Get an account or finance your next loan with Piedmont Advantage Credit Union in North Carolina.

eStatement Enrollment Guide:

To start receiving eStatements, you'll need to be enrolled in Online Banking first. If you're already enrolled in Online Banking, log into Online Banking, click any Account Name, then click "eStatements," select "Continue" in pop-up window, read and accept "Site Terms," enter email and click "Submit." Here is a guide and video. To enroll into Online Banking, this Online Banking guide or Online Banking video is available if needed.

Shopping for a new car? Learn what’s best for you. Buying new or used? Leasing?

Once you have determined how much you would like to spend on your next car, a recommended next step is to decide between buying new, buying used or leasing. Knowing a few of the positives and negatives of each will help you to decide what will be best for you.

Buying a New Car

Positives: You can order the exact make, model and options that are most important to you. Consumer protection laws apply. The car has value and becomes an asset as the loan is repaid and tends to be more reliable. Plus, most warranties cover repairs and parts.

Negatives: New cars can be expensive; and their value depreciates almost immediately.

Buying a Used Car

Positives: Used cars tend to be less expensive than new cars; and as the loan is repaid, the car becomes an asset.

Negatives: A used car’s history may be unknown and may not come with warranties. Older cars may cost more to maintain.

Leasing a Car

Positives: The monthly payments are comparatively low, and leases are usually short-term, so you can drive a new car every few years. Plus, leased cars typically come with comprehensive warranties.

Negatives: It may be difficult and expensive to get out of a lease agreement. Plus, the agreement usually has mileage limitations per year. If you go over this limitation, you’ll pay more.


Because financing increases your total costs, if you decide to finance, make an appointment to talk with one of our Member Experience Advisors so that you are prepared to get the best deal. Visit your branch or call 800.433.7228.

Headquartered in Winston-Salem, North Carolina, and founded in 1949 within the aviation industry, Piedmont Advantage Credit Union (PACU) serves member-owners, who reside, work, worship, attend school or operate a business in one of the six counties it serves in North Carolina or who are employed by one of its many employer companies. These six counties are Davie, Forsyth, Guilford, Iredell, Mecklenburg and Rockingham.

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