Lenders › Piedmont Federal Savings Bank › North Carolina
Piedmont Federal Savings Bank in North Carolina
HMDA record for properties in North Carolina, calendar year 2024. National record · North Carolina overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Piedmont Federal Savings Bank's 2024 HMDA record for North Carolina covers 199 applications, 150 of them originated, worth $52m.
Its denial rate in the state was 8.2%, below the North Carolina rate of 24.0% across all lenders and compared with the lender's national rate of 8.1%.
The median rate spread on its North Carolina originations was 0.5 percentage points (state median 0.2).
Applications in the state were down 8% on 2023.
Compared with the state and the lender's national record
| Measure | In North Carolina | North Carolina, all lenders | Piedmont Federal Savings Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 8.2% | 24.0% | 8.1% | 24.3% |
| Median rate spread, pp | 0.5 | 0.2 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.9% | 11.8% | 0.9% | 15.6% |
| Average originated loan | $348k | $299k | $349k | $329k |
| Home purchase share | 66.7% | 56.3% | 66.4% | 57.0% |
| FHA-insured share | 0.0% | 11.8% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 11.8% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNorth Carolina, all lenders
Loan purpose and loan type in North Carolina
By purpose
Home purchase 67% (100)Home improvement 2% (3)Refinancing 15% (22)Cash-out refinancing 13% (20)Other purpose 3% (5)
By type
Conventional 100% (150)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in North Carolina
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Forsyth County | 95 | 71 | $19m | 6.2% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Piedmont Federal Savings Bank originate in North Carolina in 2024?
150 loans totalling $52m, from 199 applications reported for properties in North Carolina.
What is Piedmont Federal Savings Bank's denial rate in North Carolina?
8.2% of decided applications in North Carolina were denied, against 24.0% for all lenders in the state and 8.1% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which North Carolina counties does Piedmont Federal Savings Bank lend in most?
By originations: Forsyth County (71).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in North Carolina. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.