Kilpatrick Townsend


Insights: News Piedmont Federal Savings Bank Announces Completion of Acquisition of Wake Forest Bancshares, Inc. Associated Press News January 4, 2024 Piedmont Financial Holding Company, the parent company of Piedmont Federal Savings Bank (“Piedmont Federal”), has announced the completion of its acquisition of Wake Forest Bancshares, Inc. (OTC Pink: WAKE), the parent company of Wake Forest Federal Savings and Loan Association (“Wake Forest Federal”). Related People Edward G. Olifer Washington, DC t 202.508.5852 eolifer@ktslaw.com Stephen F. Donahoe Washington, DC t 202.508.5818 sdonahoe@ktslaw.com Suzanne A. Walker Washington, DC t 202.508.5856 suwalker@ktslaw.com Jennifer Stobie Schumacher Atlanta, GA t 404.815.6298 jschumacher@ktslaw.com

Insights: News

Piedmont Federal Savings Bank Announces Completion of Acquisition of Wake Forest Bancshares, Inc.

Associated Press News

January 4, 2024

Piedmont Financial Holding Company, the parent company of Piedmont Federal Savings Bank (“Piedmont Federal”), has announced the completion of its acquisition of Wake Forest Bancshares, Inc. (OTC Pink: WAKE), the parent company of Wake Forest Federal Savings and Loan Association (“Wake Forest Federal”).