Featured Savings Rates
Featured Accounts

Piedmont Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.02%5-year CD5 Year Share Certificate
0.75%1-year CD1 Year Share Certificate
0.35%SavingsRegular Share Savings

Overview / Commentary
800-367-3328
366 Piney Forest Rd
Danville, VA 24540

Piedmont Credit Union is headquartered in Danville and is the 65th largest credit union in the state of Virginia. It is also the 2,140th largest credit union in the nation. It was established in 1969 and as of March of 2016, it had grown to 27 employees and 10,236 members at 4 locations. Piedmont Credit Union's money market rates are 14% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

Membership is open to those who live, worship or work in Pittsylvania and Halifax Counties and the city of Danville in Virginia. Membership is also open to employees of Abingdon Place, Comcast (Danville), Central Piedmont Health Services, Inc., and over 20 other area membership groups.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
C+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Piedmont Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #66971
Year Chartered1969
Employees27
Primary Regulator
Profit Margin
Return on Assets - YTD1.01%
Return on Equity - YTD12.7%
Annual Interest Income$810.00K
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$58.7MM$54.0MM
LoansQ1 2016vs Q1 2015$38.6MM$31.2MM
DepositsQ1 2016vs Q1 2015$54.9MM$49.9MM
Equity CapitalQ1 2016vs Q1 2015$4.6MM$4.5MM
Loan Loss AllowanceQ1 2016vs Q1 2015$705.00K$562.00K
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$987.00K$946.00K
Real Estate OwnedQ1 2016vs Q1 2015$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Piedmont Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Piedmont Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$50-IRA Share Account
0.35%*$5k*-Regular Share Savings
OTHER TIERS: 0.20% $50 - $500 | 0.30% $500 - $5k
0.20%$50-Christmas Club
0.20%$50-Summer Club
0.20%$50-Vacation Club

Piedmont Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Money Market Account
OTHER TIERS: 0.40% $1k - $10k | 0.45% $10k - $50k

Piedmont Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$3k*-Share Draft Account
OTHER TIERS: 0.15% $300 - $3k

Piedmont Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$1k-5 Year Share Certificate
1.00%$1k-2 Year Share Certificate
0.75%$1k-1 Year Share Certificate
0.50%$1k-6 Month Share Certificate

Piedmont Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$1k-5 Year IRA Certificate
1.00%$1k-2 Year IRA Certificate
0.75%$1k-1 Year IRA Certificate
0.50%$1k-6 Month IRA Certificate
Locations


Piedmont Credit Union Locations
Branch Office366 Piney Forest RdDanville, VA 24540
Branch Office4027 Halifax RdSouth Boston, VA 24592-4831
Branch Office1555 Meadowview DrDanville, VA 24541
Branch Office3240 Franklin TurnpikeDanville, VA 24540