Pioneer Bankshares, Inc. Declares Second Quarter Dividend, Payable on June 30, 2015
June 12, 2015 at 01:31 am IST
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The Board of Directors of Pioneer Bankshares Inc. declared a second quarter dividend at its June 11, 2015 meeting. The dividend payment declared will be paid at $0.18 per share for shareholders of record as of June 22, 2015 and will be payable on June 30, 2015. This dividend brings the total payments for 2015 to $0.36 per share and represents a year-to-date increase of 5.88% over the prior 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.