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CIBC Mellon is a Canadian company exclusively focused on the investment servicing needs of Canadian institutional investors and international institutional investors into Canada. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon (BNY Mellon) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon`s investment servicing solutions for institutions and corporations are provided in close collaboration with our parent companies, and include custody, multicurrency accounting, fund administration, recordkeeping, pension services, securities lending services, foreign exchange settlement and treasury services. As at June 30, 2015, CIBC Mellon had more than C$1.5 trillion of assets under administration on behalf of banks, pension funds, investment funds, corporations, governments, insurance companies, foreign insurance trusts, foundations and global financial institutions whose clients invest in Canada. CIBC Mellon is part of the BNY Mellon network, which as at June 30, 2015 had US$28.6 trillion in assets under custody and/or administration and US$1.7 trillion in assets under management. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY Mellon trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.
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For over 100 years, our goal has been a simple one: to help people become homeowners and save for life`s needs. Piedmont Federal Savings Bank focuses on offering sound financial solutions that truly fit people`s lives. We believe in getting to know customers by name and providing a level of personalized service that just can`t be found at other financial institutions. In addition to our commitment to customer service, we have a wide range of financial products for just about any need, whether it`s a home loan, or a savings plan for college, retirement, or medical expenses. Rates on all Piedmont Federal products are extremely competitive, our fees are minimal, and all of our savings programs are safe, secure and backed by the FDIC.