# Piedmont Federal Savings Bank

> **Canonical URL:** https://saferate.com/lenders/piedmont-federal-savings-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Piedmont Federal Savings Bank is a bank, headquartered in Winston-Salem, NC, serving borrowers across 2 states, with 101 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 36% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 54% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300DD6DH8XAGW3A86
- **Headquarters:** Winston-Salem, NC
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** NC, VA
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 64/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 46/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.116%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $616
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 101
- **Dollar Volume:** $32 million
- **Applications Received:** 144
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $318,762
- **Average Borrower Income:** $171,257
- **Average Property Value:** $487,970

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 41/100 | 96 | +0.140% | $522 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 80 loans, Score: 41/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 40/100 | 83 | $27M | +0.280% | Sound ☺️ |
| Refinance | 37/100 | 18 | $5M | -0.383% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NC | 100 | 0.07% | 67/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Winston | NC | 72 | 79/100 |
| Non |  | 13 | 29/100 |

## Where This Lender Ranks

Piedmont Federal Savings Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#10** in Winston Banks
  - [View Full Rankings](https://saferate.com/winston/best-mortgage-lenders/banks)
- 🏆 **#12** in Winston for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/winston/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does Piedmont Federal Savings Bank offer?

Piedmont Federal Savings Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Piedmont Federal Savings Bank offer mortgages?

Piedmont Federal Savings Bank offers mortgages in 2 states: NC, VA.

### How competitive are Piedmont Federal Savings Bank's mortgage rates?

Piedmont Federal Savings Bank has a pricing score of 64/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.116% above market average.

### What type of lender is Piedmont Federal Savings Bank?

Piedmont Federal Savings Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Winston-Salem, NC.

### What is Piedmont Federal Savings Bank's loan approval success rate?

Piedmont Federal Savings Bank has a pull-through score of 46/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/piedmont-federal-savings-bank

### How to Cite

> "Piedmont Federal Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/piedmont-federal-savings-bank

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