Pioneer Bankshares Inc. Declares Dividend for the Second Quarter of 2016, Payable on June 30, 2016
June 10, 2016 at 08:00 pm
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The Board of Directors of Pioneer Bankshares Inc. declared a second quarter dividend at its June 9, 2016 meeting. The dividend payment declared will be paid at $0.19 per share for shareholders of record as of June 20, 2016 and is payable on June 30, 2016. This dividend is the same as the prior quarter and represents an increase of 5.56% as compared to the same period last year.
Pioneer Bankshares, Inc. is the one-bank holding company of Pioneer Bank, Inc. (the Bank). The Bank is engaged in the general commercial banking business, primarily serving the counties of Page, Greene, Rockingham, and Albemarle, Virginia. The Bank offers a full range of banking and related financial services focused primarily towards serving individual consumers, small to medium size commercial businesses, and the professional community. The Bank provides individual consumers, professionals and small and medium-sized commercial businesses in its market area with responsive and technologically advanced banking services. The Bank operates a small finance company known as Valley Finance Services, a Division of Pioneer Bank, which specializes in consumer and dealer auto lending. The Bank strives to serve the banking needs of its customers while developing personal, hometown relationships. The Bank also operates a small Business Banking Center in Harrisonburg, VA.