PIEDMONT Credit Union Profile

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PIEDMONT

Charter #65781 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (704) 873-6400

Fax: (704) 871-1200

Founding Date: N/A

Website: http://www.piedmontcreditunionnc.co

Personnel & Operations

President: Furches, Frank

Manager: Waddell, Ginger

FT Employees: 3

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: M-F 9am-5pm

Credit Union Profile Summary

PIEDMONT is a FISCU Credit Union. With a total of 934 members [1], this institution manages approximately $5,527,132 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 7.51% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -13.93% [1].

Financial Snapshot

Total Assets [1]
$5,527,132

Total economic resources.

Total Loans [1]
$3,057,238

Total value of outstanding loans.

Total Deposits [1]
$5,110,499

Total funds deposited by members.

Members [1]
934

Number of active members.

Performance Ratios

Net Worth Ratio [1]
7.51%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.84%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
59.82%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
2.16%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-13.93%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-11.55%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1913 W Front St

Statesville, NC, 28677-3646

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by PIEDMONT (Charter #65781).

Main Office

Piedmont Credit Union Main Office

Type: Corporate Office

1913 W Front St

Statesville, NC 28677-3646

Phone: (704) 873-6400

Services: Member Services, Drive-Thru

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