Credit Unions Near Me
National Credit Union Service Organization

PIEDMONT ADVANTAGE CREDIT UNION

Dec, 31, 2021 — PIEDMONT ADVANTAGE CREDIT UNION is a federally insured state chartered credit union headquartered in WINSTON SALEM, NC with 10 branch locations and about $450.59 million in total assets. Opened 73 years ago in 1949, PIEDMONT ADVANTAGE CREDIT UNION has about 38,912 members and employs 119 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 253177861
Name:PIEDMONT ADVANTAGE CREDIT UNION
Address:
(Main Office)
3530 Advantage Way
WINSTON SALEM, NC 27103
Phone:(336) 776-1700
Fax:(336) 776-1111
Website:http://www.pacu.com
Branches:10 branch locations
Members:38,912
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60160
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1949
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$450,587,131
CEO/Manager:Dion Williams
Chairperson:Tom Mekis

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 73,282,233
TOTAL INVESTMENTS 115,984,057
Loans Held for Sale 0
 
 Real Estate Loans 122,899,086
 Unsecured Loans 30,710,383
 Other Loans 76,349,483
 TOTAL LOANS 229,958,952
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,374,233
 Land And Building 10,527,540
 Other Fixed Assets 4,177,387
 NCUSIF Deposit 3,768,785
 All Other Assets 14,262,410
  TOTAL ASSETS 450,587,131
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,113,374
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 103,040,296
 Regular shares 182,850,991
 All Other Shares & Deposits 128,479,201
  TOTAL SHARES & DEPOSITS 414,370,488
  TOTAL LIABILITIES 417,483,862
 Regular Reserve 5,561,337
 Other Reserves -882,721
 Undivided Earnings 28,424,653
  TOTAL EQUITY 33,103,269
  TOTAL LIABILITIES, SHARES, & EQUITY 450,587,131
INCOME & EXPENSE  
 Loan Income 10,856,371
 Investment Income 851,603
 Other Income 2,442,963
 Total Employee Compensation & Benefits 8,024,714
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,805,702
 Non-operating Income & (Expense) 113,190
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,016,000
 Cost of Funds 651,852
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 179,935
↑ Back to Top

Other Credit Unions

EMERGENCY RESPONDERS CREDIT UNION
1777 Link Rd
WINSTON SALEM, NC 27103-4625
TEAM AND WHEEL FEDERAL CREDIT UNION
1405 Trademart Blvd
WINSTON SALEM, NC 27127-5645
TCP CREDIT UNION
3051 Westinghouse Rd
RURAL HALL, NC 27045-9570
GREENSBORO CREDIT UNION
3701 W Wendover Ave
GREENSBORO, NC 27495-0001
INTERNAL REVENUE EMPLOYEES FEDERAL CREDIT UNION
4905 Koger Blvd
GREENSBORO, NC 27407
WINSTON-SALEM FEDERAL CREDIT UNION
711 E SALEM AVE
WINSTON SALEM, NC 27101-5365
LION'S SHARE FEDERAL CREDIT UNION
850 Harrison Rd
SALISBURY, NC 28147-9021
ACCLAIM FEDERAL CREDIT UNION
1823 Banking St
GREENSBORO, NC 27408
GREENSBORO MUNICIPAL FEDERAL CREDIT UNION
217 N Greene St
GREENSBORO, NC 27401
MEMBERS CREDIT UNION
2098 Frontis Plaza Blvd Ste A
WINSTON SALEM, NC 27103-5779