First Piedmont Federal Savings And Loan Association Of Gaffney
First Piedmont Federal Savings And Loan Association Of Gaffney is a bank based in Gaffney, South Carolina, established in 1933, with $591 million in total assets across 7 branches. By Trust Grade it ranks 9th of 44 banks we track in South Carolina. Its capital ratio of 28.7% is stronger than 99% of similarly sized banks, versus a South Carolina median of 9.8%. It was profitable over the most recent period, with a 1.69% return on assets. No consumer complaints against First Piedmont Federal Savings And Loan Association Of Gaffney appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Piedmont Federal Savings And Loan Association Of Gaffney compares to South Carolina peers
How we graded First Piedmont Federal Savings And Loan Association Of Gaffney
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (28.7% capital ratio)
- Strongly profitable (ROA 1.69%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Piedmont Federal Savings And Loan Association Of Gaffney over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (7)
- 210 S Limestone St, Gaffney, SC 29340
- 1510 John B White Blvd., Spartanburg, SC 29301
- 503 N Granard St, Gaffney, SC 29341
- 901 E Main St, Spartanburg, SC 29302
- 1229 W Floyd Baker Blvd, Gaffney, SC 29341
- 2101 Boiling Springs Rd, Boiling Springs, SC 29316
- 1908 E Main St, Duncan, SC 29334
Are deposits at First Piedmont Federal Savings And Loan Association Of Gaffney insured?
Yes. First Piedmont Federal Savings And Loan Association Of Gaffney is an FDIC-insured bank (FDIC certificate #28859). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Piedmont Federal Savings And Loan Association Of Gaffney: frequently asked questions
Is First Piedmont Federal Savings And Loan Association Of Gaffney a good bank?
First Piedmont Federal Savings And Loan Association Of Gaffney earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (28.7% capital ratio); Strongly profitable (ROA 1.69%).
Is First Piedmont Federal Savings And Loan Association Of Gaffney FDIC-insured?
Yes. First Piedmont Federal Savings And Loan Association Of Gaffney is a FDIC-insured bank (FDIC certificate #28859). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Piedmont Federal Savings And Loan Association Of Gaffney?
First Piedmont Federal Savings And Loan Association Of Gaffney holds $591 million in total assets, ranking 9th of 44 banks we track in South Carolina. It operates 7 branches.
Does First Piedmont Federal Savings And Loan Association Of Gaffney have CFPB complaints?
No CFPB complaints against First Piedmont Federal Savings And Loan Association Of Gaffney appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
