a 2.10% APY 4-year CD and a 1.75% APY 3-year CD. Minimum deposit i ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Piedmont Advantage Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.05%	$100	-	Interest Checking

Piedmont Advantage Credit Union Savings Account Rates

Apy	Min	Max	Product
0.40%	$25k	-	IRA Account
0.25%	-	-	Savings Account
0.25%	-	-	Personal Select
0.25%	-	-	Christmas Club

Piedmont Advantage Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.30%	$100k	-	Money Market

Piedmont Advantage Credit Union CD Rates

Apy	Min	Max	Product
1.60%	-	-	60 Month CD
1.40%	-	-	48 Month CD
1.35%	-	-	36 Month CD
1.20%	-	-	30 Month CD
0.90%	-	-	24 Month CD
0.50%	-	-	18 Month CD
0.40%	-	-	12 Month CD
0.30%	-	-	6 Month CD
0.25%	-	-	3 Month CD

Piedmont Advantage Credit Union IRA Rates

Apy	Min	Max	Product
1.60%	-	-	60 Month IRA
1.40%	-	-	48 Month IRA
1.35%	-	-	36 Month IRA
1.20%	-	-	30 Month IRA
0.90%	-	-	24 Month IRA
0.50%	-	-	18 Month IRA
0.40%	-	-	12 Month IRA
0.30%	-	-	6 Month IRA
0.25%	-	-	3 Month IRA

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

PIEDMONT ADVANTAGE CREDIT UNION
NCUA #	60160
BankRate Report	View
Year Chartered	1949
Employees	89
Primary Regulator
Assets and Liabilities
Assets	$214.39 million
Loans	$136.32 million
Deposits	$183.37 million
Equity Capital	$29.80 million
Loan Loss Allowance	$2.14 million
Unbacked Noncurrent Loans	$2.56 million
Real Estate Owned	$631,000
Historic Data - December 2010
Assets	$211.95 million
Equity Capital	$28.54 million
Loan Loss Allowance	$2.47 million
Unbacked Noncurrent Loans	$3.46 million
Real Estate Owned	$671,000
Profit Margin - Quarterly
Net Interest Margin	5.42%
Return on Assets	0.26%
Return on Equity	1.84%
Interest Income	$9.23 million
Non-Interest Income	$5.37 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Piedmont Advantage Credit Union had $3.2 million in non-current loans and owned real-estate with $31.94 million in equity and loan loss allowances on hand to cover it. This gives Piedmont Advantage Credit Union a Texas Ratio of 10.00% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Piedmont Advantage Credit Union decreased slightly from 13.31% as of December 31, 2010 to 10.00% as of December 31, 2011, resulting in a positive change of 24.83%.This indicates that the balance sheet and financial strength for Piedmont Advantage Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Piedmont Advantage Credit Union has increased its total deposits by $1.34 million, resulting in 0.74% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Piedmont Advantage Credit Union has shown is average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Piedmont Advantage Credit Union has $214.39 million in assets with $31.94 million in equity, resulting in a capitalization level of 14.90%, which is excellent.