Stronger Together
Our Merger with Truliant Federal Credit Union. What This Means and What Comes Next.
We’re Committed to Keeping You Informed Every Step of the Way
We plan to merge with Truliant Federal Credit Union, pending regulatory approval and a vote by you, our members. This is a meaningful change, and it’s one we’re approaching with care for you, our employees and the communities we serve.
This partnership will strengthen what you already count on. Together, we expect to offer broader access, enhanced technology and expanded services, while continuing the personal relationships that define Piedmont Advantage.
Built on Shared Values
Both Piedmont Advantage and Truliant have served members for more than 70 years. We’re rooted in the same cooperative model and guided by the same purpose: to improve the financial lives of the people we serve.
This merger isn’t about becoming something different. It’s about bringing together two organizations that already share the same values and building from there.
“We see this as a thoughtful step forward, one that builds on our strengths and positions us to serve our members, employees and communities even more effectively,” said Dion Williams, President and CEO.
What Will Change and What Won’t
Once approved and completed, the combined credit union will operate under the Truliant name.
What won’t change:
- Our commitment to putting members first.
- Our focus on service and community.
- Our belief in the credit union difference.
What will evolve over time:
- Expanded products and services.
- Enhanced digital and technological capabilities.
- Access to a broader branch network.
Regular Updates
We will share updates along the way, including milestones and timing. At this point, the merger is expected to take effect in late 2026, with full integration by early 2027.
As we move forward, we’ll keep this page updated, so please check back from time to time for the latest.
Frequently Asked Questions
Piedmont Advantage and Truliant have signed a definitive agreement to merge, pending regulatory approval and a vote by Piedmont Advantage members.
This proposed merger is a strategic, people-first partnership to strengthen how we serve members, support employees, and expand our community impact. Until the merger is completed, both credit unions will continue operating independently.
This merger brings together two strong credit unions to better serve members in the changing financial services landscape. Together, we’ll have more resources to:
- Invest in technology.
- Expand products and services.
- Strengthen long-term stability.
Both organizations have served their communities for more than 70 years and share cooperative roots focused on people helping people, making these strong values fit.
Truliant was selected for its alignment with Piedmont Advantage’s member-first values, community roots, financial strength, and commitment to employees. This is a true partnership grounded in shared values and a long-term commitment to members and communities. Truliant is a federally chartered credit union based in Winston-Salem, North Carolina, serving more than 330,000 members with $5.4 billion in assets and 37 branches across North Carolina, South Carolina and Virginia.
Yes. The Boards of Directors of both Piedmont Advantage Credit Union and Truliant Federal Credit Union unanimously support the proposed merger and believe it is in the best interests of members, employees, and the communities we serve.