Acquiring Company
Truliant Federal Credit Union
Acquired Company
Piedmont Advantage Credit Union
Winston SalemWinston-SalemFinancial ServicesFinanceLendingBankingNon ProfitFinancial ServicesDescription
Piedmont Advantage Credit Union members have voted to approve a merger with Truliant Federal Credit Union, effective September 1, 2026. This strategic partnership will combine resources, offering greater convenience and a wider range of services to members across North Carolina, South Carolina, and Virginia. The leadership transition is aimed at strengthening community investment and member service.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Piedmont Advantage Credit Union?
Piedmont Advantage Credit Union was acquired by Truliant Federal Credit Union, based in Winston Salem. The deal was reported on August 26, 2026. Truliant is a not-for-profit financial institution that improves lives by providing great service and straightforward financial solutions. Chartering in 1952, it serves over 328,000 members across multiple states. Truliant Federal Credit Union is privately held and operates in Financial Services.
When did Truliant Federal Credit Union acquire Piedmont Advantage Credit Union?
Truliant Federal Credit Union's acquisition of Piedmont Advantage Credit Union was reported on August 26, 2026. Piedmont Advantage Credit Union members have voted to approve a merger with Truliant Federal Credit Union, effective September 1, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Piedmont Advantage Credit Union do?
Piedmont Advantage Credit Union (PACU) was founded in 1949 in Winston-Salem, N.C. to serve the financial needs of Piedmont Aviation and Piedmont Airline employees. It is privately held, operating in Financial Services, and is based in Winston-Salem.
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