Piedmont Federal Savings Bank on Your Credit Report
In short: Based in Winston Salem, North Carolina, Piedmont Federal Savings Bank is a state-chartered savings and loan association. The institution carries FDIC certificate 27619 and a charter dated January 1, 1903. The pre-Federal-Reserve charter date matters here only because a charter predating federal deposit insurance has been through enough system migrations that stale status codes are the common defect. On the 06/30/2026 call report it reported $1.32 billion in total assets and 10 FDIC-reported offices. Lending from its own balance sheet makes Piedmont Federal Savings Bank the furnisher of record rather than an assignee, so your FCRA §623 dispute reaches the institution that actually holds the account documents. Information that is inaccurate, incomplete, or unverifiable can be disputed under the FCRA. Outcomes depend on what the furnisher can verify, and results vary.
Who Piedmont Federal Savings Bank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Piedmont Federal Savings Bank is an FDIC-insured state bank under certificate 27619, headquartered in Winston Salem, North Carolina, with $1.32 billion in total assets and 10 FDIC-reported offices as of the 06/30/2026 call report; its charter dates to January 1, 1903.
How Piedmont Federal Savings Bank appears on your credit report
The distinction that matters: Piedmont Federal Savings Bank is the original creditor on the account, not a third party that bought it. A 10-office mid-size regional bank rarely has a dedicated disputes department, so precision in your letter does more work than volume. Reference the account by last four digits and origination date, isolate the one field you can disprove, and copy all three bureaus to keep the §611 and §623 clocks running together. Whether the tradeline changes depends on what verification turns up; no one can promise you a result.
Names it may report under
Products that commonly show up
- ◆Deposit-secured and consumer installment credit written in-branch
- ◆First-lien mortgages and home-equity lines on North Carolina property
- ◆Consumer accounts originated across its 10 North Carolina offices
Grounds to dispute a Piedmont Federal Savings Bank entry
Each of these is a reason a Piedmont Federal Savings Bank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆North Carolina home-equity line closed at refinance yet still reporting open with Piedmont Federal Savings Bank
- ◆Account settled with Piedmont Federal Savings Bank still reporting the original charged-off balance
- ◆The same Piedmont Federal Savings Bank loan appearing twice after a branch or system consolidation
- ◆Account balance or credit limit reported incorrectly
- ◆Payment reported late when it was made inside the grace period
- ◆Date of first delinquency re-aged to extend how long it can report
- ◆Account still reporting as open after it was closed, or vice versa
- ◆Duplicate tradeline for the same account after an internal transfer
- ◆Account belongs to someone else with a similar name, or is the result of identity theft
Disputing an original creditor is not the same as disputing a collector
Piedmont Federal Savings Bank is an original creditor — the institution whose name was on the account when it was opened. That matters for two reasons. First, the FDCPA, which governs debt collectors, generally does not apply to a creditor collecting its own debt in its own name, so the “debt validation” request that works against a collection agency is not the right tool here. Second, as the furnisher of the tradeline, Piedmont Federal Savings Bank has direct obligations under FCRA §623 to investigate a dispute you send it and to correct or delete information it cannot verify as accurate.
Dispute with the bureaus — FCRA §611
File with Equifax, Experian and TransUnion. They must generally investigate within 30 days and tell the furnisher. Free, and you can do it yourself.
Dispute with the furnisher — FCRA §623
Send Piedmont Federal Savings Bank a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Piedmont Federal Savings Bank questions, answered
Is Piedmont Federal Savings Bank FDIC-insured, and what is its certificate number?
Piedmont Federal Savings Bank is FDIC-insured under certificate number 27619. Per the FDIC, the charter dates to January 1, 1903, the head office is in Winston Salem, NC, and the 06/30/2026 call report shows $1.32 billion in total assets over 10 FDIC-reported offices. Oversight runs through the FDIC and its state regulator.
Who regulates Piedmont Federal Savings Bank, and where do I escalate if a dispute fails?
Piedmont Federal Savings Bank is a state-chartered savings and loan association, so its primary oversight runs through the FDIC and its state regulator. If a dispute with the bank and the bureaus does not resolve an inaccuracy, you can file a complaint with the Consumer Financial Protection Bureau, and you retain a private right of action under FCRA §§616–617. Escalating does not require a third party — you can do all of it yourself at no cost.
How many credit-card complaints does the CFPB show against Piedmont Federal Savings Bank?
We do not carry a complaint count for Piedmont Federal Savings Bank. The CFPB credit-card dataset is keyed to company names that did not resolve unambiguously to this 10-office institution, and publishing a loose match would misattribute another company's record. Absence of a figure here is not a claim that there are no complaints — search consumerfinance.gov directly.
How long can a Piedmont Federal Savings Bank charge-off stay on my credit report?
A charged-off Piedmont Federal Savings Bank account can generally report for up to seven years from the date of first delinquency — the original missed payment that was never brought current, not the date Piedmont Federal Savings Bank charged it off and not the date it was sold to a collector. If that date has been moved forward, the re-aging is itself a reportable FCRA inaccuracy.
What is the difference between disputing with Piedmont Federal Savings Bank and disputing with a collector?
A collector's tradeline is a second, separate entry derived from information passed along at sale or placement. Piedmont Federal Savings Bank's tradeline is the original, backed by the bank's own account records. That asymmetry is why a specific factual dispute to Piedmont Federal Savings Bank tends to produce a documented answer, while the same dispute to a collector often produces only a verification code.
Does Piedmont Federal Savings Bank report to all three credit bureaus?
Not necessarily — reporting is voluntary, and a mid-size regional institution may furnish to a subset of the bureaus on staggered cycles. Review all three reports side by side. Treat a balance discrepancy as a likely timing difference, but treat a conflicting account status or date of first delinquency on the Piedmont Federal Savings Bank tradeline as a genuine dispute target.
Piedmont Federal Savings Bank was acquired or changed names — why does my report show two accounts?
Duplicates like this are almost always a data-migration residue rather than two real debts. Because a charter predating federal deposit insurance has been through enough system migrations that stale status codes are the common defect, a Piedmont Federal Savings Bank account can surface under a predecessor name alongside the current one. Dispute for removal of the redundant entry, identifying both by last four digits and open date, and insist on deletion rather than a status change.
Can I dispute Piedmont Federal Savings Bank reporting myself, without paying anyone?
You can, free of charge. The FCRA gives you the dispute right personally; it is not something that has to be purchased. Send Piedmont Federal Savings Bank a written dispute identifying the inaccurate field, and send the same to the bureaus. What changes depends on the bank's verification, and no honest party will promise you a number.
What should I check first on Piedmont Federal Savings Bank reporting?
Check the delinquency date first, since it controls the reporting window; then account status, which decides how the item is read; then the balance and limit, which drive utilization. With Piedmont Federal Savings Bank, a charter predating federal deposit insurance has been through enough system migrations that stale status codes are the common defect. Verify each against statements in your possession — a dispute anchored to one specific provable discrepancy is the one that moves.
Other creditors on credit reports
This page is general information about consumer rights, not legal advice, and does not create an attorney-client relationship. Crowned Credit is not affiliated with, endorsed by, or sponsored by Piedmont Federal Savings Bank; company names are used only to identify the institution a consumer may see on a credit report. Crowned Credit does not promise any particular outcome; results vary by individual circumstances and by what a furnisher is able to verify. Accurate, verifiable information generally cannot be removed from a credit report. You have the right to dispute inaccurate information yourself, for free, directly with the credit bureaus and with the furnisher.
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