A History of Helping Members Achieve Financial Wellness
In 1948, Aviator Tom Davis launched a small airline, Piedmont Airlines, in Winston-Salem, North Carolina, to provide jobs for servicemen and women after the war. Under his leadership, the airline flourished and the need for a credit union was recognized. By 1949, with airline volunteers and a cash box in a small office, Mr. Davis supported the launch of an aviation credit union to provide small loans and savings accounts to Piedmont Airlines’ employees.
Over the years, this credit union became known as Piedmont Advantage Credit Union to reflect its growing membership. As a financial cooperative, the credit union has a long history of helping its members achieve financial wellness through financial literacy.
The PACU Foundation was founded in January 2020, grown out of the desire of Piedmont Advantage Credit Union's Board of Directors and leadership team to enlarge the credit union's capacity to make a difference within its North Carolina service areas. The Foundation’s mission is to create strong, sustainable financial health in our local communities by using the power of cooperative efforts to enable dreams to take flight and soar.
The Foundation’s areas of focus are financial literacy, education and training, and disaster and emergency assistance.
Board of Directors and Officers
Fundraising Committee Chairperson
Diana Santos Johnson
Gifting Committee Chairperson
Public Relations and Community Outreach Director
For more information on how to apply for funding consideration , please complete the following form:
The PACU Foundation is a Section 501(c)(3) charitable organization, EIN 84-4139152. All donations are deemed tax-deductible absent any limitation on deductibility applicable to a particular taxpayer. If goods or services were provided in return for a contribution, the amount of the contribution, which is tax-deductible, may be limited to the amount exceeding the value of such goods and services. The PACU Foundation maintains discretion over the use of all donated funds.