Piedmont Advantage Named the Fastest Growing Credit Union in NC
Membership, Loan, and Deposit Growth Vault Piedmont Advantage to the Top
Jun 24, 2015, 11:49 ET
WINSTON-SALEM, N.C., June 24, 2015 /PRNewswire/ -- Skilled planning and excellent execution shaped an incredible year of growth and change for Piedmont Advantage Credit Union. In recognition of their hard work, enterprise, and foresight, Business North Carolina magazine recognized Piedmont Advantage as the fastest growing credit union in North Carolina in 2014. In a state focused on the financial sector, Piedmont Advantage jumped five spots to round out the Top 40 in the Financial 100 of North Carolina's largest banks and credit unions. It also ranked 9th in the category of Fastest Growth in Assets, remarkable in today's highly competitive field of financial services.
Piedmont Advantage Credit Union achieved its success in a time of both a continuing sluggish economy and shrinking margins.
Judy R. Tharp, President/CEO, spoke of the credit union's strategy to shine. "2014's new economy, along with Piedmont Advantage's unveiling of a new 'member experience' model made for a monumental year of growth in deposits and loans. Over 11,000 new memberships were opened, through both organic means and through other credit unions' members joining through merger and spinoff."
Piedmont Advantage Credit Union has scored major victories in a slowed-down economy. They earned it by determination, relationship building, and wisdom. The future shines bright for such a discerning financial institution.
SOURCE Piedmont Advantage
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