PACU's headquarter building.

Our Story

From a humble beginning in 1949, a financial institution created a sense of belonging. This is the history of Piedmont Advantage.

More Than Banking. It’s Belonging.

On July 2, 1940, due to the vision of Aviator Tom Davis, Piedmont Aviation was incorporated in Winston-Salem, N.C., to buy and sell airplanes, parts and accessories, gasoline, oil and equipment of all kinds and to give aeronautics instruction. Over the years, Piedmont Aviation provided much-needed jobs for servicemen and women after the war.

Within eight years, in January 1948, Piedmont Aviation added a new division, Piedmont Airlines. Within a month, on February 20, 1948, Piedmont Airlines held its inaugural flight from Wilmington to Southern Pines, an hour to the west. Within a year, the need for a credit union grew as the number of employees increased.

Over the years, we became known as Piedmont Advantage to reflect our growing membership.

75th year anniversary magazine cover

To celebrate our 75th anniversary, we created a commemorative booklet, Blueprint of Resilience, Trust, and Belonging. It’s more than a look back. It’s a reflection of the values that have guided us since day one. Inside, you’ll find stories of members, milestones that shaped our journey, and the unwavering belief that a strong financial institution is built on connection, not just transactions.

Come be part of our story.