Piedmont Advantage Credit Union


Overview / Commentary
800-433-7228
3530 Advantage Way
Winston Salem, NC 27103

Piedmont Advantage Credit Union is headquartered in Winston Salem and is the 15th largest credit union in the state of North Carolina. It is also the 859th largest credit union in the nation. It was established in 1949 and as of September of 2024, it had grown to 90 employees and 30,487 members at 6 locations. Piedmont Advantage Credit Union has a B health rating.

Field of Membership Restrictions

Piedmont Advantage Credit Union membership is open to those who live, work, worship, attend school ,or operate a business in the North Carolina counties of Davie, Forsyth, Guilford, Iredell, Mecklenburg, or Rockingham. Employees of more than 80 SEGs are also eligible to join.
See current membership details

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Health

Health Grade Components

Overall
NCUA #60160
Year Chartered1949
Employees90
Primary Regulator
Profit Margin
Return on Assets - YTD-0.59%
Return on Equity - YTD-10.17%
Annual Interest Income$11.5MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$391.2MM$395.6MM
LoansQ3 2024vs Q3 2023$260.1MM$280.9MM
DepositsQ3 2024vs Q3 2023$346.4MM$363.9MM
Equity CapitalQ3 2024vs Q3 2023$22.7MM$18.4MM
Loan Loss AllowanceQ3 2024vs Q3 2023$423K$1.2MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$1.2MM$1.6MM
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

Rates for Piedmont Advantage Credit Union are currently being reviewed.

Locations


Piedmont Advantage Credit Union Locations
Branch Office139 S Cardigan WayMooresville, NC 28117
Branch Office212 E Kings HwyEden, NC 27288
Branch Office4997 Home RdWinston Salem, NC 27106
Branch Office3717 Battleground AveGreensboro, NC 27410
Branch Office3530 Advantage WayWinston Salem, NC 27103
Branch Office2830 Boyer StCharlotte, NC 28208

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