Company Information

Get to know piedmont federal savings bank

Founded in 1903 in Winston-Salem, Piedmont Federal Savings Bank has operated continuously with a focus on community banking and helping individuals achieve homeownership. As a mutual savings bank, it is owned by its depositors, not stockholders, which allows it to prioritize customer service and community reinvestment over shareholder profits. The bank offers a full range of traditional banking products, including checking and savings accounts, CDs, mortgages, and various personal and business loans, emphasizing a conservative and service-oriented approach.

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Financial BankingPRIMARY
Financial Other Service

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piedmont federal savings bank

United States

Founded in

1903 (123 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.